Mathur Ritika Passi
zVAWsQ
zVAWsQ
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
per49_1392022126437.pdf.<br />
2. “Swachh Bharat Abhiyaan: PM Modi govt builds 7.1 lakh toilets in January,” Firstpost, February 17, 2015, http://www.<br />
firstpost.com/politics/swachh-bharat-abhiyaan-pm-modi-govt-builds-7-1-lakh-toilets-january-2104339.html.<br />
3. A number of communities do not use toilets to due religious beliefs.<br />
4. “Opportunities in road transportation,” Issue 18, KPMG Sector Insights, June 2012, http://www.kpmg.com/in/en/issuesandinsights/articlespublications/investing-in-india/pages/tl-june12.aspx<br />
5. Ragini Verma, “Budget 2015: Infrastructure investment to be raised by Rs70,000 crore,” Livemint, March 1, 2015,<br />
http://www.livemint.com/Politics/OoS4FlZ0qRxxqLrTlAuS8J/Budget-2015-Infrastructure-investment-to-be-raised-by-<br />
Rs70.html.<br />
6. “Digital India: Unleashing Prosperity,” Deloitte, 2015, http://www2.deloitte.com/content/dam/Deloitte/in/Documents/<br />
technology-media-telecommunications/in-tmt-tele-tech-2015-noexp.pdf.<br />
7. “India’s technology opportunity: Transforming work, empowering people,” McKinsey Global Institute, December 2014,<br />
http://www.mckinsey.com/insights/high_tech_telecoms_internet/indias_tech_opportunity_transforming_work_empowering_people.<br />
8. See note 6.<br />
9. “Smart City Features,” Government of India, http://smartcities.gov.in/writereaddata/Smart%20City%20Features.pdf.<br />
10. “Annual Report 2014-15,” Ministry of Micro, Small and Medium Enterprises, Government of India, 2014-2015,<br />
http://msme.gov.in/WriteReadData/DocumentFile/MSME%20ANNUAL%20REPORT%202014-15_English.pdf.<br />
11. Malini Goyal, “SMEs employ close to 40% of India's workforce, but contribute only 17% to GDP,” June 9, 2013,<br />
http://articles.economictimes.indiatimes.com/2013-06-09/news/39834857_1_smes-workforce-small-and-medium-enterprises.<br />
12. See note 10.<br />
13. “Micro, Small and Medium Enterprise Finance in India,” International Finance Corporation, November 2012, http://<br />
intellegrow.com/images/download/publication/Publication%20-%20IFC%20MSME%20Report.pdf.<br />
14. Of the $650 billion, $520 billion (INR 26 trillion) was debt demand and $130 billion (INR 6.5 trillion) equity<br />
demand. The study goes on to estimate that only $198 billion (38%) of the debt demand and $13.4 billion of the equity<br />
demand is viable and addressable. Of the $650 billion formal sources contribute only 22% of the total MSME debt<br />
financing. See note 13.<br />
15. Ibid.<br />
16. “Prime Minister to Launch Mudra Bank Tomorrow; 5.77 Crore Small Business Units to be Provided Access to Institutional<br />
Finance,” Press Information Bureau, Government of India, April 7, 2015, http://pib.nic.in/newsite/PrintRelease.<br />
aspx?relid=118005.<br />
17. “Narendra Modi launches Mudra Bank for small firms with Rs 20,000 crore corpus,” Economic Times, April 9, 2015,<br />
http://articles.economictimes.indiatimes.com/2015-04-09/news/60979566_1_prime-minister-narendra-modi-entrepreneurscrore.<br />
18. “Challenging task before MUDRA,” Deccan Herald, April 24, 2015, http://www.deccanherald.com/content/473660/<br />
challenging-task-mudra.html.<br />
19. “Need for Greater Co-operation in SMEs Sector: 6th BRICS Summit,” iYogi: Business Nonstop Desk, July 22, 2014,<br />
http://www.businessnonstop.in/sme-buzz/need-for-greater-co-operation-in-smes-sector-6th-brics-summit.html.<br />
20. Leesa Shrader, “Microfinance, E-Commerce, Big Data and China: The Alibaba Story,” CGAP, October 11, 2013, http://<br />
www.cgap.org/blog/microfinance-e-commerce-big-data-and-china-alibaba-story<br />
21. TERI, “Enhancing Energy Efficiency ‘Crucial’ for Indian SMES Sector: Experts,” BusinessWire, July 30, 2012, http://<br />
businesswireindia.com/news/news-details/enhancing-energy-efficiency-crucial-indias-msme-sector-experts/32133.<br />
22. Himanshu Shekhar and Upinder Singh Dhingra, “Enabling Finance for Scaling up Energy Efficiency in MSMEs,” TERI<br />
and Yes Bank, http://bcsd.teri.res.in/pdf/reports/Energy_Efficiency_Final.pdf.<br />
23. Roger Hayter, “Industrialization,” Oxford Bibliographies, February 26, 2013, http://www.oxfordbibliographies.com/<br />
view/document/obo-9780199874002/obo-9780199874002-0027.xml.<br />
24. A similar arguments has been made by Allen, who highlighted that the rise of Western economies was based on technological<br />
change, national policies and geography. Robert C. Allen, Global Economic History: A Very Short Introduction<br />
(Oxford: Oxford University Press, 2011).<br />
25. Devanik Saha, “India lags emerging world in research, imperils innovation,” Business Standard, April 30, 2015, http://<br />
www.business-standard.com/article/specials/india-lags-emerging-world-in-research-imperils-innovation-115043000474_1.<br />
html.<br />
26. “Indians Spend Rs. 45,000 Crore Per Year on Foreign Education: Study,” NDTV, March 10, 2015, http://profit.ndtv.<br />
com/budget/indians-spend-rs-45-000-crore-per-year-on-foreign-education-study-745514.<br />
27. “National Policy for Skill Development and Entrepreneurship, 2015,” Ministry of Skill Development and Entrepreneurship,<br />
Government of India, http://www.skilldevelopment.gov.in/assets/images/Skill%20India/policy%20booklet-%20<br />
Final.pdf.<br />
28. See note 6.<br />
29. Soumitra Dutta, Bruno Lanvin and Sacha Wunsch-Vincent, “The Global Innovation Index 2014: The Human Factor in<br />
Innovation,” Cornell University, INSEAD and WIPO, 2014, https://www.globalinnovationindex.org/userfiles/file/reportpdf/<br />
GII-2014-v5.pdf.<br />
91
Change language