05/12/2021
सोने की चिडिया
Titles are conferred out of admiration. From AD 1 to Ad 1000 India’s share in the global economy was over 35%, it was the world’s largest economy. The country has been invaded and plundered throughout the history umpteen times, however it kept bouncing back to its glory. It was the Vyaparis or merchants who replenished the wealth with their vyapar and India remained the capital of trade and culture for a significant part of the history.
The scenario changed during the colonial period, the British raj. Trade and commerce was monopolized by the East India Company and later by the Crown. It is documented that the average outflow of wealth to Britain exceeded 5 million GBP in revenue and taxes every year, which in today’s prices is equal to around 250 billion GBP. Multiply that by 300.
Economic reforms of 1991 eradicated the license era and freed our vyaparis to the world for business. We have climbed up from being a mere Third World country to the position of the third largest economy in the world as per the Purchasing Power Parity (PPP) in the last 30 years.
This is an era of start-ups and India has jumped on the bandwagon. In the years to come India might come to its past glory by becoming the Start-Up Capital of the world. The book Vyapar-Shastra by Vishal Shivhare lays out the history of vyapar in India from the ancient past to the global present. He puts forth a captivating perspective through live examples across the topography, the social spectrum and the financial scale.
Vishal Shivhare is an entrepreneur and a business leader having experience of more than 15 years and have turned around both emerging and established companies from all around the world. He has the knack of catching the pulse of global financial market and business. Vishal is a business specialist in leading sectors like investment banking, blockchain, consulting, educating, writing, and empowering business through technology, vision, strategy and in action.
In the coming weeks, illustrations of vyaparis from local kiranawalas and chaiwalas to urban businessmen heading conglomerates and mom and pop stores will be detailed out, business models from mela to mall, village haat to hypermarket to e-commerce setups will be discussed. Let us examine through this book the The Business Practice in India and see what patterns emerge.