Column

The indifferent market

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The expectation that restrictions may last weeks and not months explains the market’s apparent casual view of the pandemic Neelkanth Mishra | Last Updated at May 9, 2021 22:07 IST This appeared in the Business Standard on May 9, 2021 (link). Despite the scary increase in daily new cases and deaths in the second wave … Read more

A virtuous cycle of entrepreneurship: 100 Unicorns, Part 4

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In a country notorious for stifling private enterprise, can the next decade be the best ever for new businesses?Neelkanth MishraLast Updated at April 29, 2021 00:17 IST In the first three parts of this series, we saw how India’s corporate landscape is transforming, the progress in layers that is driving rapid and broad-based growth, and … Read more

The start, not the end, of Unicorn seeding: 100 Unicorns, Part 3

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Neelkanth MishraLast Updated at April 21, 2021 22:20 IST This appeared in the Business Standard on 22 April 2021 (link). In the first part of this four-part ser­ies, we saw how the advent of private equity is reshaping India’s corporate landscape. In the second, we explo­red the progress in layers, driving rapid and broad-based grow­th. … Read more

Progress comes in layers: 100 Unicorns, Part 2

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The ‘Silent Transformation of India’ is now maturing, creating a fertile ground for growth of new businessesNeelkanth MishraLast Updated at April 14, 2021 22:38 IST This appeared in the Business Standard on 15 April, 2021 (link). Just funding doesn’t a business make. Last week, in the first part of a four-part series on the discovery … Read more

Dysfunction in the bond market

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Written by Neelkanth Mishra | Updated: April 6, 2021 8:56:44 am This appeared in the Indian Express on April 6, 2021 (link) Does it even matter what interest rate the government pays on the debt it takes? Interest on government debt is a transfer from taxpayers to savers (who own government bonds), and as the … Read more

India’s changing corporate landscape: 100 Unicorns, Part 1

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We are in the early stages of an extraordinary episode of rapid scaling up of new companiesNeelkanth MishraLast Updated at April 5, 2021 23:10 IST This is the first in a four-part series published in the Business Standard (link). Over the past 15 years, economic activity as well as wealth creation has shifted noticeably to … Read more

PLI: A pro-growth turn in government policy

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The growth impact of PLI schemes could start showing up in FY22Neelkanth MishraLast Updated at February 8, 2021 22:41 IST This appeared in the Business Standard on 8 February 2021 (link). Total central government spending in FY22 should be unchanged from the government’s revised numbers for FY21, with the pandemic-triggered allocations to save lives and … Read more

Relying on Growth: opinion piece on the union budget

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Aware of its own limitations, the government is carefully supporting industrial and consumer sentiment to take economy back to pre-pandemic pathIn some ways, what the government did not do is as important while assessing its focus on the quality of expenditure.Written by Neelkanth Mishra | February 2, 2021 3:00:06 am This appeared in the Indian … Read more