The weekly blogside view of the Indian economy

A weekly attempt gauge the shape of the Elephant

A selection of this week’s posts

Mumbai city’s ambitious project to redevelop itself is drawing strong views — the concern is whether the urban poor are the worse off for it. Ravikiran Rao’s response to Dilip D’Souza’s contention goes some way in addressing Atanu Dey’s concerns too. Suhit Anantula’s post quoting Tavleen Singh’s op-ed provides a broader context to this debate.

Reuben Abraham quotes an article from the Economist describing how allowing Indian pension funds to invest in the equity market will help balance its dependence on foreign institutional investors. For now though, as Jeff Ooi notes, foreign institutional investors remain very excited about India.

The Teakada reports that Chennai provides the best employment opportunities in India; and its business schools are preparing their students rather well. A Chinese course is on the menu, err syllabus.

Santhoshkumar could speak to 49,999,999 other Indians on their mobiles last month, and will be able to call at least 30 million more by the end of this year. Many of them will be using locally produced handsets too.

Amit Varma discovers that while a sufficient number of conveniently placed spittoons may not create bottlenecks for the Indian industry, inflexible labour markets likely will.

Some of the large hadrons that will collide in Geneva will hail from India, according to Kiran’s post in the Scientific Indian. From yet another part of Europe, courtesy Sepia Muniteer Vinod, come these claims: 23 million portions of chicken tikka masala are eaten every year in Britain (believable), and London has more Indian restaurants than New Delhi and Mumbai (really?).

And lastly, from Chien(ne)s Sans Frontières comes a story of a convergence of a different kind — Indian IT meets Indian politics

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