Finance Minister Pranab Mukherjee said the government would make it a priority to reach 9% gross domestic product growth in the medium term and would seek to spend 9% of GDP on infrastructure development by 2014. Budget release was heavy on spending for farmers and the poor, a core constituency of the Congress party-led ruling coalition, funded by a surge in borrowing and an increase in the fiscal deficit to 6.8 percent of GDP.
When I was growing up in India, my parents had nothing positive to say about India. Every time I had a conversation about issues of India with my father, his acidic reaction was always funneled through a long list of complaints on corruption, quota system, infrastructure, ruthless politicians, bureaucracy, red tape and on and on.
There [...]
Nandan Nilekani outsourcing guru and co-founder of Infosys is going to co-host along with CNBC-TV18’s Shireen Bhan a weekly series discussing everything from India’s infrastructure to India’s role in Globalization. The Imagining India select panel will include business professionals, venture capitals, economists, writers and sociologists.
Kiran Kuchimanchi, senior vice president, Global Delivery, ValueLabs, says youth in India is extremely mobile savvy and will be the early adopters of the 3G services. Read the interview with him here. ValueLabs, a company that has been in the mobile space for the last eight years, is actively involved in the telecom sector building [...]
The Young Indian (Yi) is integral part of CII (Confederation of Indian Industries) which comprises of a group of young Indian achievers and professionals below age 40. Yi is leading a 15 member delegation to United Kingdom according to the article ‘CII’s Young Indians’ take delegation to the United Kingdom’. Yi through this venture is [...]