Birth of a New Life

During Work from Home (WFH) time, approximately a year and a half, I made friends with cats, dogs and peacocks on the campus (see here) where I lived and worked. Back in the office in the University I never thought I would see winged friends at such close quarters again. Or that I would make friends and empathise with them.

Super 30: A story of discrimination and search for excellence

I watched the Hindi film Super 30 again. It is based on a true story of a mathematics teacher who runs an educational program for poor children. The film scrutinizes the ambition of parents and children in India to enter the top engineering schools known as the Indian Institute of Technology and the ethics of coaching centers.

Verghese Kurien: An Ode to Father of the White Revolution, India

An Ode to Dr. Verghese Kurien, The Milkman on India, on his 100th Birth Anniversary. Reposting.

Unni-Verse

Credit: Google, Google acknowledges the Milkman of India on his birth anniversary

Verghese Kurien (1921-2012) is considered the Father of the White Revolution in India. He is also known as the ‘Milkman of India’. He was responsible for moving India from a milk powder importing country to becoming self-sufficient in milk and milk products. He is credited with creating a series of institutions in Anand, a small town in the Western state of Gujarat, the AMUL Brand of milk products and its cooperative milk federation (GCMMF), the National Dairy Development Board to name a few. The Institute of Rural Management, Anand (IRMA) was one of the last institutions he built.

I joined IRMA in 2009 as the Reserve Bank of India (RBI) Chair Professor in Economics and became the Director of IRMA in 2011 for a full term till 2016. I met Dr. Verghese Kurien a couple of times during…

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What Makes Women Entrepreneurs?

In anticipation of the publication of our book ‘Women Entrepreneurs in the Indian Middle Class: Interdisciplicary Perspectives’ @OrientBlackSwan, I reblog a talk on innovation and entrepreneurship. According to Schumpeter, only innovation entrepreneurs are real entrepreneurs as they create a disequilibrium force. We argue in our book that there could be other reasons for entrepreneurship, especially among women. The economist’s definition of an entrepreneur as risk-taking, innovators looking for an opportunity, or that of the psychologist as high achievers may not suit most of these entrepreneurs. A key take away from the book was that “entrepreneurship can result from necessity as well as opportunity and women entrepreneurs pursue goals beyond economic gains”. Women’s decision to become an entrepreneur can be precipitated by both push and pull factors. It is not just ‘profit’ and attaining ‘scale’ that motivates a woman entrepreneur.

Unni-Verse

India currently faces a massive challenge of slowdown in growth and high levels of unemployment among youth, especially among the educated urban population. The formal labour market in India is saturated, unable to absorb the ever-increasing number of the labour force. Therefore, the role of small-medium enterprises in creating employment opportunities is vital for economic prosperity and social stability. Entrepreneurship is a crucial mode for utilizing youth power and generating employment that will in turn contribute to the economy’s growth and development, especially for those who aspire to be owners and employers rather than employees. Understanding the motivation and constraints faced by entrepreneurs is critical for designing and formulating appropriate policy initiatives. Encouragement of the ‘enterprise spirit’ or ‘animal spirit’ among young people is a precondition for success in employment, growth, competitiveness and innovation.

Woman Entrepreneur designing Blown Glass Bowls, London

I base this brief talk[1] on our book…

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Goalympics: Olympic Hockey Bronze and Golden Goaly Sreejesh

India is jumping for joy after winning an Olympic Bronze in the Men's Hockey, Tokyo 2020. Hurrah for the Indian Men's Hockey team that ended the 40 year drought in Olympics since 1980. Last time the Men's Hockey Team won the GOLD in the Moscow Olympics, 1980. A shout out to the Women's Hockey Team that entered the Olympic Semi-finals, a first ever!