UNDP went a step further to claim that if corruption in India came down to the levels of the Scandinavian countries, the GDP growth would increase by 1.5% and not only that the FDI would jump by a minimum of 12%. Further the economy of annual bribery in India is estimated to be around Rs.210 billion! Governance in India then has to look incisively into these fundamentals to create changes for future of India. If ever economic reforms are to succeed in India, then structural changes are mandatory in these core sectors.
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Source : IIPM Editorial, 2007
An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative
list of any SUV buyer, and it would surprise you to notice that the rational of a diesel engine, wheel locking and robust engineering do not really feature anywhere. So, wondering why on earth would someone buy a fuel guzzling mammoth when the same utilities can be experienced from lesser expensive alternatives? Suggests auto expert Hitesh Raj Bhagat, “Considering the fact that CRV is a soft-roader, consumers only want that false feeling of power while sitting higher than the others.” Goes on to say that SUV buyers still want a larger-than-life vehicle which exudes class; they are not finicky about the torque propulsion means, because they have no intentions to drive off road. Which is why, when Toyota launched the Prado in India, it preferred a petrol engine instead of a diesel one, and so did Suzuki with the XL7.
six is India’s biggest national bank, the State Bank of India, with a score of 69.5, and revenues totalling $13.7 billion (2005), while at number seven is Narayan Murthy’s Infosys Technologies that has a RepTrak Pulse Score of 69.36 and revenues amounting to $1.6 billion (2005). It’s not over as yet! At number eight, there is Mahindra & Mahindra with a score of 67.71, and revenues of $1.6 billion (2005). At number nine, there is Indian Oil, with a score of 65.51, and revenues of $29.64 billion (2005). The rear is brought up by Grasim that has a RepTrak Pulse Score of 64.13, and revenues of $1.61 billion.