Swaminathan S. Anklesaria Aiyar

Solving BOTs Through TOTs

For real privatisation in infrastructure, the old model needs to be inverted The Narendra Modi government has failed to privatise any public sector undertaking (PSU). Its sale of minority stakes in several PSUs is disinvestment, not privatisation — the latter

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Don’t Be Seduced by Sirens

GoI raiding the central bank’s reserves is no solution for the fiscal deficit The controversy over the Reserve Bank of India’s (RBI) independence cloaks a bigger issue: the government’s chronic inability to control overspending and the fiscal deficit. RBI deputy

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