speaking volumes contents 7,71,388 2013 contents23478.pdfinflow norms for defence and single-brand...

3 AUGUST-SEPTEMBER 2013 ~ Economy&Industry 2 Economy&Industry ~ AUGUST-SEPTEMBER 2013 00 cover story Disaster management framework in India The Indian government has come a long way from being a relief provider to a manager of disasters, but action at the ground level needs strengthening q&a/ shashidhar reddy, vice- chairman, ndma “NDMA alone can’t cure everything” 0 policy watch Government allows 100% FDI in telecom Inflow norms for defence and single-brand retail also eased India set to meet Plan target for power capacity 12th Plan’s capacity target of 88,537 Mw can be met with only minor slippages Easier rating norms in the offing for MSMEs 90% of banks prefer a different credit rating scale for MSMEs: Study 0 insider’s view When disaster strikes The Indian industry must undertake steps to assist in disaster preparedness and management efforts By Chandrajit Banerjee, Director General, CII 00 second lead Food for thought As the government readies to distribute cheap grain under the National Food Security Ordinance, doubts remain over its financial viability By Sanjeeb Mukherjee 00 economic indicators A four-page data package 00 India@75: a vision Where have we reached: where are we headed The India@75 initiative is working with the Planning Commission for developing the India Backbone Implementation Network By Adi Godrej, Immediate Past President, CII and Chairman, India@75 Foundation 00 sme focus A firmer toehold in Europe? India’s membership of a European network will help the country’s SMEs lengthen their footprint in that continent By BS Reporter 00 mutual funds The untapped potential of the mutual fund sector Mutual funds have a lot to offer to customers. Here's a look at why they are so underrated By Nikhil Johri, Managing Director and CEO, BNP Paribas Asset Management, India 00 corporate social responsibility A sparkling idea for inclusion Mumbai-based Gitanjali Group has found the key to sustainable CSR in Saksham By Rohit Nautiyal 00 special report “Entrepreneurs can be made” Leading entrepreneurs, startups, investors and industry bodies recently came together at a national convention in Delhi on entrepreneurship called ‘Entrepreneur India 2013’ By Rajarshi Bhattacharjee 00 q&a / charles chesbrough, principal senior economist, ihs “It’s a tough year, but this is temporary” Every few years, a country takes a breather and catches its breath before it gets going again, says Chesbrough in conversation with Devina Joshi 00 international “My anmar the ne w de s tination f or India Leading entrepreneurs, startups, investor 00 business quiz/ cartoon 00 anecdotal evidence When things hit the roof A market economy is not responding to the strong price signals and the supply of protein-rich foods still lags despite price rise over a long period of time By Sharmila Kantha 00 book review Future tense… but manageable A review of the book Own the Future: 50 Ways to Win from The Boston Consulting Group authored by Michael Deimler, Richard Lesser, David Rhodes and Janmejaya Sinha 00 verbatim Quotable quotes from the pages of Business Standard contents SPEAKING VOLUMES I expect people to challenge me. I have promised myself that in the next four-five years India will be the largest of Air Asia subsidiaries MITTU CHANDILYA CEO, AIR ASIA INDIA public sector bank branches exist in India Private bank branches stand at a total of 2,14,304, but the profit per employee made by these is more than that in public sector banks 7,71,388 million is the number of ATMs in the country at present India is slated to become the biggest ATM market by 2016, with a projected 2,05,000 ATMs 1,18,585 is the overall online user base in India And the total digital pay revenues amount to `25,000 crore 227

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3A U G U S T - S E P T E M B E R 2 0 1 3 ~ Economy&Industry2 Economy&Industry ~ A U G U S T - S E P T E M B E R 2 0 1 3

0000cover story

Disastermanagementframework inIndiaThe Indian government hascome a long way from being arelief provider to a manager ofdisasters, but action at theground level needsstrengthening

q&a/ shashidhar reddy, vice-chairman, ndma

“NDMA alone can’t cureeverything”

00policy watch

Government allows 100%FDI in telecomInflow norms for defence andsingle-brand retail also eased

India set to meet Plantarget for powercapacity12th Plan’s capacity target of88,537 Mw can be met with onlyminor slippages

Easier rating norms inthe offing for MSMEs90% of banks prefer a differentcredit rating scale for MSMEs:Study

00insider’s view

When disaster strikes The Indian industry mustundertake steps to assist indisaster preparedness andmanagement effortsBy Chandrajit Banerjee,Director General, CII

0000second lead

Food for thoughtAs the government readies todistribute cheap grain under theNational Food SecurityOrdinance, doubts remain overits financial viabilityBy Sanjeeb Mukherjee

0000economic indicators

A four-page data package

0000India@75: a vision

Where have we reached:where are we headedThe India@75 initiative isworking with the PlanningCommission for developing theIndia Backbone ImplementationNetworkBy Adi Godrej, ImmediatePast President, CII andChairman, India@75Foundation

0000sme focus

A firmer toehold inEurope?India’s membership of aEuropean network will help thecountry’s SMEs lengthen theirfootprint in that continentBy BS Reporter

0000mutual funds

The untapped potentialof the mutual fundsectorMutual funds have a lot tooffer to customers. Here's alook at why they are sounderratedBy Nikhil Johri,Managing Director and CEO,BNP Paribas AssetManagement, India

0000corporate socialresponsibility

A sparkling idea forinclusionMumbai-based Gitanjali Grouphas found the key to sustainableCSR in SakshamBy Rohit Nautiyal

0000special report

“Entrepreneurs can bemade”Leading entrepreneurs, startups,investors and industry bodiesrecently came together at anational convention in Delhi onentrepreneurship called‘Entrepreneur India 2013’By Rajarshi Bhattacharjee

0000q&a / charleschesbrough, principalsenior economist, ihs

“It’s a tough year, butthis is temporary”Every few years, a country takesa breather and catches itsbreath before it gets goingagain, says Chesbrough inconversation with Devina Joshi

0000international

“Myanmar the newdestination for India Leading entrepreneurs, startups,investor

0000business quiz/ cartoon

0000anecdotal evidence

When things hit the roofA market economy is notresponding to the strongprice signals and the supply

of protein-rich foods still lagsdespite price rise over a longperiod of timeBy Sharmila Kantha

0000book review

Future tense… butmanageableA review of the book Own theFuture: 50 Ways to Win fromThe Boston Consulting Groupauthored by Michael Deimler,Richard Lesser, David Rhodesand Janmejaya Sinha

0000verbatim

Quotable quotes from the pagesof Business Standard

con

ten

SPEAKINGVOLUMES

I expect people tochallenge me. I havepromised myself that inthe next four-five yearsIndia will be the largest ofAir Asia subsidiaries

MITTU CHANDILYACEO, AIR ASIA INDIA

public sector bankbranches exist in IndiaPrivate bank branches stand at a total

of 2,14,304, but theprofit peremployee made bythese is more thanthat in publicsector banks

7,71,388

million

is the number of ATMs inthe country at presentIndia is slated to become the biggestATM market by 2016, with a projected2,05,000 ATMs