Is Dr Mayaram's FDI prescription an extension of his PhD thesis?

MAYARAM panel report on FDI reforms is the most talked about item in the corridors these day. Whereas the government is likely to go with the recommendations of the panel headed by DEA secretary and 1978 batch IAS Arvind Mayaram, it may face fierce opposition so far as raising the cap of foreign direct investment in telecommunications to 100%,  and FDI in retail and civil aviation to 74%. Interestingly, Mayaram recommendation is an extension of his PhD thesis which he had prepared when he was...

DEA secretary Arvind Mayaram, his PhD and a letter to his departed son

“You would always smile and say 'C'mon dad, you can do it!'. I did it beta.” This is what DEA secretary and one of the key bureaucrats behind today’s Union Budget -- Arvind Mayaram wrote to his son when he received the doctorate on FDI in India. Mayaram lost his 23-year-old son Anirudh, an episode that shattered him and his family. Courtesy Anirudh Mayaram Foundation, BoI presents here the excerpts of Mayaram’s letter to his son dated October 13, 2007…