Articles

Articles

Startups vs Small Business – Why understanding the difference is crucial

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Startups have become the buzzword over the past few years in India as policy makers realized that there was no way the economy, as it exists now, can generate enough jobs. It is estimated that while around 12 lakh young people were entering the job market every year, pre-Covid, our formal economy was generating only…

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Life After MBA – A look at non traditional career choices

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For those interested in pursuing a career in management, as well as those already studying at B Schools, this is generally an extremely stressful period. For prospective students, it’s the various entrance exams followed by rounds of personal interviews, essays and group discussions till the coveted admission letter is received. For students, this is the…

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BMC – Balancing Progress with Business Friendliness

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In the endeavor to make Bhubaneswar a truly Smart City, BMC needs to keep the needs of small businesses in mind The visit by BMC Commissioner Sri Prem Kumar Choudhury with his officials to the Unit-I and Unit-II markets and the decision to improve the conditions there, is a step in the right direction. At…

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Government in firefighting mode

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The central and state governments are caught in an unenviable position where they need to combat the effects of slowdown on incomes and jobs and simultaneously increase revenue collection to keep the economy running. The current slowdown in the Indian as well as global economies can be linked to a multitude of factors that are…

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Ivory tower economists and the reality of Indian small businesses

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Every year, we are privileged to first speculate, then listen to and finally analyse the annual budget. Before the budget, we also get the Economic Survey, that is supposedly the base upon which the budget is prepared. For a very long time, the populace used to wait for the budget with bated breath, hoping for…

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