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My firm Netcore faced a big crisis in 2007-08. Before I realised it, we were losing Rs 1 crore a month, chasing a mythical valuation of a capital-fed consumer business.
Economic Survey 2019-20 indicates that while India has jumped a long way in Ease of Doing Business rankings, it still trails South-East Asian & other countries.
With “wealth creation” as the central theme of 2020 Economic Survey, Modi govt has harked back to its capitalist orientation in the backdrop of an economic slowdown.
India’s telecom crisis has deepened with Vodafone Idea and Bharti Airtel having to cough up thousands of crores in dues to the government.
Modi govt can celebrate Ease of Doing Business ranking but can’t ignore India’s 140th rank in happiness index or the highest suicide rate in South East Asia.
India has risen to 63rd spot in the World Bank’s overall ease of doing business rankings, but on some parameters, it has slipped since 2013-14.
India jumped 14 places to rank 63rd in the World Bank's ease of doing business ranking index, and aims to be within 50 in the next few years.
The ranking comes at a time the RBI, World Bank, IMF and various rating agencies have slashed the India’s growth forecast.
In a new Carnegie India paper, an IAS officer and a scholar from Chennai lay out policy prescriptions for the government to create conditions and generate employment for India’s youth.
If Narendra Modi wants to double farmers’ incomes, then the Centre has to create a system that can rank states according to agricultural performance.