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Dutta, Subrata
- Entrepreneurship & Global Competitiveness: A Study on India
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1 Sardar Patel Institute of Economic and Social Research, Thaltej Road, Ahmedabad-380054, IN
1 Sardar Patel Institute of Economic and Social Research, Thaltej Road, Ahmedabad-380054, IN
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Indian Journal of Industrial Relations: Economics & Social Dev., Vol 47, No 4 (2012), Pagination: 617-633Abstract
World Economic Forum (WEF) has ranked 139 countries in 2010-11 in order to assess each country's global competitiveness. The assessment has been made on the basis of 12 pillars, further classified under: 'basic requirements' (four pillars), 'efficiency enhancer' (six pillars) and 'innovation and sophistication factors' (two pillars).India is significantly lagging behind in 'basic requirements' as far as its global competitiveness is concerned. In only 'national savings rate' within the 3rd pillar (macroeconomic environment) under 'basic requirements', India is found to be highly competitive (rank 9). In the 10th pillar, (market size) India ranked as high as 4. In order to promote entrepreneurship as well as industrialisation, India needs to pay close attention to other areas, e.g., infrastructure, government debt, inflation, health and primary education, and higher education.References
- ahlman, C. (2008), “Technology, Globalisation, and International Competitiveness: Challenges for Developing Countries”, in O’Connor & M. Kjöllerström (eds.), Industrial Development for the 21st Century, Hyderabad: Orient Longman, Zed Books and United Nations.
- Government of India (2002), Report of the Second National Commission on Labour, New Delhi: Government of India.
- Government of India (2003), Manual on Foreign Direct Investment in India: Policy and Procedures, New Delhi: Department of Industrial Policy and Promotion, Ministry of Commerce and Industry.
- Government of India (2010), SIA [Secretariat for Industrial Assistance] Statistics Annual Issue 2009-10, New Delhi: Department of Industrial Policy and Promotion, Ministry of Commerce and Industry.
- Lall, S. (2001), Competitiveness, Technology and Skills, Cheltenham: Edward Elgar.
- Mazumdar, S. (2008), “Investment and Growth in India under Liberalisation: Asymmetries and Instabilities”, Economic and Political Weekly, 6 December:68-77.
- Rural Entrepreneurship through Restructuring State Finances : A Note for Policy
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1 Sardar Patel Institute of Economic & Social Research, Thaltej Road, Ahmedabad 380 054, IN
1 Sardar Patel Institute of Economic & Social Research, Thaltej Road, Ahmedabad 380 054, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 51, No 2 (2015), Pagination: 204-211Abstract
If India's rural economy is considered to be demand deficient (due to low per capita income) then there is the need to raise the level of income of rural people through encouraging rural economic activities (both agricultural and non-agricultural); rural entrepreneurship needs to be encouraged. Better rural infrastructure removes supply-side bottlenecks and helps enterprises to grow. For rural infrastructure not only the level of capital outlay has to be increased, but a clear-cut policy also needs to be adopted. If a significant proportion of the capital outlay is diverted towards infrastructure in 'core' urban areas, mitigation of income disparity between rural and urban areas will continue to remain a far-cry.- Rural-Urban Linkages, Labor Migration & Rural Industrialization in West Bengal
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Authors
Affiliations
1 Sardar Patel Institute of Economic and Social Research, Thaltej Road, Ahmedabad 380054, IN
2 Economic Research Unit, Indian Statistical Institute, Kolkata 700108, IN
1 Sardar Patel Institute of Economic and Social Research, Thaltej Road, Ahmedabad 380054, IN
2 Economic Research Unit, Indian Statistical Institute, Kolkata 700108, IN