Author: Teena Jose

During the pandemic and mostly in the immediate post-pandemic industrial scenario, Byju’s was one of the prominent names echoing around with good revenue digits and innovative initiatives. From creating a novel virtual world for the edtech industry to on-boarding dream stars as their brand ambassadors to the evolution of many of its subsidiary arms with a pretty well finance background, Byju’s topped the list of startups with a golden glow of unicorn status and entered in the Forbes rich list. But in recent times, precisely for so many months earlier this year, the edtech major is stumbling from one crisis…

The Government’s roadmap for making India a $5 trillion economy comprises focussing on growth at the macro level and complementing it with all-inclusive welfare at the micro level, promoting digital economy and fintech, technology-enabled development, energy transition and climate action and relying on a virtuous cycle of investment and growth. Where is the Goal Now? The Indian economy is expected to grow at a 6.8% annual rate during the next five years, with labour contributing 10%, capital 52%, and efficiency 38% of the increase. The need for capital will be crucial, and the odds are in favour of a sustained…