Young, ambitious workforce learns skill degrees come with no guarantees.
The poor and unbanked can take their rightful place as consumers of financial services only if the Modi government encourages different entities to advance the financial inclusion agenda, say Vikram Gandhi & Chandni Ohri.
Under Sharma Axis Bank has also taken the lead in focusing on technology, which has now become core to almost every other lender's strategy.
India's indigenous paper manufacturers are forced to use a variety of raw materials.
'There is no holistic picture of our own goals and objectives.' 'For some inexplicable reason, the decision makers find it best to listen to their inner souls in dealing with these issues rather devising a carefully thought-out, structured plan,' says Vice Admiral Premvir Das (retd).
Single window clearances for realty must.
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The anger against land acquisition is not only among landowners.
Premier Li Keqiang highlighted his government's performance in the last one year and the challenges ahead in various fields. Compared to other reports by his predecessors, Li spoke more frankly about the mounting challenges faced by the country. Srikanth Kondapalli on the two recent Chinese parliament sessions.
'There is a great scope for enhancing the use of organic fertilisers'.
'The execution has been 100 per cent faulty.' 'The scheme is also a stupid one, a real Tuglaq Darbar scheme.' 'This way of attacking black money is the most ineffective one.'
'If the Kasturirangan Committee report is implemented, the mining and quarrying lobbies will flourish... It will be disastrous for the environment... There will be water shortage, there will be pollution. Finally, farmers will have to quit the area.' Dr V S Vijayan, a member of the Gadgil Committee, points out how the Kasturirangan Committee report will hit both people living in the Western Ghats as well as the plains.
China's Xiaomi to unveil its first India-made phone on Monday
'... for two reasons: the poor quality of education, and the low rate of female participation in the labour force.' 'Unless something is done quickly to remedy these problems, India will just have a large population of low-skill, low-wage, males trying and failing to feed their families adequately.'
Higher growth, reform bets have boosted returns but leave limited room for error.
The Diaspora is no longer a mere remittance economy. It today claims dual loyalty and demands a say in Indian politics, says sociologist Shiv Visvanathan
'AAP has to run a marathon and could face a new crisis on the way. The beauty is to learn from the crisis, correct the mistakes and move forward.'
'The question remains: Was the Obama visit truly a success? Only the future will tell us if the "breakthrough" in the nuclear liability issue will concretise into electricity.' 'As importantly, it will be interesting to watch how India's relations with China will evolve in the months to come.'
It is rare for communal riots to spread to rural areas. The UP riot is the first time after the September 1969 Gujarat riots that a rural area have been affected. Electoral politics which divide society in majority/minority, going on since the early 1990s, is a major contributing factor to this heightened tension between communities, says Colonel (retd) Anil Athale in the first of a two part series.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
We're behaving like frogs in warm water. We swim around untroubled, cooled by our faith in Indian liberal democracy. We are blind to the bubbles popping around us, the bubbles warning of fundamental changes, says Mihir S Sharma.
Indian economy about to take-off
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
'AAP's real value must be measured not by the number of Lok Sabha seats it wins in the election -- which may not exceed 10 or 15 -- and not even by the number of votes it takes from the BJP, but by its ability to deflate Modi's superhuman '56-inch chest' image and the charisma so assiduously manufactured around him by the corporate-controlled media.'
'We are rushing to 'develop' without carefully valuing natural areas.' 'With careful land use planning and scientific zonation at least 5 to 10 per cent of the country's land can be secured for tigers and other such species, and another 5 to 15 per cent kept under low-impact uses to support biodiversity that can coexist with human uses.'
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
Prime Minister Manmohan Singh on Friday disagreed with those in the Congress who were dismissive of the challenge posed by Narendra Modi but asserted that the party would approach the 2014 Lok Sabha polls with self-confidence, irrespective of the results of the just concluded elections in five states.
Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.
It is time to throw an outer ring around India's national security by proactively engaging in areas immediately outside our neighbourhood. Such a ring will not only insulate India from emerging threats, but also create new leverage in securing our own neighbourhood, says Nitin Pai.
Boost to dairy sector will generate jobs
NDA government has shunned populism.
'J&K continues to have the highest concentration of military personnel anywhere in the world and the alienation of the Kashmiri has increased in the last ten years than ever before.'
'You want a steady, confident, self-assured and highly skilful hand at the till. 'It is a pity that the BJP has decided to deprive itself of such a hand at this politically sensitive time.' 'It is like sacking your surgeon in the middle of your brain surgery,' says S Muralidharan.
Facebook founder Mark Zuckerberg and wife Priscilla Chan introduced their daughter Maxima to the world with a beautiful and thoughtful letter.
Budget in the medium term aims to kick-start the investment cycle.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
A combative Congress President Sonia Gandhi on Wednesday mounted a blistering attack on Prime Minister Narendra Modi, accusing him of running a government "of some people, by one person for a select few" and said he has not much to showcase even as the government completes one year.
'The US wants Modi to succeed because we want India to succeed. For our part, when India thinks of its partners in the world, we want it to think of the US first. That means positioning our country as the preferred provider of the key inputs that can help to propel India's rise.' 'The meeting between Modi and Obama is, and must be, an opportunity for true strategic dialogue -- not a scripted exchange of talking points, but an open discussion of the big questions. What kind of world do we want to live in? What are our true priorities? And most importantly, why does this partnership still matter?'
Coming down heavily on Pakistan, President Pranab Mukherjee has said unless it dismantles the terror infrastructure on its soil, there is no scope for progress in talks between the two countries.
'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'
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