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Ashok Kotwal
On demonetisation
Posted on: 23 Dec 2016
On the evening of 8 November, the Prime Minister announced on national television that Rs. ... read on »
A symposium on Piketty: Introduction
Posted on: 15 Jun 2015
Thomas Piketty’s book on ´Capital in the Twenty First Century’ has made waves. The f ... read on »
Emerging challenges: Economic and social
Posted on: 06 Aug 2014
To mark the second anniversary of I4I in July 2014, we invited two eminent scholars – Abhi ... read on »

Tag: SME

Where will jobs in manufacturing come from?
Radhicka Kapoor
Posted on: 23 Jan 2015
Topics:   Jobs


Conventional wisdom suggests that labour-intensive, small industries are critical for generating employment. However, this column argues that policies favouring one type of industry over another - labour-intensive over capital-intensive, or SMEs over large enterprises - will not create the jobs the country needs. Rather, the key is to encourage new firms to enter manufacturing and to provide an enabling environment for businesses to expand.
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Can SMEs drive India’s growth?
Pronab Sen
Posted on: 12 Feb 2014
Topics:   Economic Growth


Investment, particularly by the corporate sector in India, drove high growth rates during 2003-2009. Given the expected slow and weak recovery of the global economy, Indian corporates are unlikely to be able to lead the process of growth revival. This column argues that under the right circumstances and with proper policies, the dynamism of the Small and Medium Enterprises sector can ensure growth rates of 7% and above.
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