Category Archives: economy

Misplaced Views of Ruchir Sharma about India’s Northern States

Ruchir Sharma in the chapter on India’s economy of his widely acclaimed book ‘Breakout Nations’ opines,’The centre of economic dynamism is shifting from the south and parts of the west to the major population centres of the central and northern … Continue reading

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India’s Slowing Economy and Ruchir Sharma

It started with India’s own chief economic adviser Kaushik Basu. Basu expressed his doubt about any reform coming before 2014 election. Soon after came the bomb blast from Standard & Poor. It was followed by Moody’s dismal remark about Manmohan’s … Continue reading

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India- The Reasons to be Hopeful

Many had gone abroad for higher education, got opportunity and placed with good companies with six figure salaries and lived a much better quality of life. Some have returned to reinvent new careers in India even on meager remuneration. Some … Continue reading

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India as Economic Power

As early as October 2007, McKinsey Quarterly stated, ‘India is moving quickly to capture its place on the world stage’. India has arrived and it is getting visible at all the international platforms of some consequences, India is still cost … Continue reading

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Why is Bihar a state with most poor?

In rural Bihar, nearly two out of three people from the scheduled castes and scheduled tribes are poor. According to Planning Commission data, poverty among casual labourers in urban areas of Bihar is 86%. Poverty has declined only marginally in … Continue reading

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Bihar-A Temple Project

I don’t know why such exciting news comes from BBC, Washington Post, Independent, Guardian and a score of other foreign news media. However, it adds perhaps a little weight and seems to be more authentic that makes me happy. I … Continue reading

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Indian Scientists and R&D

I read a story recently how the only Nobel Laureate of science from India failed to explain his Raman Effect to her mother, Parvati Ammal to her satisfaction, though he tried his best to elucidate his discovery to best of … Continue reading

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Gloomy Growth, Hopeless Managers

It is getting serious. Slow down is real. Achievable growth rate for the current fiscal is being reduced again and again. According to a survey of professional forecasters by the Reserve Bank of India (RBI), forecast for growth in gross … Continue reading

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Two Wished Election Codes

Many would have imagined that the present UP election would be fought on the issues such as corruption or the world’s worst poverty prevailing in the country and more so in the state that is undergoing election battle. But on … Continue reading

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My Dilemma with Bihar Story

I get excited with every good news report about Bihar or about someone from Bihar,be it a headline such as Bihar attaining the highest manufacturing growth in 2010-11 or Bihar readying for Rs 90,000 crore agriculture-road map. However, as usual … Continue reading

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