The Health of India’s Economy Seen Through the Household Lens
December 03, 2016
The Claridges, New Delhi
PRICE as being at the confluence of the worlds of business and public policy; and of macroeconomics and business strategy. We flagged off our research insights based on our ICE 360o pan India household surveys, 2014 and 2016. The event was encouraged by having a panel discussion with Bibek Debroy, Member, NITI Aayog and Arindam Bhattacharya, Senior Partner, Boston Consulting Group (BCG) on “The Health of India’s Economy Seen Through the Household Lens”. The idea is to explore what the health and state of one of the key pillars of our economy is – domestic demand. How sound are its fundamentals, how sustainable is the growth that we see, what should we ‘watch out’ for, to explore the common and uncommon ground between the compulsions of policy makers and the desires of India Inc.
Bibek Debroy is an Indian economist, serving as the chairman of the Economic Advisory Council to the Prime Minister of India. Debroy has made significant contributions to game theory, economic theory, income and social inequalities, poverty, law reforms, railway reforms and Indology among others. From its inception in January 2015, till June 2019, Mr. Debroy was a member of the NITI Aayog, the think tank of the Indian Government. He was awarded the Padma Shri (the fourth-highest civilian honour in India) in 2015. In 2016, he was awarded the Lifetime Achievement Award by US-India Business Summit.
Arindam Bhattacharya B is an Independent Director of several public companies, advisory board member of not-for-profits and academic institutes, angel investor in and mentor to start-ups, and Senior Advisor and Emeritus Partner of Boston Consulting Group. Currently he is serving as an Independent Director on boards of Bajaj Finance, Bajaj Holdings and Investments Ltd, Bajaj Housing Finance Ltd, InfoEdge Ltd., and Lemon Tree Hotels. He chairs the advisory board of Indian School of Development Management, and am a member of the advisory boards of WISH Foundation (India’s biggest Public Health non-profit), Oxford India Center of Sustainable Development, Oxford University, School of Global Policy and Strategy, University of California, San Diego, and Munjal School for Global Manufacturing at the Indian School of Business. He has also been a past member of National Council of Confederation of Indian Industry and co-chaired CII’s National Manufacturing Council.