The Indian express (February 1)
“This is a revolutionary Budget. It has major, big-ticket announcements which will help India take a giant leap in our aspirations to establish a New India.” Perhaps the most ambitious is a measure to expand health insurance to half a billion people. “With this added health cover benefit, we can be truly proud of being a growing economy with concerns of the marginalized and the disadvantaged being well taken care of. In a way, this is a redistribution of wealth generated in favour of the poor and the impoverished.”
Tags: Benefit, Budget, Disadvantaged, Health insurance, Impoverished, India, Marginalized, Redistribution, Revolutionary, Wealth
The Economist (June 22)
“The past 20 years have seen a massive redistribution of economic power to the emerging world. But so far there has been no comparable redistribution of brand power.” While Chinese firms account about a sixth of the globes largest companies by revenue, “Interbrand’s 2012 list of the 100 ‘best global brands’ included not one Chinese firm.” This could change quickly. “Emerging-market contenders are mounting their warhorses and readying their battering-rams.”