CAPITAL IDEAS ON FINANCING GROWTH
14th Jan, 2005; Source: The Financial Express
Recently, we did a study on the likely financing needs of the Indian economy as a whole, and for the industrial sector We worked backwards from an assumed target growth rate of 8% for the economy as a whole The results were both interesting and disconcerting At the outset, two points need to... Read More
LOOKING BACK AT THE YEAR THAT WAS
31st Dec, 2004; Source: The Financial Express
It is fashionable for writers to review the year gone by in their end-of-year columns I will make no exception to this principle and will attempt my own modest review of some of the important themes of the year just passed First and among the most defining events of the year would have to be... Read More
LET PRIVATE ENTERPRISE TAKE THE LEAD
5th Nov, 2004; Source: The Financial Express
In my last column, I spoke on the need for an “in-the-trenches” mentality towards fostering further reforms in the Indian economy This reflects the fact that the easier, or first phase, of mostly macro reforms are over and growth rates of 8% plus can only be engineered if more clusters, or sectors reach a... Read More
WHY THE ELEPHANT WILL BE DANCING
22nd Oct, 2004; Source: The Financial Express
This is intended to be the first in a series of articles in this paper As a start, I thought I would put down my views on the current state of the Indian economy so that readers can filter my future views against this backdrop Last year, the Indian economy grew in excess of 8% Is this growth sustainable, or is it... Read More
9th Jul, 2004; Source: Business Standard
‘A Budget with a long-term vision’ would best describe the fine balancing act performed by the finance minister on Thursday The minister has dared to dream about strengthening of the rural infrastructure and boosting agricultural growth, a trigger that is well placed to fuel activity in... Read More
28th Jun, 2004; Source: Business Standard
A few events have taken place which imply that there could be significant changes in the interest rate and forex outlook in the next several months First, the state of the global macro-economy has changed fundamentally From being in an era of low global inflation and low interest rates, we... Read More
