Category: Economics

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B20 Recommendations to G20 for Digital Economy & Industry 4.0

The G20 countries have the opportunity to embrace innovation and transformative technologies, recognizing different digitalization maturity levels among members, that will promote fair and sustainable development across all G20 countries and around the world. A revolution underpinned by artificial intelligence and other technologies is already underway and will redefine the...

India – World’s Most Open Economic Behemoth

This year, India is expected to become the fifth largest economy in the world. It is also optimistic that it will hit the throne of the world’s third largest economy in 10 years, only after the United States and China. This vision attracts global businessmen to compete for business opportunities....

Transforming Indian Railways – From Chugging To Shinkansen –

India is amongst the fastest growing nations in the world today. However, the nation’s potential is not unleashed to the fullest given several challenges of education, job creation, and weak infrastructure amongst others. Our Hon’ble Prime Minister, Shri Narendra Modi has launched several initiatives such as Make in India, Skill...

Rebooting Higher Education -Building India as a Knowledge Economy-

In my last Essay I shared my thoughts on what ails India’s Primary Education system and had suggested some possible actions. Primary education undeniably forms the foundation of a strong and progressive nation. But the criticality of Higher Education, especially for an economy such as India can not be undermined....

The ILLS of Urbanization!” Is Smart Cities the Answer

Today, India is amongst the fastest growing large economies of the world, bringing with it unprecedented rates of urbanization. India’s expected urbanization of half its population, an astounding 750 million people, by 2030 is not much different from the global trend. Prompted by people’s desires to improve their quality of...

World Bank Rankings – Do They Tell The Whole Story!

Earlier this month World Bank released its Doing Business Report (DBR) which ranks countries on Ease of Doing Business. India was placed at 130 out of 180 countries – a dismal improvement of a single rank from last year. The Indian Government as well as several stakeholders have since expressed...

Is Global Trade the Whipping Boy in Politics!

On September 17, as I walked out for lunch in Frankfurt Down-town, I witnessed un seemingly sight of a large crowd (later the TV news confirmed 15,000) walk the streets demanding scrapping of the TTIP and the Comprehensive Economic and Trade Agreement (CETA) of Canada.  Not surprisingly within three weeks...

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The Free Trade Conundrum : Developed World’s Brazen self interest!

The US Presidential Elections are turning well established thinking on its head. Donald J Trump has made no bones about the fact that the NAFTA agreement was a mistake saying that if he was President, “the North American Free Trade Agreement (NAFTA) will be renegotiated and probably terminated.” Making a...