The unprecedented and rapid spread of novel coronavirus has brought all major economies of the world on its knees. The crisis is possibly the worst humanity has seen since the World War II. Here is a look at some of the sectors across the world facing the worst of the crisis. The industry worst … Continue reading Covid-19 – Tracking the Global Impact
The lockdown to fight Covid-19 is having an unprecedented impact on the GDP, possibly not seen since independence. Yet, the economic impact is no match to its potential impact on the lives of the people. This is best illustrated by the situation in US which tried to keep its economy rolling, only to find itself … Continue reading Covid-19 – Estimating the Impact on GDP
The nationwide lock-down to prevent the spread of Covid-19 has led to an unexpected fallout – mass exodus of people from urban centers to their home town. The gravity of the situation this time is greater as the movement may lead to entry of the deadly virus into the rural community. While it is common … Continue reading The Mass Exodus – Understanding the Characteristics
COVID-19 continues to wreak havoc across the globe with a ferocity that shows no sign of abatement. Over 6 lakh cases of novel Coronavirus and over 27,000 deaths have been reported as on 28th March as per Worldometer.info. This is the worst pandemic since the 1968 influenza which lasted about six months and caused deaths of 1-4 million people as per WHO. From that perspective, we could still be some months away from the end of this pandemic even as the advancement of medical science has helped reduced the fatality rate. Continue reading Covid-19 – The Fight Continues…
Public sector enterprises (PSEs) invariably face criticism as loss making behemoth and for their inefficiency. While there are PSEs which have sunk significant amount of public money, there are also a large number of PSEs which are running very efficiently. These PSEs are making substantial profits even after meeting number of government mandated norms. Here … Continue reading Public Sector Enterprises – An Overview
The disruption in China’s exports and in turn, global supply chain, as a result of COVID-19 calls for a re-orientation of global supply chains entailing China plus One strategy. As a matter of fact, the rapid spread of the pandemic from China to rest of the world got aggravated due to over-dependence of global economy on China. This opens a door for nation such as India to push itself as a reliable alternative. Here is a look at how China succeeded and what India needs to do based on the recent Economic Survey. Continue reading Enhancing India’s Exports – Devising A Strategy…
MSME sector has been receiving attention from the government and regulators because of its contribution to GDP and employment generation. However, an issue not recognized is – are these jobs for real or they are another form of disguised unemployment. Here is a brief look at the same. MSME (Micro, Small and Medium Enterprises) sector … Continue reading MSME Sector – Generating Employment or Disguising Unemployment?
The face of Corporate India has changed dramatically in the last 30 years since the economic liberalization began. Liberalization exposed the then established firms to competition, changing corporate mindset of taking markets for granted. Failure to adept to these changes led to what the Economic Survey has called ‘creative destruction’. Here is a look at … Continue reading Corporate India – The ‘Creative Destruction’ since Liberalization.
Coronavirus has emerged as classic ‘black swan’ event or ‘unknown-unknown’ risk deliberated upon quite extensively in the risk management fora. The rapid spread across other countries has made it even more serious even as it appears to be getting under control in the country of its origin. Other than the loss of thousands of lives, … Continue reading Coronavirus – Tracking the Economic Impact
The suspension of the board of Yes Bank and appointment of an administrator was almost like a bolt from the blue; but in retrospect, had been coming for quite some time now. The bank had seen a series of defaults in its advances and was unable to raise funds to make up for this. Here … Continue reading Yes Bank – Diagnosis of A Failure