Category: Uncategorized

DANCE OF THE RUPEE

By Prof. Rudra Sensarma The rupee has received a lot of attention in the last few months ever since it went into what seemed like a free fall. Recently I was asked by a couple of regional media representatives to comment on the issue. These interviews gave me an opportunity to classify my thoughts into two parts, the general impact …Read more »

BARRIERS TO WEALTH CREATION

By Prof. Mahesh P. Bhave Around mid-1980s, I was puzzled by a simple question: Why is India poor? What are the causes of the wealth and poverty ofnations? I realized only later the very question prompted Adam Smith’s 1776 classic,  An Inquiry into the Nature and Causes of the Wealth of Nations. One conclusion I reached was that entrepreneurs were responsible …Read more »

FDI IN MULTI-BRAND RETAIL: FOR WHOSE BENEFIT?

By Prof. Sthanu R Nair The Congress led UPA government allowed 51% FDI in multi-brand retail in September 2012 overruling strong opposition from various quarters including some of the UPA allies. The move invited serious criticism from several quarters with regard to its overall contribution to the growth prospects of Indian economy and its adverse impact on traditional retailers and …Read more »

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