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BREXIT impact on IT Industry in India

The Brexit verdict coming up this week has the world on edge. The exact nature and extent of the impact if Brexit happens will emerge over a longer period of two years or more, during which the terms of exit and future relationship with EU are worked out. An initial analysis indicates that the impact on India’s technology sector may be mixed; clearly negative in the short term and harder to discern in the longer term – with either scenario having some positive and some negative points. more

Economic Survey: A Primer and Countdown to the Budget

Fiscal Consolidation:
At the countdown to the Budget, the Economic Survey sees the country growing at 7 – 7.5 % in the next fiscal and surpassing the magical 8 figure mark in the next couple of years. Fiscal consolidation has been in the government’s radar topmost, and the ambitious target of fiscal deficit@ 3.9% of GDP is likely to be met this year. However, the increased target of 3.5% in the next fiscal looks challenging. Though it must be said that this is the best opportunity that the government has, and ought not to miss it. more

Railway Budget 2016: Leveraging Technology While the Nation Moves

Clearly the Rail Budget has a strong focus on Capacity Building. And rightly addressed, the emphasis on technology stands out. Indian Railways is not one to be demand constrained ever, and it is possible to make the travel experience world class as well. The sheer number of passengers and millions of tonnes of goods which it ferries every day, unquestionably, bequeaths a right to its unique claim in history. Perceptibly, we are now a step closer to address the quality angle as well. more

Making India Financially Inclusive

The numbers are remarkable and leave a deep impression. There are 950 million mobile phone users, out of which 250 million alone use smart phones, and yet, 300 million Indians remain “unbanked.” This dichotomy, also presents itself as the bedrock on which financial inclusion rests. These teeming millions can be brought under the ambit and empowered to receive government benefits electronically, which will also save cost for the latter. Typically, these transactions will be of low value but high volume – what is proverbially called the “Bottom of the Pyramid.” The Banking industry in India is robust and has achieved a certain level of process maturity, which is comparable to the very best anywhere in the world. The challenge is to put a structure in place where the minimum transaction value may be as low as 10 rupees for instance, comparable to a similar top-up amount in case of prepaid connections in the telecommunication industry. more

Securing The Fifth Domain

As per military parlance the other four domains are land, sea, air and space. Internet is all pervading and deservedly stakes a claim here as the fifth. It’s a curious case of how the very same technology and protocols which are used for what we commonly understand as progress, can also be misused and result catastrophically in regress. The world of cyber crime, espionage and cyber weapons feed on each other to give an impression of a symbiotic relationship, only to keep the internet safe and free from attacks as far as possible. more

Saying It For FDI Relaxation In E-Commerce

The 1.4 trillion dollar global e-commerce market is not evenly layered. As per 2013 WTO reports, the B2B segment was approximately 90% and the rest was B2C. There hasn’t been a perceptible change in the last two years. In India, FDI is fully allowed in the former, and the debate rages on with B2C. How far can there be a relaxation in rules to attract foreign direct investment? That, cent percent FDI be allowed in B2C as well, is what we are proposing for the 14 billion dollar Indian e-commerce industry, which is leapfrogging on its way at an annual compounded growth of 25%. Widely considered as a hotbed for entrepreneurs to set up shop and scale up exponentially in due course.
Saying It For FDI Relaxation In E-Commerce more