Namma Bengaluru Awards ‘09 - Overwhelming!

There was an overwhelming response to Namma Bengaluru Awards, held to honour those who make a difference to our city at Bengaluru Palace Grounds on February 27th, 2010!!

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Bangalore Fire that killed 9 - who is Responsible?

I condole the deaths in the Bangalore fire yesterday at Carlton Towers - Old Airport Road. The fire killed 9. Who is Responsible?

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A proposal for a revised Akrama Sakrama

Akrama Sakrama is proposed as a program to legalize – the many illegal constructions that have come up in and around Bangalore – with the ostensible objective of helping the poor householders who have built some/most of these illegal homes.

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India - the Economic Superpower!

India is poised to take over the developed countries to emerge at the top of the heap in the global economic superpower league by 2030…

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August 15th, 2009: State of the Nation

India has always held great promise. At the time of independence in 1947, India had one of the largest foreign exchange reserves in the world and was responsible for almost 2.5% of global trade. But 45 years of a socialist economy mixed with old style crony capitalism brought the country to near bankruptcy in the 90s.

We are a trillion dollar economy today. The liberalization initiated in the early 1990s has sparked unprecedented growth, opportunity and wealth creation. Government revenues have doubled in just the last 3 years. India’s consumer demands are increasing much faster than the economy pointing to a newly created consumption economy. 70% of India’s population is less than 36 years old and the country is home with 20 percent of world’s population under 24. The statistical snap shot of India today is compelling.

However, it’s still difficult…

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Governance Diaries 2009: Budget 2009 and Indian Economy

The anticipated event for this month is the Budget 2009 – there has been an interim budget already earlier in the year that was presented by the then acting Finance Minister, Pranab Mukherjee, so this July 2009 budget will make it the second time in this year that we will wait with bated breath for ‘THE BUDGET’.

Predictably and staying on script, the media is the one that’s most enjoying this second shot at a budget – with the usual cast of characters being heading out to various studios and editorials to discuss budget expectations! In my experience and observations, these so called ‘expectations’ haven’t changed a bit since the dawn of this concept of expectation broadcasting! It’s mainly about this tax break or that excise duty reduction, i.e. micro issues with a casual statement here and there about the macro…

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