CategoriesFocus Areas Ideas for GrowthOur biggest imperative as a nation today is to create good jobs that would help our humungous workforce transition out of low-productivity and low-paid agricultural work. 46% of India’s workforce is engaged in agriculture, but the sector contributes just 18% to our GDP. Jobs in manufacturing and services are 3-6 times as productive. When it […]
CategoriesFocus Areas Ideas for GrowthAjay Shah, economist extraordinaire and author of the finest primer on public policy in India – ‘In Service of the Republic’ – believes everything is everything! It’s more than just the ‘catchy’ name of his insightful podcast with Amit Varma. Ajay explained when he joined us for our own humble endeavour – FED Dialogues – that […]
CategoriesFocus Areas Ideas for GrowthOur guest for this episode of FED Dialogues, a private equity investor turned philanthropist, has a neat analogy for how he looks at philanthropy. He’s done the ‘debt’ part of his philanthropy – set up a world-class university where he can see the impact he’s creating. He’s now looking at more ‘equity’ opportunities in philanthropy. These […]
CategoriesFocus Areas Ideas for GrowthOur guest for this episode of FED Dialogues, has just authored one of the most highly acclaimed books on India – “Accelerating India’s Development: A State-Led Roadmap For Effective Governance”. In this fascinating one hour conversation, Karthik gives us an introduction to the key messages of his book – the idea that the government can […]
CategoriesFocus Areas Ideas for GrowthGrowing up in a business household, Naushad Forbes read and heard about the gulf in living standards that separated countries in the league of South Korea, from India. That gulf, which was non-existent at one point in time – India’s per capita GDP was the same as South Korea’s in 1960 and slightly higher than […]
CategoriesFocus Areas Ideas for GrowthFrom classrooms to political rallies to multilateral summits, entrepreneurship is the buzzword being peppered liberally everywhere, and for good reason. It’s the fulcrum of innovation, employment and wealth creation. And nothing breeds success like success! It takes a few to succeed, for a thousand more to strive for success. So, the flywheel keeps spinning. But are we […]
CategoriesFocus Areas Ideas for GrowthIt’s been over 30 years since India liberalised its economy. If it didn’t sink in then, it’s crystal clear today that 1991 was an epochal moment for modern India, the country we were and what we aspire to become. Our guest for this episode of FED Dialogues, acclaimed author and former Chief Executive of Procter & […]
CategoriesFocus Areas Ideas for GrowthThe Indian government aims to achieve USD 2 trillion total export by 2030, one trillion each in merchandise and services[1]. India also needs to create massive employment to tap into its underutilised workforce of ~12 crore people in the coming years[2]. In order to achieve these targets, we need to improve our manufacturing competitiveness and […]
CategoriesFocus Areas Ideas for GrowthExport-led economic growth has a proven track record of success. From the Asian Tigers in the 1960s to China more recently, growth through exports has lifted millions out of poverty by creating quality jobs. Consider the case of Vietnam. Over the past 30 years, the country has witnessed a remarkable increase in living standards, with […]
CategoriesElectronics Focus Areas Ideas for GrowthPaving pathways for India’s labour force According to the PLFS report for 2021-22, the Indian worker population ratio for ages 15 and above is only 52.9%[1]. This is much lower compared to other countries, such as China (80%) and Japan (70%), during periods of rapid economic growth[2]. Further, 26.8% of the labour force is employed […]
