In 'Economist Gandhi', author Jerry Rao places Mahatma Gandhi’s thoughts on business and wealth management within the tradition of economic philosophy (Adam Smith to George Akerlof and Richard Thaler). And he expounds on the Mahatma's ideas, including the importance of trusteeship. Excerpt:
According to a central government study, Indian cities faced a shortage of about 1.8 crore houses in 2012. KPMG says that number could go up to 4.4 to 4.8 crore homes by 2022. It estimates a massive investment of USD 2 trillion would be required to build these houses over the next seven years.
Former NASSCOM chairman and former CEO of MphasiS Jerry Rao referred to the remarks made by Obama a few years ago wherein he had referred to moving jobs from Bangalore to Buffalo.
Former Mphasis founder Jerry Rao speaks to CNBC-TV18's Vineetha Athrey exclusively on his new venture Value and Budget Housing Corporation (VBHC).