The Year 2017 had been ear-marked as UK India Year of Culture by Prime Minister Narendra Modi during his tour of Britain in November 2015. That announcement became a reality when Indian Minister for Finance and Corporate Affairs, Arun Jaitley, represented the Government of India at a historic reception in Buckingham Palace in London recently. While the year is set to be packed with an array of cultural events, both in India and the UK, the key message amid all [...]
Rising demand at the bottom of the pyramid and more activity coming under the tax net will lead to an increase in demand for a host of consumer goods produced by Indian and foreign companies. Financial inclusion is, arguably, the first flagship initiative of the Narendra Modi government to meet with success. To the four such schemes that people usually count as being part of the programme – the Pradhan Mantri Jan Dhan Scheme (PMJDS), the Pradhan Mantri Suraksha Bima [...]
Gujarat is a laboratory of a development model that is uniquely home-grown. A lot has been written and even more spoken of the Gujarat Model of Development that has been praised the world over, including by the United Nations. But in India, the media narrative, disseminated mainly by people who view Prime Minister Narendra Modi – who authored this model as chief minister of Gujarat – solely through the prism of their opposition to everything he does, has been mixed. [...]
Governance systems developed ground-up in India can be replicated in other places in the world.
Over the last two centuries, India has adopted, or been forced to adopt, standards and systems imported from the West and imposed, except in some cases, from above. So, India’s judicial system is a copy of the British legal system, its education system is a product of Lord Macaulay’s disdain for all things Indian, its link language is also a gift from the former colonial masters and the Westminster model of democracy that India follows is a close replica of the British parliamentary system.
A policy expert analyses if India’s current rate of growth is any cause for worry or a sign of sustainable recovery. India increasingly attracts positive attention from foreign sources. This is evident when one meets with groups of foreign investors who see India as an attractive investment opportunity. This renewed investor interest in itself is not surprising given the rather uncertain and downbeat conditions in a large number of advanced and emerging economies. However, in domestic circles, there is a [...]
De La Rue is a UK-headquartered banknote manufacturer which has embraced the Indian government’s Make in India clarion call. Here the CEO talks ‘India Investment Journal’ through the company’s journey in India. How would you trace De La Rue’s history in India? De La Rue Plc began life as a manufacturer of banknote paper in the UK 300 years ago. We now work with customers in 140 countries on their currency, identity and security products, including the UK, which is [...]