M.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.
Tuesday, 20 January 2015
Will Budget 2015 provide incentives, plans and programs for individual states to become self-sufficient in food production?
Tuesday, 13 January 2015
It is easy for the FM to say [as did the UPA] that the share of manufacturing in national GDP in 2025 would be in excess of 25 per cent. But as UPA realised it is easier said than done for what is required is a comprehensive plan with great attention to details and implementation.
The Billion Dollar question – Will Budget 2015 provide us the comprehensive plan to ensure Make in India initiative is a success?
Tuesday, 06 January 2015
Will Budget 2015 slay the monster of inflation? Will it significantly lower fiscal deficit? Crucially, will it make India an efficient economy and hence an attractive investment destination?
Tuesday, 30 December 2014
Does the Government have managers to micro-manage the economy? For starters, it must de-stall the projects stalled. To do so it must micro-manage. But has it got managerial bandwidth for this exercise?
Friday, 26 December 2014
A retired bureaucrat and a good friend of mine had a wonderful annecdote to narrate. Having been served a notice from the Deputy Commissioner Income Tax, my friend – at that time a Secretary to an unimportant department of the Government of India – sent his personal secretary with all details [most of which were innocous] on the appointed date to meet the Income Tax authority. The personal secretary was surprised to see that his boss was not the only person who had received notice from the said Deputy Commisoner as quite a few personal secretaties representing their respective bosses were also present there. Made to wait for a few hours, the personal secretary complained to his boss who even as a Secretary, Government of India, could not do much at that point in time.