Shailesh K. PATHAK (@shypk) header
Shailesh K. PATHAK (@shypk) profile picture

Finance | Infrastructure | Cities | Public Policy | PPPs Previous: @IASassociation ICICI L&T FICCI @IIM_Calcutta @SRCCDU

Mumbai
Joined July 2013
Photo by Shailesh K. PATHAK (@shypk)Photo by Shailesh K. PATHAK (@shypk)Photo by Shailesh K. PATHAK (@shypk)Photo by Shailesh K. PATHAK (@shypk)Photo by Shailesh K. PATHAK (@shypk)Photo by Shailesh K. PATHAK (@shypk)Photo by Shailesh K. PATHAK (@shypk)Photo by Shailesh K. PATHAK (@shypk)Photo by Shailesh K. PATHAK (@shypk)
2019: when my private sector tenure exceeded my @IASassociation years in Govt. 2 December vignettes.. From 2003, welcoming PM #ABV in Bastar district, as DM to conduct elections; 1st time IAF Choppers were used From 2018, at @ficci_india AGM’s CEO panel on Building a New India
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Delighted to be part of this success. First PPP, first CSR, rising retail donors on NSE’s Social Stock Exchange. Outcome Linked Bonds (bilateral in this project), would transform efficient government spending at state and Union levels once allowed under SSE...
Congratulations to National Skill Development Corporation on getting its project listed on NSE’s Social Stock Exchange (NSE-SSE) NSDC has successfully raised ₹4 crore through NSE-SSE’s Zero Coupon Zero Principal instrument, advancing their commitment to creating international employment pathways for India's youth. The total project outlay of ₹11.25 crore initiative is aimed to equip 600 youth with language skills and international placement support. This is the first blended-finance project which has received support from MP Government as outcome-based funding and beneficiary contribution along with ZCZP instrument of NSE-SSE. With NABARD's support, this initiative underscores the power of collaborative/ blended financing in creating meaningful skilling opportunities and connecting India's youth with global workforce demands. The ceremony was graced by Shri Jayant Chaudhary ji, Hon’ble Minister of State for Skill Development and Entrepreneurship and Minister of State for Education, Government of India; Smt Krishna Gaur, Hon’ble Minister of State for Backward Classes and Minorities Welfare, Government of Madhya Pradesh; Shri Mangal Prabhat Lodha ji – Cabinet Minister for Skill Development & Entrepreneurship, Govt. of Maharashtra; Dr. Shaji Krishnan V ji, Chairman, NABARD among other key dignitaries. #NSEIndia #NSESSE #listing #IPO #NationalSkillDevelopmentCorporation @NSDCIndia @jayantrld @NABARDOnline @ShajiKV @KrishnaGaurBJP @MPLodha @PMOIndia @mygovindia @FinMinIndia @nsitharaman @NITIAayog @ashishchauhan
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On four themes. How liveable is your city? @MoHUA_India One year with NSE @NSEIndia IIMC 40th anniv reunion @IIM_Calcutta Manufacturing in India, wish list of companies, actions by governments Full post here linkedin.com/posts/spathak_i…
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Shailesh K. PATHAK retweeted
I run a software on which uploads happen from every village in India without exception, a couple of lakhs of uploads every day from across India. I can say confidently that there are no such villages anywhere which are completely unconnected.
Dear Prime Minister Ambani, Please accept my humble apologies for not realizing that you are the real boss of India. Naturally, you would prefer to maintain your monopolistic exploitation of the great people of India, but would you nonetheless consider allowing Starlink to compete? There are many areas of India, as there are in all countries, with no Internet access, which denies children the opportunity for education and for small businesses the opportunity to sell their goods to a global market. Starlink would change their lives for the better. Thank you 🙏
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Are you in a Non-Profit and looking for funds? Or giving to social causes, as a Philanthropy or individually? Want to raise funds through a listed project on @NSEIndia Social Stock Exchange (SSE)? Webinars on 11 & 12 Aug, more at lnkd.in/p/gBR-yyqp
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Out of that 75% global tiger population, around 75% tigers are in a radius of 300 km from Jabalpur (Madhya Pradesh) Kanha Bandhavgarh 👌🏽 Pench Satpura Tadoba Melghat Panna Sidhi Achanakmar Palamau - Hazaribagh Have visited all but one Kudos to outstanding foresters @ntca_india
75% of global tiger population lives in India.
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Bombay-Bastar-Mumbai ….. On 2 June 2026 completed four decades since I started my career Four broad phases: 1986-90 Mumbai 1990-07 MP & CG’s Gwalior, Jabalpur, Raipur, Bastar (and Bandhavgarh National Park) Also Eisenhower Fellow 2000 @EF_Fellows EU Visitor 2003 1/2
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2008-22 Mumbai, London, Bengaluru, Chennai 2022 onwards Delhi, Mumbai.   Meanwhile, Oxford U as Chevening Fellow 2011 BRICS Business Council 2011-2016 B20 (G20) 2016-2023 And Diploma in Ornithology BNHS 1995 Scaled Kedar Dome 6831 m 1991 Kailash Mansarovar Yatra 2005 2/2
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Strongly recommended viewing. Attended in person at @NSEIndia Accelerating GDP of states, especially Eastern India, needs multi-decade focus. Good analysis of performance 1961-2024 Hope Kolkata becomes a dynamic urban hub, and hope Bihar’s cities , esp Patna, rapidly improve..
My lecture at NSE on the Relative Performance of Indian States since 1960. It makes the case that India's East-West imbalance can only be solved by creating at least one high-growth urban engine in Eastern India that matches Mumbai-Pune, Delhi-NCR, Chennai, Hyderabad, and Bengaluru. The best candidate for this revival is Kolkata. A dynamic Kolkata - networked through to Patna, Bhubaneshwar, Ranchi and Guwahati - would drive Eastern India. Separately, we need to stop thinking of Punjab as a "rich" state. After the initial success during the Green Revolution, it has been in relative decline for four decades and needs special attention. youtube.com/watch?v=jbev0UYK…
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A post after long. In Sept 2025, got back to where I once belonged. Photos at the @NSEIndia iconic Bell - with a German lad - with one of India’s most respected capital markets professionals & philanthropists More thoughts on linkedin.com/posts/spathak_m…
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Dear Ayush, we would all like Indian cities to become better. Have written on how. Our Constitution has clearly given this power to state governments. Not Union govt. Seventh Schedule, List II, entry 5. Do urge your state govt and your CM to do much much more about this…
. @sanjeevsanyal sir there's been lot of chatter & grievances in the social media circles regarding urban infra (footpaths, trees, loose dust, riverfronts, etc.), I was wondering if this is reaching the top leadership? and if yes, can we expect some sort of municipal overhaul...
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Shailesh K. PATHAK retweeted
Theodore Roosevelt quote “It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows, in the end, the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.” Theodore Roosevelt
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How are voter lists updated in the US? Happy to see Hindi among 7 languages on the Voter Registration Card, an annual exercise by the Chicago Board of Elections. These cards are mailed to all voters. See photo, other languages include Spanish, Chinese, Polish, Korean & Tagalog. (No imposition of any language)… India’s voter lists are prepared very differently, of course. Amidst discussions about Bihar’s Special Intensive Review of electoral rolls 2025, appreciation for our tech-enabled @ECISVEEP teams that made the draft voter list possible within a month. A population higher than UK or France, 90712 polling booths in 243 Assembly Constituencies, updation during the Bihar monsoons, see chart. Commendable work, with leadership provided by Mr. Gyanesh Kumar, Dr Sukhbir Singh Sandhu and Vivek Joshi. Here’s to similar SIRs across all states. 10 days since our Delhi to Chicago ‘nonstop’ @airindia flight had a technical halt at Vienna airport- an unintended beneficiary due to our painful neighbour. Very smooth US immigration experience at ORD, just my photo, no stamping of passport needed.
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From Berlin to Bihar…. For ‘India that is Bharat’ to do better, Bihar and Poorvanchal would need to grow much faster. Bihar’s rapid development depends upon capacity-building of Bihar Government’s 13 lakh employees to national and global levels. Was happy to contribute to ‘Bihar Learning Week’ on 15 July 2025 with my #Infrastructure session, live on @iGOTKarmayogi under @DoPTGoI working with @BipardGaya & @gadbihar whose post is quoted. For those from Bihar & Jharkhand, whether in India or outside, please view whenever you have the time. Talked on practice, not theory. Have used conversational Hindi (Bihari accent) with a bit of Bhojpuri, Urdu, Maithili, and Bangla. See at this link: youtube.com/live/iu6s2GPltU0 Showed night-lights of Bihar 2012-21, per capita income of 38 districts in Bihar, piped water supply in rural households up from 2% to 96% in 2019-2025. Other data points showing transformation could include toilets coverage, institutional deliveries & Maternal Mortality rates, all-weather roads, energy and power availability, GST collections and much more. Key messages: 4 kinds of infra Security infra (law & order, policing & criminal justice ecosystem) - most important Physical infra (Sadak, Bijli, Paani, others) Social infra (Health, Education, Nutrition, others) Digital infra (e-governance, mobile-based service delivery etc) An idea of Bihar’s road distances and driving time taken (much improved over the last 20 years): Buxar to Bhagalpur      380 km, 8 hours Bettiah to Banka          385 km, 10 hours Kishanganj to Aurangabad 500 km, 11 hours Compare this with Expressway drive times: Noida to Lucknow  512 km, 7 hours Lucknow to Buxar  380 km, 5 hrs 20 mins Transport time and cost would both come down over the next decade, including faster passenger trains, after the Eastern DFC. Water infra in Bihar came in for special discussion. In so many ways, water management is Bihar’s biggest challenge and opportunity. Urban Infrastructure deserves much much more attention. As PM @narendramodi said in 2016, cities have the ability to digest poverty. Most livelihood creation within Bihar happens in the top 10 cities - Patna, Gaya, Bhagalpur, Muzaffarpur, Purnia, Darbhanga, Bihar Sharif, Ara, Munger, and Chapra. Capacity building for Bihar’s 12 Municipal Corporations, 88 Nagar Parishads and 154 Nagar Panchayats is much-needed for Ease-of-Living of Biharis. The best anti-poverty program for Bihar is to steadfastly urbanise- it is currently the least urbanised among all states. Agri-Infrastructure is going to be helped by the new PM Dhan-Dhanya Krishi Yojana PMDDKY. Digital Infrastructure has seen rapid improvements over the last few years. UPI, DBT, PM Kisan, BiharBhumi and many other e-governance initiatives are most welcome. Broadband and mobile data speeds are high. Many savvy young persons use mobile phones to access govt services. Infrastructure has 4 broad stages: Design, Financing, Construction and Operation. Much more is needed in the 1st stage. Good design is imperative, even if it takes time. Of course, operation & maintenance of infra assets needs intensive monitoring and attention, as we have seen with bridges across the world. Focusing on the future is always best, and most learnings from pre-2010 Bihar or indeed pre-2010 India are pretty much irrelevant for the next decade. Skilling and education in specific employable sectors would be great. Am working with some entities on skilling Bihar girls and boys to cater to global demand for skilled workers. As a beginning, we have set up a large K-10 school near the Bihar-UP border: 655 students in less than 4 years. Photo below. Was happy to give-back to Bihar, Have been out since 1981 after completing schooling in Patna, Gaya & Dehri-on-Sone; also stayed in Araria, Jamui, Muzaffarpur & Ranchi.
बिहार लर्निंग वीक 11 से 17 जुलाई, 2025 (Day 5) विकसित बिहार @2047 की दिशा में हम सबका एक कदम ! हर दिन, एक नई सीख लिंक से जुड़े - youtube.com/live/iu6s2GPltU0… @NitishKumar #generaladminstrationdept #MissionKarmayogi #BiharLearningWeek #GADLive #DigitalGovernance #KarmayogiBharat
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For all those interested in quick justice in India, a must–read by the outstanding @sumitamisra In the next few years, criminal justice delivery ecosystem would improve in states that implement the 3 new laws well. Hope to see commercial and civil justice delivery ecosystems improve in our lifetime.
Sharing my article titled *“How Haryana Leads the Way in Implementing New Criminal Laws*“ published in The Indian Express today. I have highlighted Haryana’s Initiatives under the New Criminal Laws leading to tech-driven reforms, swift trials and record conviction rates . To read more, kindly click on the link: indianexpress.com/article/op…. @IndianExpress
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On my 3 day Berlin visit, much learning. #German companies, especially in Automotives and Semiconductors, diversifying their supply chains following the ABC approach: Anywhere But China. Current facilities in China would continue, but new capacities largely for local consumption. #Most new investments in supply chains and manufacturing ecosystems would come up elsewhere, with India being high on the list. Appreciation of India’s improving supply chain & logistics, the tech ecosystem and the local market. #Indian diplomacy and business underscored trust factor for German companies doing business in India. Other highlights: A disquieting sight when landing in Munich was of an airplane tail-fin jutting out from a building, photo below. While it looked like the tragic AI 171 Boeing’s tail-fin stuck on a wall in Ahmedabad, the specially designed doors for the enormous Airbus A380 enable the tail to be out of the hangar. Germany is attracting Indian professionals. Over the last decade, Indians working in Germany have gone up 6x. Indian Ambassador in Germany #AjitGupte told me that he sees Indian professionals in most German companies, especially Tech/IT. Many more needed in health care and other sectors. And as German Ambassador in India #PhilippAckermann said, there is no upper limit or cap. Germany follows good design principles. Berlin is the largest city in Germany with ~ 4 million population. Think Lucknow or Kochi. I could use rail+metro from Berlin airport to Potsdamer Platz and around the city. Very good integration of intracity rail, metro and bus systems. At the airport terminal, the elevator goes directly to the rail platform or the metro platform. Such integration should be mandatory in Indian airports and railway stations, prone to unnecessarily long connecting corridors. In 2019, had suggested Berlin’s HauptBahnHof as a model for Indian railway stations. nitter.cf/shypk/status/118189244… At metro stations, only one escalator for coming up, an incline for the down slope. Saves operating expenses. Wide pedestrian pathways and bicycle paths ensure road safety. Indeed, complimented a senior German professional commuting by her bicycle. Berlin just moved closer to restricting private cars within the main city. Sorely needed in India, starting from our hill stations. See more at   usa.streetsblog.org/2025/06/… For urban activists, volksentscheid-berlin-autofr… Happy to see Madhya Pradesh’s Sanchi Stupa’s gate featured prominently near the Humboldt Forum Museum. Paid homage to Western Classical Music greats at the Beethoven-Haydn-Mozart Monument in Tiergarten, a 520 acre wooded park. Evocatively, the street next to the Japanese embassy is named Hiroshimastrasse. In 2015, had done Berlin tourism with school buddies. A decade later, it’s been a good journey. Here’s to the next decade!
Replying to @monikahalan
The Berlin Hauptbahnhof is how India’s major railway stations should be. German friends don’t like discussing progress on the much-delayed new Berlin airport!
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How is India’s growth and ecosystem being viewed by various stakeholders? Some interactions over the last month with diverse groups of people in business, policy and global finance below. In Bangalore, spent an evening with a European company’s Global Executive Board. Fun fact: market cap of their Indian subsidiary is higher than market cap of parent company’s in Europe. Operations in 50 countries; manufacturing in 20+ countries. Very bullish on India’s growth. Discussions on Finance & Economics, industrial sectors, also on India’s culture, history, regional differences and much more. Very intelligent and curious Chairperson, learnt from all their global perspectives. Separate bonus was a visit to ISCKON Bangalore to meet friends old and new, to contribute to a very large project, likely to become one of the top landmarks of India by 2030. In Mumbai, interacted with young finance professionals at an Investors’ Conference. My sessions were on Infrastructure & Cities. Semiconductors and Defence attracted buzz and interest. Having started my career in capital markets & investment banking in Bombay, always a pleasure to return to my favourite city. Look forward to BKC’s metro and HSR connectivity. In Delhi, good to talk to a group of bright mid-career corporate professionals on effective interaction with governments at various levels. Co-hosted by @ispp_edu and @PAFIIndia Photo below. Participants shared examples of very good interactions in governments, and some not-so-good interactions. Examples of very positive interactions with Ministers & MLAs, Tehsildar, CDO, District Collector, other city, district, state and national officers Directors, Joint Secretaries and so on. Participants learnt from a quiz that media shapes our perceptions, and it is essential to keep a balance by listening to diverse media views. Today, a pleasure to meet good friend for over 35+ years @SarojJha001 and Sumila Gulyani. They are doing excellent work in the water sector, globally as well as in India. Water security for large urban agglomerations in our country is an imperative, as is capacity building for better operations and urban planning. Did you know that over the last 3 decades, over half the growth in irrigated agricultural area across the world has come from India and our northern neighbour? And I didn’t know that hydropower projects on one river in a Central African nation would generate power which is 10x their GDP. But governance institutions need to upscale before project execution. Key takeaway: Non-indian investors have a more positive view of India’s future, since they can see beyond ‘breaking news’ and appreciate the ‘secular growth trends’
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Aadhaar is a number linked to your fingerprints and iris. Nothing more. Aadhaar verification (with OTP) proves your identity. Easy to understand. Aadhaar is NOT a paper card, which can be photoshopped - passports, voter ID EPICs, high-school mark sheets, birth certificates can also be photoshopped, especially with new AI. Anyone staying for over 6 months in India, of whichever nationality, can get an Aadhaar number. Including foreign citizens. Try MyAadhaar on the UIDAI website, very useful. The use-cases of Aadhaar identity verification have transformed life for India’s poor and un-connected. Who never had identity papers. The positive impact of Aadhaar on Indian public policy is a great success story. For Proof of Identity and Proof of Address: Aadhaar is perfect for the first. NOT for the second. There are other proofs of address that are accepted, especially in passport offices. And Digilocker is not necesary for OTP based Aadhaar verification. Have been observing Aadhaar critics since 2010 who will seldom appreciate the positives. Most of their cribs are related to photoshopped fake Aadhaars, and KYC requirements for Aadhaar cards. Any entity asking for Aadhaar card photocopies for any KYC is silly - when they could easily do OTP based verification in seconds. Sadly, silly entities are not uncommon. Indeed, @UIDAI would do well to specifically discourage use of the words ‘Aadhaar card’ And also redress quickly glitches that some Indians face in Aadhaar updation. @neelkanthmishra @ceo_uidai @andymukherjee70 @suchetadalal
It can’t prove date of birth, it can’t get you a passport, it can’t save you from getting pushed out forcibly to Bangladesh. My high-school mark sheet did all three, without any digilocker mumbo-jumbo. What is Aadhaar good for then? Genuine question.
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