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The Jawaharlal Nehru National Solar Mission launched last month has set off a rush of applications for setting up solar power generation capacity in India. The high feed-in-tariff set by the government is the key attraction. The policy announcement in end November appeared to have been timed to strengthen the Indian side at the negotiations at I am referring to Dr. Kaushik Basu, the Cornell University Economics professor who recently took charge as the Chief Economic Adviser to the government of India. I am also referring to the introductory passage of a lecture essay written by Dr. Basu 2 years back (while at Cornell) on India’s growth politics that Few days ago a high school buddy of mine called me (woke me up rather) from the U.S at the middle of the night to ask and discuss his idea of doing business in India. He is a tech geek and his business idea is about creating a comprehensive online financial intermediation platform. My friend When we talk of all things sustainable, should Corporate Growth figure in it as well? The question is a good one and I believe the new developments in the US are leading to healthy debate on this To me, some recent reports in the press attributing the healthy performance of manufacturing in India in Q2 FY10 to rural markets, brought the puzzle of rural markets in India into focus again. Every one who has anything to sell in India is trying to get to the “bottom of the pyramid”, because that is |
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