About MRV

MR VenkateshM.R. Venkatesh is a Chartered Accountant who addresses the Business concerns relating to Economic Policies, International trade and Business strategies.

M. R. Venkatesh passed Chartered Accountancy in 1992 with an all India Ranking and has been in active practice since 1993 as partner of GSV Associates, Chartered Accountants, Chennai.

M. R. Venkatesh has authored books titled "Sense, Sensex and Sentiments"  and "Dr. Manmohan Singh - A DECADE OF DECAY" .

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Recent Updates

  • Wednesday, 15 January 2014

    Any prescription to revive the national economy should necessarily involve a detailed diagnosis of what went wrong in the first place. Naturally, the spectacular growth rate of the economy between 2005 and 2011 [barring 2008-09, owing to global economic crisis] requires a relook to understand the present consternation. 
     
    It is in this connection Ruchir Sharma points out in Breakout Nations: “In the peak year of 2007, the economies of all but three of world’s 183 countries grew, and they expanded at better than 5 per cent in 114 countries.”
     
    In short, between 2004 and 2009 coinciding with the first term of UPA, global economy witnessed unprecedented growth coinciding with a remarkable performance of her manufacturing sector which in turn was export driven. 
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  • Saturday, 14 December 2013

    India International Centre (IIC) claims that it is India’s “premier” cultural institution. Delhi is dotted with several institutions that are modelled on IIC. These in turn are controlled by elites of Delhi who in turn manipulate every thought, idea and design about India.

    The 3D vision – Develop, Decentralise and Decontrol, has left our Delhi elites flummoxed. That, substantially if not wholly, explains their antipathy to Modi’s spectacular rise.

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  • Friday, 06 December 2013

    This is the second part of a two-part article. You can read the first part here.

    In a record of sorts, for the first time in the history of LIC, the then sitting Chairman TS Vijayan was not given an extension to complete the one-and-a-half years of his remaining period of service. Worse still, a secret note of the Ministry of Finance indicates the original proposal to ideally demote him to the position of Managing Director on his completion of tenure on May 2, 2011.

    Strangely a person who was considered unfit in 2011 to be a Chairman of LIC and in the view of the Ministry of Finance, considered inappropriate to be appointed even as the Managing Director of LIC was short-listed in late 2012 for the post of IRDA – the insurance regulator which ultimately controls LIC! Gallingly, the Finance Minister in January 2013 goes on to select TS Vijayan in view of his “splendid record.”

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