

The Neon Show
Siddhartha Ahluwalia
Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journey from our startups but lacked the experience of building 1-10 journeys. Hence was born the Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes. We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings.
Episodes
Mentioned books

Nov 8, 2024 • 1h 50min
The Story Behind India’s High Growth Years with Montek Singh Ahluwalia former Deputy Chairman Planning Commission
Ever heard of the M Document?Montek Singh Ahluwalia, an economist in govt of India, saw that India needed to make some big changes to keep up. So, he started working on what would become the M Document. The M Document suggested bold reforms. Many government officials thought these ideas were too radical. Then, something unexpected happened: the M Document got into the hands of journalist Ashok Desai, who saw its potential, and gave it the now-famous name, the M Document.Even though the document was just meant for internal review, the leak sparked public debate on how India’s economy could be modernized.Though it didn’t lead to immediate changes, the M Document planted seeds that grew in a few years.In this episode of the NEON Show, Montek Singh Ahluwalia, a renowned economist and former Deputy Chairman of India's Planning Commission, shares insights from his pivotal role in shaping the 1991 economic reforms and reveals the behind-the-scenes story of the influential "M document" and how it ultimately shaped India’s approach to liberalisation.Check out Montek Singh Ahluwalia’s book, BACKSTAGE: The Story behind India’s High Growth Years, https://www.amazon.in/BACKSTAGE-Story-behind-Indias-Growth-ebook/dp/B084P4Y3VW/Time stamps 00:00 - Introduction to Mr. Montek Singh Ahluwalia01:04 - Early life and family’s experience post-partition05:11 - Winning the Rhodes Scholarship06:14 - Early career at the World Bank07:15 - Returning to India as an economic advisor09:02 - Washington invitation and Planning Commission role13:02- 1991 economic reforms18:40 - Committees for economic reform22:00 - High import controls as an economic issue26:34 - Challenges in policy reform28:38 - V.P. Singh asks Montek to write the document”?31:36 - How did the “M document" leak38:40 - Maruthi engine block story48:35 - SEBI and financial system reforms58:25 - Moving past the “Tonga mindset.”1:01:20- Why controlled imports are tax on exports1:09:00 - How do exchange rates impact imports and exports?1:12:04 - Discovery of Roman gold coins in South India1:16:50 - Narayana Murthy’s import struggles1:22:25 - Politicians should openly support beneficial policies1:32:55 - Montek’s vision for India’s next decade1:39:58 - Final thoughts on India’s future-------------Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys. Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes.We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShowwConnect with Siddhartha on:LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/Twitter: https://x.com/siddharthaa7-------------This video is for informational purposes only. The views expressed are those of the individuals quoted and do not constitute professional advice.Send us a text

Nov 1, 2024 • 1h 9min
SANJEEV SANYAL On India's East-West Divide, Best States & How India Works
After India’s big economic shift in 1991, each state grew at different rates—but they didn’t all get there at the same speed.Western and southern states saw major benefits, while many in the east and north struggled to keep up. In fact, by 2021-22, the per capita income in the top five states was 3.3 times higher than in the bottom five—a clear sign of the widening divide.So, what does this uneven growth look like?In the 1960s, Uttar Pradesh, Maharashtra, and West Bengal were leading India's economy with contributions of 14.4%, 12.5%, and 10.5% of GDP, respectively. Today, Uttar Pradesh's share has fallen to 8.4%, and West Bengal's to 5.6%, but Maharashtra remains a top contributor.Gujarat's share grew from 6.4% in 2000-01 to 8.1% in 2022-23, driven by strong industry and urban centres. Southern states like Karnataka, Telangana, Tamil Nadu, and Kerala now make up about 30% of India's GDP, boosted by cities like Bengaluru and Hyderabad.In this NEON Show episode, economist and policy advisor Sanjeev Sanyal discusses India’s economic journey and why growth has been so uneven across states. He explains why some regions have surged ahead while others have lagged behind, touching on the role of anchor cities and old policies like the Freight Equalization Policy that held back Eastern states.Time stamps00:00 - Trailer02:40 - Banking Reforms and Creative Destruction03:20 - Process vs. Structural Reforms05:33 - Bureaucratic Challenges Affect Efficiency14:09 - Autonomous Bodies and Obsolete Institutions16:02 - Is it time to rethink outdated National Monuments?26:06 - What Does Data Reveal About Indian States35:03 - Did “Freight equalization” Rob Kolkata of its Competitive edge?36:25 - East vs. West: Is this India’s true economic divide?37:32 - Southern and Western India's Success42:42 - High Growth States Rely on Anchor Cities44:01 - Reviving Kolkata and Eastern India45:12 - Local policies that can make or break state economies.49:11 - Tourism Has Made Sikkim and Goa Economic Stars.53:35 - India Needs to Modernize the Shipping Sector01:00:36 - India Needs a Healthy Clash of Ideas------------Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys. Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes.We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShowwConnect with Siddhartha on:LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/Twitter: https://x.com/siddharthaa7-------------Sponsor shout outLooking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies. To know more, visit https://primevp.in/-------------This video is for informationalSend us a text

Oct 27, 2024 • 1h 17min
GEOPOLITICS SPECIAL: Former MEA Secretary On India-US Relations, Pakistan's Decline & Bangladesh
The breakup of the Soviet Union in 1991 was a game-changer for India, shaking up its economy, defence strategy, and foreign relations. For years, the USSR had been India’s largest trading partner, pumping in vital support through the rupee-ruble trade agreement. But then, December 25, 1991, arrived, and the Soviet Union collapsed. While the Soviet Union’s collapse seemed like a disaster at first, it actually pushed India to evolve—fast. In this episode of The NEON Show, a former diplomat with a 36-year career in the Indian Foreign Service, Rajiv Sikri examines India’s complex ties with neighbouring countries exploring issues like Kashmir, economic interdependence, and political dynamics. He also sheds light on the impact of global powers, especially the US and China, on India’s strategic choices.Check out Rajiv Sikri’s book Strategic Conundrums: Reshaping India's Foreign Policy: https://www.amazon.in/Strategic-Conundrums-Reshaping-Indias-Foreign/dp/0143464574-------------Timestamps00:00 -Host Siddharth Ahluwalia introduces The Neon Show.00:43 - Pakistan, Bangladesh, Afghanistan.01:04 - Pakistan’s economic/political issues.05:06 -Pakistan's ties with the West, China, and the military's role.08:40 -Kashmir conflict and India-Pakistan relations.12:06 - Pakistan's internal political dynamics.15:24 - Bangladesh's identity and India relations.18:00 - India-Bangladesh economic interdependence.26:06 - India’s strategic geographic position.29:52 - India’s foreign policy after the Berlin Wall’s fall.33:40 - Economic impacts and India-US relations.37:52 - US-Russia relations and the Ukraine conflict.42:12 - Russia-Ukraine war’s effect on India.48:16 - US dominance and unilateral actions post-1989.52:04 - Challenges to US hegemony.56:00 - India-US relations amidst strategic concerns.1:01:20 - BRICS and global multipolarity.1:04:40 - Dollar dependency and US financial power.1:08:20 - Concluding thoughts on India’s foreign policy.-------------Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys. Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes.We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShowwConnect with Siddhartha on:LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/Twitter: https://x.com/siddharthaa7-------------Sponsor shout outLooking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies. To know more, visit https://primevp.in/-------------This video is for informational purposes only. The views expressed are those of the individuals quoted and do not constitute professional advice.Send us a text

Oct 23, 2024 • 46min
How Investing Legend Mark Mobius Built a Fortune in Emerging Markets
From Baker's Son to Global Investment Legend.Mark Mobius is known as a foundational figure in emerging markets investing. He is the chairman of Mobius Emerging Opportunities Fund. Before that, he led the Templeton Emerging Markets Group for over 30 years, during which the group's assets under management grew from $100 million to over $50 billion.In this episode of The NEON Show, Mark shares his rules for wealth creation, why India is his top investment pick, his reasons for pulling investments out of China, what keeps him at the top of his game at the young age of 87, two ways to lose money fast, and why understanding art and creativity is more important than finance when it comes to making money.Connect with Mark MobiusLinkedIn | TwitterTo learn more from Mark check out his The Book Of Wealth-------------Timestamps00:00 - Trailer00:00 - Early Lessons in Money & Creativity04:13 - Becoming a Professional Student05:43 - The Road to Mark’s First Million08:04 - The First Emerging Markets Fund11:03 - To Make Money Don’t Focus on It12:38 - Making 10 Million Dollars14:20 - Mark’s Early Investment Assets15:56 - Power of Compounding: Reaching $100 Million16:51 - Mark’s Success with Investing in Asia19:22 - Why Mark is Not Bullish on China22:44 - How Mark Invests in India25:01 - Why Mark is Bullish on Taiwan25:56 - Mark’s 3 Reasons to Invest in India28:19 - When will India Surpass China?30:51 - From Emerging Markets to Emerging Opportunities32:37 - It’s All About Liquidity34:27 - Mark’s Principles of Wealth Creation35:49 - How Mark Invests in Startups37:33 - How Not to Lose Money38:43 - Make Friends & Learn From Them39:38 - What Mark Learned From John Templeton40:54 - Why Invest in Emerging Markets42:10 - Who are the Best Political Leaders42:50 - Why Mark Shifted to Dubai44:02 - No Recession Anytime Soon-------------Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys. Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes.We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings.-------------Check us out on:Website | Instagram | LinkedIn | TwitterConnect with Siddhartha on:LinkedIn | Twitter-------------Sponsor shout outLooking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies. To know more, visit https://primevp.in/-------------This Send us a text

Oct 19, 2024 • 1h 31min
India Can be a $55 Trillion Economy by 2047 with Krishnamurthy Subramanian Executive Director IMF
In a thought-provoking discussion, Krishnamurthy Subramanian, the Executive Director at the IMF and former Chief Economic Advisor to India, unveils his vision for India to become a $55 trillion economy by 2047. He highlights the transformative power of compounding and critiques past socialist policies that hindered growth. The conversation delves into inflation's impact on purchasing power and advocates for reforms to empower farmers. Additionally, Subramanian emphasizes the need for market-driven strategies to harness India's entrepreneurial spirit.

Oct 12, 2024 • 50min
How 24 July 1991 Changed India | Senior Journalist On Corruption, GST, Demonetisation, Rajiv Gandhi
Rajrishi Singhal, a senior journalist and banker, discusses India's economic evolution since the 1991 crisis, detailing how urgent reforms reshaped the landscape. He critiques the continued impact of corruption on businesses and consumers, emphasizing the need for transparency. Singhal reveals the paradox of demonetization's failure to tackle corruption and analyzes Rajiv Gandhi's legacy as an ‘Accidental Prime Minister’. He also covers the challenges of implementing reforms under coalition governments and the complexities faced by India’s banking sector.

Sep 29, 2024 • 58min
BigBasket Co-founder On 10 Min Delivery, Zepto, TATA Acquisition, Wealth Creation & More
In the competitive world of online grocery shopping, BigBasket is a name that stands out.But how did they get here?By 2011, smartphones were everywhere, and you could buy almost anything online—except groceries. The co-founders decided to try the grocery game online again, leading to the birth of BigBasket.In 2015, BigBasket pioneered the dark store model, using small, strategically placed warehouses to speed up deliveries and roll out express delivery services. In May 2021, Tata Digital, a subsidiary of Tata Sons, acquired a 64% stake in stake in BigBasket for about $1.5-2 billion from major shareholders, including Alibaba and Actis.In this episode of Neon Show, Vipul Parekh, the visionary co-founder of BigBasket, shares his invaluable insights and experiences from his entrepreneurial journey. Vipul shares candid insights on the recent disruption in the online grocery space with the rise of quick commerce.----------------Timestamp00:00 Introduction01:14 Reflections on building BigBasket for 13 years02:21 Admitting wrong predictions about online grocers03:25 Analysis of online grocery delivery changes in India05:30 Factors behind quick commerce success in India07:45 Quick Commerce's success in India vs. other countries09:22 Profitability challenges for dark stores11:52 BigBasket's market share and transition plans13:06 Leveraging Tata Group synergies in retail15:36 Shift in household behaviour towards quick commerce21:53 Why India doesn't have its own Walmart-equivalent23:15 Learnings from Big Basket28:22 Tata's long-term approach to business30:04 BigBasket founders' future involvement31:47 Lessons from Tata33:00 Implementing financial governance at BigBasket36:08 Trillion-dollar question39:49 Potential for $100B Indian Startups45:18 Building financial independence through startups49:15 Hard work Vs Luck52:20 Vipul's background 55:40 Time in Wipro and meeting VS Sudhakar-------------Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys. Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes.We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShoww-------------Looking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies.To know more, visit https://primevp.in/-------------This video is for informational purposes only. The views expressed are those of the individuals quoted and do not constitute professional advice.Send us a text

Sep 21, 2024 • 1h 26min
$2.5 Billion Tech Empire Built On Acquisitions, Efficiency, & Pure Ambition with Luca Ferrari Founder Bending Spoons
Every entrepreneur dreams of turning a small startup into a global powerhouse. But how do you do it without following the typical "build a product, get funding, scale it, and exit" playbook? Luca Ferrari, founder and CEO of Bending Spoons, did just that— their journey is anything but conventional.It started in 2013, when their first-ever startup Evertale flopped and left them with just $40,000. After Evertale missed PMF, they pivoted, bootstrapping Bending Spoons by focusing on acquiring digital products with solid market fit but untapped potential.Bending Spoons has mastered the art of turning underperforming digital businesses into powerhouses using operational tweaks, AI, and machine learning.In this episode of Neon Show, we sit down with Luca Ferrari in the heart of Milan, at the headquarters of a tech company that's rewriting the rules of how digital businesses scale.Discover their bold acquisition strategy behind major deals like Evernote and Splice, and how they’ve managed to serve 150 million monthly active users with just 400 employees!Timestamp:00:00 Introduction00:37 Who is Luca and what's Bending Spoons?02:32 Bending Spoons by the numbers: Users and revenue03:05 Recent funding rounds: 2023 and 202404:59 Profitability and use of debt07:27 Luca's previous startup experience10:17 The birth of Bending Spoons in 201313:35 The secret sauce: Product-market fit and talent15:29 First acquisition: iPhone keyboard app18:28 Top revenue generators: Remind, Evernote, Splice20:26 Future acquisition strategy debate24:24 Price range for acquisitions33:29 Transforming acquired products like Evernote37:00 Competing with giants: Evernote vs. Notion42:32 Plans to enter enterprise software45:07 Luca's take on product-market fit47:58 Luck vs. skill in Bending Spoons' success51:30 AI's Impact on Bending Spoons54:42 Why Italy for Bending Spoons?59:08 Going public: Future plans1:00:32 Luca's journey: From small town to tech CEO1:04:27 Why aren't more tech companies starting in Europe?1:10:54 Bending Spoons' unique hiring approach1:14:35 Future growth areas for Bending Spoons1:16:47 The art of pricing in acquisitions1:21:49 How accurate are Bending Spoons' acquisition predictions?-----------------------Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys. Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes.We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings.—---------------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShoww—---------------------Looking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies.To know more, visit https://primevp.in/—---------------------DisclaimerSend us a text

Sep 14, 2024 • 46min
Employment Researcher - “India Needs 20 Million Jobs Yearly For Demographic Advantage!” Sridhar K
To say that India needs to create more jobs, is a downplay - what we need are 20 million jobs every year. But jobs can’t be created out of the wishing well.We have resources, but not proper skills. We have opportunities, but not proper initiatives to boost on the employment elasticity. We need a shift from Tier 1 to Tier 2 cities. We need a shift of capitals. We need immigration-based jobs for our youths, and we definitely need the women workforce landscape to improve at the earliest. But, will this be enough?Check out our latest podcast where we are in a conversation with Sridhar Krishna, a senior scholar at the Takshashila Institution, to know more! Timestamps00:00 - 00:47 - The Karnataka Job Reservation Bill04:19 - The impact on the recruiters/builders07:00 - Public Transport and Women in Karnataka 09:16 - Bangalore is not just for startups!09:27 - Government’s performance: what we have done well & where can we improve? 11:19 - India needs 20 million jobs each year 12:00 - How to create jobs in India?13:16 - Annual PLF data on unemployment - truth or facade?14:12 - Have “100 million people joined the workforce” truly?14:52 - Labor productivity in India vs in the US 15:22 - Statistics on how to grow employment elasticity 16:25 - 1800 people apply for 10 vacancies in Gujarat - why? 17:23 - ILO reports on job skills and job vacancy mismatch 18:56 - Is manufacturing & services good options to transition from agriculture?20:32 - Shridhar talks about his take on Raghuram Rajan’s book “Breaking the Mould”21:26 - Are PLIs unable to craft job growth?22:30 - Rebuilding big cities - a solution for employment growth?23:22 - Lavasa, Maharshtra failed - why?25:02 - Utlising AI to analyse the nature of jobs in other countries27:08 - Career Impact Bonds - What’s that?33:14 - 6 pillars as proposed by the recent Eonomic Survey33:49 - Focus needs to shift from Tier 1 to Tier 2 cities 34:40 - Women workforce participation better in Bangladesh than India?39:57 - India losing significant GDP due to fewer women in the workplaceFollow Sridhar Krishna - Linkedin - / sridharkrishna X - https://x.com/sridhar_kri?___________________________________Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys. Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes. We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings. __________________________________Visit our Website: https://neon.fund/Follow us on Instagram: https://www.instagram.com/theneonshoww/Follow us on Twitter: https://twitter.com/TheNeonShowwFollow us on LinkedIn: https://www.linkedin.com/company/beneon/__________________________________Sponsor Shout OutLooking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies.To know more, visit https://primevp.in/Send us a text

Sep 8, 2024 • 1h 34min
Why Is No One Talking About India's Unorganised Sector? Economist Arun Kumar Explains
Over the last decade, we have been getting news updates, social media highlights, and WhatsApp forwards about India being the “fastest growing economy” in the world. IMF, World Bank, and ADB have confirmed this. The question is, in the face of demonetisation, GST, and the drastic shift of focus to the organised sector from the unorganised one, is this data a true reflection of India’s economic reality? Today, Neon talks about these facts with Professor Arun Kumar, a renowned author of economic titles and an Economic Professor at JNU.Watch the episode to know more!Timestamps0:00 - Introduction0:14 - Introducing Economist Arun Kumar0:40 - Current scenario of India’s Economy1:25 - South East Asian countries' growth from 1947 as compared to India?3:31 - Proof of India’s failure in education system 5:20 - How can India develop education & health?8:48 - Does India really have “TOO MANY” billionaires & why is it a concern? 9:24 - The journey from becoming a “developing” nation to a “developed nation.”10:51 - The “Bottom-Up Approach” - What’s that? 14:00 - Growing chasm between high-earning & low-earning category?15:22 - Is the current budget failing to fund labour-intensive sectors?17:03 - What’s the unorganised sector in India?17:47 - What are the Micro, Small & Medium Sectors in India?18:33 - Robot uprising vs human employment! 21:03 - What are the 4 types of unemployment in India?23:27 - 60k jobs and 47 lakhs applicants ?27:20 - Is GDP a proxy of the organised sector for the unorganised sector?30:03 - Demonetisations hits the unorganised sector32:12 - Is IMF, World Bank & ADB’s version of India’s fastest economic growth true?34:25 - Black economy = Digging holes & filing holes40:40 - India should have been 8X its current economy - how & why did we fail?42:31 - Are we really a 3.6 trillion dollar economy?51:11 - How can we help the unorganised sector generate more income? 1:01:48 - Bottom economy = 40% of the Goverment’s vote bank & yet not the focus of development & growth? Why?1:05:26 - Why does the government want to help the organised sector?1:11:38 - How will India transform into a “developed” nation or double the GDP per capita?___________________________________Hi, I am your host Siddhartha! I have been an entrepreneur from 2012-2017 building two products AddoDoc and Babygogo. After selling my company to SHEROES, I and my partner Nansi decided to start up again. But we felt unequipped in our skillset in 2018 to build a large company. We had known 0-1 journeys from our startups but lacked the experience of building 1-10 journeys. Hence was born The Neon Show (Earlier 100x Entrepreneur) to learn from founders and investors, the mindset to scale yourself and your company. This quest still keeps us excited even after 5 years and doing 200+ episodes. We welcome you to our journey to understand what goes behind building a super successful company. Every episode is done with a very selfish motive, that I and Nansi should come out as a better entrepreneur and professional after absorbing the learnings. __________________________________Visit our Website: https://neon.fund/Follow us on Instagram: https://www.instagram.com/theneonshoww/Follow us on Twitter: https://twitter.com/TheNeonShowwFollow us on LinkedIn: https://www.linkedin.com/company/beneon/__________________________________Sponsor Shout OutLooking to build a differentiated tech startup with a 10X better solution? Prime is the high conviction, high support investor you need. With its fourth fund of $120M, Prime actively works with star teams to accelerate building great companies.To know more, visit https:Send us a text


