Niveshak December 2012 Issue with Page Flip version

Friday, December 28, 2012 , Posted by Team Niveshak at Friday, December 28, 2012

Dear Niveshaks,

The latest fad to make inroads in the Indian economy from the global arena is FDI in multi brand retail. It was passed by both houses in the just concluded winter session of the parliament. But come January 1st and we witness the rollout of undoubtedly the biggest scheme in the history of independent India.
Our cover story focuses on the same and we evaluate the suitability of cash transfer schemes for India of today. We also portray the India where cash transfers can be extremely successful. Is India ready to embrace this latest offering from the West? Turn on the pages to find out.
The success (failure?) of the cash transfers will be something to watch out for and we sure will keep a tab on that; but are the 2014 FIFA World Cup and the 2016 Olympics not something to watch out for as well? Agreed that it’s a little too early to foresee these events but isn’t Niveshak all about keeping you ahead of the times! This issue’s Article of the Month analyses the effects of these events on the Brazilian economy. While this article takes you years ahead, our Finistory article takes you about a century back to the era of World War I and analyzes the transformation of the US economy in that period.
This month, our Finance Minister, Mr. P. Chidambaram, advised RBI to proceed ahead with issuing of new banking licenses without waiting for amendment of the Banking Regulation Act of 1949. Is this the beginning of a new chapter in the ever-dynamic relationship of the Government of India with its central bank? Explore the same in the FinGyaan section of this issue.
We continue to receive your support in the form of articles and FinQ entries and our sincere thanks goes out to all our esteemed readers for the same. We would also like to thank all the participants for an overwhelming response to our intercollege first-of-its-kind event ‘FinDrishti’. Please continue to motivate us so that we can come out with more insightful reads in the issues to come. And as always,

Stay invested,
Team Niveshak.
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