Special Guest at the APEX’13 Awards, Dr.Subir Gokarn, Noted Economist & Former Deputy Governor, RBI, pointed out that the surge in productivity, thanks to dramatic rise in the telecom penetration in the country, has now petered out and that we are awaiting the next “technology shock” (to boost productivity again).
Dr.Gokarn highlighted Food as another area where technology advances and entrepreneurial efforts could contribute significantly. “There is a complete stagnation of productivity in proteins and vegetables and the supply response has been negligible. This has been a key hindrance to containing inflation,” he said.
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