Three Questions: Sambhav Karnawat, Suranas Jewelove, on the Economy the day after the Elections.

SAMBHAV 1 copySambhav Karnawat, an IIT Alumnus, is an independent man, a free thinker, an entrepreneur and a simple human being who believes in humanity. He has always wanted to be independent and do something on his own since his school going days and , that is exactly what he is doing doing! He unknowingly started his first business in class 5. He followed his heart and found Jewelove (now Suranas Jewelove) a high-end jewelry brand, which needs no introduction to the connoisseurs of wearable art .
He started Jewelove, a high-end designer Jewelry brand, in his sophomore summer at IIT Kanpur ( after he had d lost interest in engineering & was thinking of dropping out) and there has been no looking back since, his passion fueling his blast to the top. He has since ventured into selling precious platinum, diamond & kundan meena jewelry online.
His enduring passion is working on creative ideas and helping out others with their ideas & ventures too. he he takes the Three Questions:
Q1. What according to you should be the top three priorities for the next Government?
1. Building infrastructure. Everyone talks India’s immense potential for growth, but that growth cannot be realized without extensive infrastructure on a local, state as well as the national level.
2. Economic Liberalization. I cannot stress this enough. India is still very constricted when it comes to letting businesses flourish. Businesses generate value in a country. Flourishing businesses generate employment, pay taxes & contribute to the socio-economic growth of the nation. Economic liberalization is necessary so that businesses can prosper & thus the nation.
3. Good quality education & research. The general level of education in India is shockingly low. We have truckloads of engineers & doctors but few are actually ready for work. The quality of education needs to be improved, colleges need to be regulated to ensure better quality education & a STOP has to be put to fake colleges & institutions that ruing a student’s life. As of now, research is almost non-existent in India. If the country has to become self-dependent, in my opinion, we need better research facilities & we need to keep our intellectual capital within the nation.

Q2. When do you see India coming out of the current economic limbo?
The way I see it, it depends on the government. Once the government gives a clear economic & monetary policy & starts taking constructive steps towards taking the country out of this economic limbo, I believe they can revive the economy in a year.
Q3. On a scale of 1 to 10, how hopeful are you that the 2014 elections will mark the beginning of the Indian Economic Resurgence?
We had posed Three Questions to a wide cross section of opinion leaders – academics, industrialists and those who we think are the Nation’s think-arati. Watch this space, we will bring you more.