June 20, 2005Economy

The weekly blogside view of the Indian economy (15)

A selection of recent posts

This is an archived blog post from The Acorn.

India’s private airlines stole the show at Paris, placing orders and making headlines. Jet Airways and and IndiGo have given Boeing and Airbus much to cheer about. But the ultimate engima is whether Kingfisher Airlines has purchased too big a plane?

Amit Varma’s article on India’s incomplete liberalisation in the Asian Wall Street Journal was picked up by Reuben Abraham and Tyler Cowen. But Amit has not gone over to the dark side (via Aruni Mukherjee) — he explains why it is necessary for a free-market believer like him, to talk about its dark side.

While Narasimha Rao’s government launched the path-breaking economic reforms in the early 1990s, governments that followed have largely tried to liberalise by stealth. Disinvestment” in the Indian political context means privatisation”; or does it? (from Niraj, the Curry Man)

The print media was liberalised, well, sort of, but the policy has quite a number of loopholes, writes CSFs Shiv Kumar.

Rajesh Jain points to Stephen Roach’s three forces of globalisation; it is not clear whether the Indian cabbies in New York about Roach, but as Amardeep points out, they have perspectives on globalisation too.

Although India is not on The Economist’s Big Mac Index, Reuben Abraham estimates that the Indian rupee is as under_valued as the Chinese yuan. (ed)_

The Ambani brothers may have reached an agreement; but where is Reliance Infocomm headed, asks Abhishek Puri. The prospects for the industry, however, are bright — not least because, as Andrew Lih finds, Indian subscribers are pretty yakkety’.

Rashmi Bansal calls for the Indian fashion industry should consider launching a monsoon’ collection. Anita Bora enjoys the colour and (the cacophony?) of Indian markets.

Badri complains that instead of investing in innovation and R&D, Indian IT majors are content leaving surplus cash lying idle on their balance sheets.

Mahashunyam, over at Bubble Generation points to a micro-insurance initiative that provides critical surgery coverage for the rural poor. Sumedh Mungee and Rajesh Jain share their views on a World Bank-led consortium of Indian and American companies that intends to provide rural internet connectivity.

Patrix reports that Lenovo, the PC manufacturer from China that acquired IBMs laptop business recently, is planning to make India-centric PCs.

And finally, here on The Acorn, an opinion on government-mandated killing of distance.

Related Links: This week’s India Petroleum Update and the Bharatiya Blog Mela.

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