prosaicview

Category - Business

Allowing Foxes in the Hen House

The suggestion of the RBI Internal Working Group that corporations should be allowed to own banks is a bad idea It is a bit difficult to understand why the Internal Working Group (IWG) of the Reserve Bank of India bats...

The future of global manufacturing

Flexibility and de-risking are going to be more important than scale and cheap labour in the post Covid world The Coronavirus pandemic and China’s rising tensions with several countries are changing supply chains...

The Policy Problem in Manufacturing

India cannot become a manufacturing hub unless the union and state governments are on the same page. That is a difficult task but not impossible Elected leaders, in general, decide on policies with short term profit in...

The King Can Do No Wrong

The myth of the Great Leader with incompetent followers A recent article in Business Standard newspaper by noted journalist Shekhar Gupta tried to analyse why Prime Minister Narendra Modi’s big ideas do not lead to any...

Of Pithy Slogans and Makeshift Policies

The Prime Minister’s vision of making India a manufacturing powerhouse has not been backed by coherent policy making When Prime Minister Narendra Modi announced in his latest address to citizens the big new thrust to...

No Country For Migrant Workers

The pandemic has bared the attitude of the authorities towards workers. As the lockdown keeps getting extended again and again, the attitude of the union government and the state governments towards migrant workers is...

The Looming Supply Shock

Policy makers have been worrying about the consumption slowdown for some time. But the far greater danger could be the supply side choking up. Even before the Coronavirus pandemic upturned the globe, finance ministry...

A pharma unit

Lockdown Diaries 7: A Hard Stop

The factories shut down overnight. Then some started partially and some are hoping to start soon. But normalcy will take months, if not years.   According to the Annual Survey of Industries (ASI) 2017-18 report...

Liquor is Quicker

Candy may be dandy but alcohol gives immediate revenues to state governments – and that is why they want liquor retailing to be allowed now When the national lockdown was announced, the union government left...