Browsing CategoryIndustry

05 Jan 2021 Historically, the Indian subcontinent was known for its well-developed industries and commercial activities. Indian commodities, especially, spices, pearls, fine cotton, among others, were in high demand during the ancient and medieval periods. Angus Maddison, in his book ‘Contours of the world economy, 1–2030 AD: essays in macro-economic…

21 Dec 2020 Lee Iacocca, the famous American automobile executive known for bringing the iconic Ford Mustang and reviving Chrysler, in his autobiography said, “If I had to sum up in one word the qualities that make a good manager, I’d say that it all comes down to decisiveness. You…

11 Dec 2020 According to Thomas Friedman’s analogy, the world after the event of the massive pandemic could be divided into eras viz. Before Corona (BC), During Corona (DC) and After Corona (AC). To overcome the effects of Covid on the economy, both at global and national levels, would require…

27 Nov 2020 India’s healthcare ecosystem has evolved since the time of independence and is currently at a very critical juncture. There have been strides taken to address the idea of affordable and quality healthcare through various flagship programmes such as Ayushman Bharat PM-JAY. However, areas such as accessibility, absence…

16 Nov 2020 There’s a zen story that came my way the other day. Two men visited a Zen master. The first man asked: “I’m thinking of moving to this town. What’s it like?” The Zen master, in turn, asked a question, “How was your old town?” The man answered,…

31 Oct 2020 In India, around 55 per cent of the population lives in urban areas. This is estimated to rise by 1.5 times in the next 25 years. If managed well, urbanization can contribute to sustainable growth, through creating a sustainable model where people are close to work, by…

29 Oct 2020 The Covid outbreak has severely impacted the global economy. Judging by the current economic climate, the slowdown is likely to continue for some time, keeping investments stagnant. At this point, it is important to incentivise the industrial ecosystem in order to boost business sentiments and restart economic…

23 Oct 2020 In the space of a couple of months, rural India has been transformed into its new avatar as the Great Saviour of the Indian economy. With manufacturing and services reeling from their worst ever depression in decades because of the Covid lockdown, a good kharif sowing season…

20 Oct 2020 India is the second largest fish producer in the world with a total production of 13.7 million metric tonnes in 2018-19. Shrimp comprises the majority share (75%) of India’s aquaculture share. The fisheries sector in India has been growing impressively with an average annual growth rate of 10.88%…

07 Oct 2020 The Micro, Small & Medium Enterprises (MSME) sector is one of the integral pillars of the Indian economy, with around 63.4 million units spread across the geographical expanse of the country. This sector is one of the largest job providers, providing employment to 111 million people. The…