Economy

11 February 2017
Is a Deep State at Work to Steal Digital India?

Given that Indian economy is fast becoming digital and from opening a bank account, to making financial transactions every facility, an Aadhaar Authentication is required. Even the Supreme Court has been working on making Aadhaar mandatory. Imagine my shock when I was told that Aadhaar can be hacked as it has very poor security. My eyes popped out when I saw the video as given below.

02 February 2016
Inclusive Bank - Need of the Hour

RBI Governor Raghuram Rajan's strategy of widening and deepening the banking system through payment banks, India Post Bank, small finance banks and strengthening the NBFCs through appropriate regulation and facilitation deserves rich commendation for taking inclusive banking closer. But doubts still prevail over the effective reach of inclusive banking going by the laggard performance of the priority sector credit thus far.

12 January 2016
Renewable Energy: Where is the Complete Package?

Sometime back Prime Minister Narendra Modi announced an ambitious target of 175 GW by 2022 for renewable energy. India has a low consumption of energy and will need to increase it several fold in the coming decades. With the global community working on reducing carbon footprint and the commitment of each nation being already in public domain with the international community as Intended Nationally Determined Contribution (INDC), the pressures for improving energy efficiency and increasing share of non-fossil fuel generation has become more intense.


Network Expansion should not be Derailed by Nationalities of Convenience

Professing Indianness has taken media spending to a new high and journalistic ethics to a new low. There are marketing as well as editorial solutions to 'nationality laundering'. A Chinese company of yesterday becomes an Indian company of today by simply advertising so. Uber CEO is happy to take on Indian nationality alongwith Indian Guest Editorship.

18 August 2015
Dreaming Big

"You have to dream before your dreams can come true." This famous quote of former President APJ Abdul Kalam, who himself turned his dream into a reality as a nuclear scientist and has "ignited" many minds with his ideas, is perhaps the most appropriate theme for present day India aspiring to become an economic and knowledge superpower.It is the culmination of the dreams of 1.2 billion people that has led Prime Minister Narendra Modi to ideate his plan of making the $2 trillion economy a $20 trillion behemoth within the next two decades, eradicating poverty and making India a knowledge society.

11 August 2015
Mainstreaming Organic Farming

Anupam Verma, who works for a multi-national company in Mumbai, was deeply disturbed after reading a report regarding the presence of poisonous chemicals in conventionally grown fruits and vegetables that he and his family used to eat everyday. The report was indeed scary. It said the consumption of these produce might cause life-threatening diseases like cancer, neurological defects, autism and respiratory and reproductive problems. Verma did not want to take a chance and decided to use only 'organic produce', which are presented in the report as a healthy alternative.

5 August 2015
Tipping '$20 trillion Economy' Game-plan, with Rational Farm Credit Policies

In 2015-16 Union Budget, the government enhanced credit target for farm sector by Rs 50,000 crore to Rs 8.5 lakh crore. This was in line with a common perception that farm credit translates into the growth of the national economy. Statistically this might be unfounded, however it is undeniable that the farm sector that constitutes the core of the economy needs to be in focus of banks and other financial institutions.

4 August 2015
Moving Towards a Cashless Economy

The Indian economy is largely dependent on cash. Only 5 per cent of the country's personal consumption expenditure is done electronically. A sharp acceleration of economic growth is not possible with such kind of dependence on cash. Overdependence on cash is a major hurdle and a radical thinking and coordinated efforts are needed to take electronic payments system to the masses.

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