The Economic Times

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 […]

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

The new US-Mexico-Canada Agreement has grim implications for India Nafta (North American Free Trade Agreement) is dead. Long live USMCA (United States-Mexico-Canada Agreement). US President Donald Trump has bullied Mexico and Canada into a new free trade agreement to replace

Falling, not rising, cronyism is the main cause of non-performing assets Former RBI chief Raghuram Rajan has dissected the banking crisis in his recent analysis of non-performing assets (NPAs). He implies that cronyism is an important cause. I would say

BJP would do well to ignore Rahul Gandhi and Congress’ advice to the contrary The Bharat Bandh called by Congress and sundry opposition parties, to protest against rising fuel prices and a falling rupee, represents the sad populism common before

Jailing traders is no remedy for unrealistic minimum support prices Month after month, as India approaches the next general election, BJP is ditching its claim to be the party of economic freedom and reform, and rushing into zany populist schemes

Alarmism over genetically modified foods is unscientific and false As an old fan of the Centre for Science and Environment (CSE), I deplore its campaign against genetically modified (GM) foods. The global anti-GM chorus flows from various prejudices, ranging from leftist

Why just 10 posts for lateral entry into the bureaucracy? Why not 500? This column has argued for decades for the lateral entry of outside experts into top administrative positions to usher in world-class expertise, independence and a different worldview.

RBI should discipline states to end high cane prices that cause recurrent crises Farm distress in India currently flows mainly from excess production of one crop after another. This has depressed agricultural prices, yet left them too high to permit

India must take steps to attract global talent for cutting-edge technology This year’s Budget raised import duties on 40-odd items to meet the threat posed by Chinese competition in what GoI viewed as crucial areas such as kites, candles, plastic