Economy

Mohammad Anas Wahaj | 29 mar 2013

Employers continue to hire, showing strength and confidence in Indian economy. Online hiring trends increased by 4% in February compared to January and rose 16% compared to last year-period, according to a research by online job portal. Good sign for the fresh graduates entering the job market. Read on...

Silicon India: India's Employment Index Rises 16 Percent Year-over-Year: Report
Author: NA

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Mohammad Anas Wahaj | 13 mar 2013

Drought in 2012 reduced India's GDP by half a percentage point, says 2013 World Bank report. 70% of India's population is rural, 58% make a living through agriculture and 355 million (living below Rs 62/day) depend on rain-fed agriculture. So the droughts are capable of disturbing the large portion of the population and the government considers it a priority issue. Integrated efforts are required to manage such situations. Farmers should be involved in the decision making processes and better farm and irrigation practices are to be used for effective adaptation to drought conditions. Advance meteorological methods to be used for early detection of drought and subsequent action has to be taken before it creates hardships for farmers. Access to credit and financial services for farmers would also assist them to better tackle drought time problems. Strong and self reliant farming communities can be the backbone of India's growth and prosperity. Read on...

the guardian: India strives to become 'drought proof'
Author: Manipadma Jena

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Mohammad Anas Wahaj | 11 mar 2013

India's recent bilateral and regional trade agreements are not deriving as much benefits as the negotiating capital invested in them demands. One of the reason cited is the involvement of political considerations than purely trade concerns while building these partnerships. Although politics has its own importance in the scheme of global diplomacy but trade should be the main driving factor for such agreements. India should align its various trade policies and activities, both domestic and international, along with involvement of non government trade players, organizations and civil society in trade policy making process, to have more leverage and better benefits from the deals. Read on...

Business Standard: India needs a better deal from trade pacts
Author: Bipul Chatterjee, Purna Chandra Jena

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Mohammad Anas Wahaj | 10 mar 2013

India is ranked 4th (after US, Germany and China) in terms of manufacturing capacity, says a report. Experts say that to achieve 14% growth of the manufacturing sector, sustain it and keep it globally competitive, India need to adopt cost efficiency and automation. Moreover small and medium enterprises have to improve their manufacturing processes towards better quality, cost reduction and global standards, to contribute to the target of providing 25% to the GDP. Read on...

India Education Diary: Cost Competitiveness Key to sustained Manufacturing growth - Ajay Shankar
Author: NA

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Mohammad Anas Wahaj | 08 mar 2013

India has to overcome structural problems and bottlenecks related to education, training and infrastructure has to be alleviated to increase the potential of India's growth, says the Chief Economic Advisor, Raghuram Rajan. He mentions three downside risks to the economy- current account deficit, oil prices and monsoon. Government should continue to focus on financial sector reforms and labor reforms towards seeking better alternatives. Read on...

Live Mint: Economy on way up, but risks linger - Raghuram Rajan
Author: Asit Ranjan Mishra, Anil Padmanabhan

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Mohammad Anas Wahaj | 04 mar 2013

India is projected to be the third largest consumer market by 2020 and by 2030, with an aggregated consumer spend of US$ 13 trillion, it will surpass China and US, says a report. Can India take advantage of the opportunity to build itself as a strong economy and a developed nation? Read on...

NDTV Profit: Indian consumer market likely to be world's largest by 2030 - Deloitte
Author: NA

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Mohammad Anas Wahaj | 26 feb 2013

Indian healthcare sector is about $30 billion. Foreign investments increased to $520 million in the sector in 2012. Medical tourism will increase and with middle class having more disposable income to avail better healthcare services, the sector will see further growth and upgrade of infrastructure and technology enhancements. Read on...

IndiaBlooms: Healthy growth of Health Care Sector in India
Author: NA

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Mohammad Anas Wahaj | 19 feb 2013

Nobel laureate Prof. Amartya Sen says that India has to take a 'fresh approach' to its healthcare sector and more public funds are to be allocated to overcome the shortages. He mentions that private enterprises alone are insufficient to fill the gap of providing 'Healthcare for All' and there is lack of professionalism in the medical workforce. Read on...

The Hindu: Reliance on private healthcare an illusion - Amartya Sen
Author: NA

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Mohammad Anas Wahaj | 18 feb 2013

Convergence of 'Corporate Social Responsibility, Government Policies, Responsible Capitalism, Social Entrepreneurship and Technology' can assist India in achieving inclusive growth and development targets. Probably a strong road map with effective leadership at various levels, efficient management of resources, collaborations with diverse organizations and communities etc can help us be a developed nation. Seeking common grounds within conflicting and diverse views and approaches may be the need for positive and valuable partnerships. The future seems bright but of course there are various challenges. Read on...

Huffington Post: Bright Indian Future, Driven By Social Enterprise and Technology
Author: Preetam Kaushik

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Mohammad Anas Wahaj | 12 feb 2013

'Construction and infrastructure' sector is an important element of the Indian growth. It directly or indirectly employs about 30-35 million people. In the 12th plan 56 lakh crore (about a trillion dollar) is allotted for the sector. Some of the issues the sector faces include fragmentation, project completion delays, technology upgradation & skill development. Read on...

The Times of India: Infrastructure is key to India's growth
Author: Chittaranjan Tembhekar

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