The Indian Economy Blog

Archive for the 'Retail' Category

The Evil That Manmohan Did Will Live After Him

Wednesday, April 30th, 2008

He advocates a false morality to disguise his government’s failures
Dr Manmohan Singh the prime minister has routinely relied on platitudes (instead of on incentives) to motivate the UPA government’s policies. But he is getting even the platitudes wrong. In a country where the average annual per capita income hovers around an unacceptably low US$1000, he […]

India’s Retail Revolution: Question 2

Sunday, December 30th, 2007

How much lower are prices because of the new retailers?
Are clothes and shoes at the malls and new retail stores in India much more expensive than in the United States? It seems that way, to me at least. For instance, during my last visit to Chennai, I bought a pair of Reebok sneakers […]

India’s Retail Revolution: Question 1

Tuesday, December 25th, 2007

How many jobs have the new retailers actually created?
The Wall Street Journal, in an article last month, writes that jobs in India’s booming retail industry are a ticket out of the slums for many. The article, titled Humble Jobs at the Mall Are Lifting Legions of Indians Out of Poverty and told from […]

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