In every large and diverse country, federalism matters not just for political stability but also for economic development. The decentralisation of ....Read More

VISIBLE HAND ....Read More

Next step for the infotech b....Read More

Budge....Read More

What ....Read More

Conve....Read More

Amrit....Read More

A gra....Read More

Towards a coherent....Read More

Reforming the NITI Aayog The policy think tank must move....Read More



Key priorities for employment policy Measures that generate income for the poor are more important than tweaking the applicability threshold for la....Read More

MYOPIC MICROMANAGEMENT by NITIN DESAI The Union Government must not try and micro-manage what corporate managem....Read More

THE POST-COVID ECONOMY by NITIN DESAI The Indian economy has clearly fallen behind by several years if one look....Read More

THE GREAT DIVIDE by NITIN DESAI The Covid epidermic has widened the great divide that separates the living cond....Read More



Auctions for Public Resources ....Read More


The fiscal conservatism of the finance ministry means growth revival is going to take longer and may not be seen till late i....Read More

The Economic Survey and the budget speech have both focused attention on the need to boost the growth rate beyond its c....Read More

Less than a month from now the new Finance Minister, Ms.Nirmala Sitharaman, will present the first budget of the reelec....Read More

Are coalition governments bad for the economy? This, question has arisen because of the high probability that the comin....Read More

On February 1, 2019 the finance minister will present the final budget of this administration. It should be an interim ....Read More

The deteriorating trends in the current account deficit have been known for some time. But the government reacted only ....Read More

The recent IMF Report on the Indian economy projects a gradual acceleration of growth but also draws attention to sever....Read More

The presentation of the union budget to Parliament is fast changing from the Constitutional requirement which speaks on....Read More

Has the economy turned around and is the growth process back on track? The government’s statisticians are now pro....Read More

A little over forty years ago, when I joined the Planning Commission, Prof. Chakravarthi asked me to formulate a model ....Read More

Today marks the end of Samvat 2073 and the beginning of Samvat 2074 in some parts of India. The turn of the year is a t....Read More

The stock market is booming but there is gloom in many boardrooms.  In ....Read More

The farmer’s agitation in Madhya Pradesh and several other States has raised concerns about the health of the agr....Read More

The GDP numbers that have come out recently show a continuing decline in the rate of investment, reflected also in the ....Read More

One month of the Trump presidency has confirmed the fears that were expressed after his surprise victory. His acts are ....Read More

The Finance Minister will present the budget for 2017-18 in an economy reeling under the hammer blows of the demonetisa....Read More

Is the tax reform agenda running aground? That is the impression one gathers from the Centre's proposals on GST....Read More

The Government has made a wise choice for the Reserve Bank Governor in Urjit Patel who has the domain knowledge, experi....Read More

Raghuram Rajan's imminent departure from the RBI has been regretted by many who value competence in the making and impl....Read More

The finance minister faces an unenviable challenge. He has to find resources for higher public investment and a quantum....Read More

The Finance Minister faces a difficult problem in choosing between two sets of advisers. Both factions accept that the ....Read More

Two recent events have provoked this reflection on the role of large corporates in our economy.....Read More

Storm clouds are gathering and our polity and economy are going to face rough weather in the months ahead.....Read More

The only period of very high growth that India has known, from 2003-04 to 2010-11, was driven by a corporate investment....Read More

The Aam Aadmi  has delivered a clear message to the political class - w....Read More

We now have a successor to the Planning Commission with a carefully contrived acronym as its name, perhaps to signal wh....Read More

Many years ago there was popular song from an American musical which said "Anything you can do I can do I can do better....Read More

The first budget of the new Government is eagerly awaited by stock market punters and corporate managers who have been ....Read More

There is a certain euphoria in business circles in anticipation of a big victory for the business friendly Narendra Mod....Read More

The verdict of the recent State elections is clear – the Congress and UPA II are in trouble. Yes they involved on....Read More

Is the worst over?  The Finance Minister and his Chief Economic Adviser....Read More

Mr. Chidambaram must be a worried man. A week from now he will present a budget which is expected to revive growth, con....Read More

The Governments budget is generally formulated as a cash-in cash-out budget more or less comparable to a housewife&rsqu....Read More

In the wake of the 31 July blackout a lot has been said and written about the policy failures in the power sector. The ....Read More

A new team of the Prime Minister and two trusted lieutenants, Dr. Rangarajan and Montek Ahluwalia has taken charge of t....Read More

The next Prime Minister of India will wield even less authority over his cabinet colleagues than Dr. Manmohan Singh. Th....Read More

Tomorrow the Finance Minister has to present a budget that will revive investor confidence, restore fiscal balance and ....Read More

The central goal of the budget which the Finance Minister will present in March must be to restore confidence in the pr....Read More

The prospects for the world economy look bleaker by the day.  The Euroz....Read More

Jairam Ramesh’s departure from the environment ministry is being seen as a victory by some industrialists and com....Read More

A few weeks ago the Reserve Bank raised its policy rate by 50 basis points mainly with the intention of containing infl....Read More

This column has been provoked by a current dispute between two publicly listed companies that has been linked to a fami....Read More

The spectre of a runaway price rise is haunting the corridors of power in this pre-election year. Memories of earlier e....Read More

The Finance Minister has delivered a Rs. 60000 crore handout to farmers.  ....Read More

Next week the Finance Minister will present what may be the last substantive budget of this administration.....Read More

January is a month when, with the change of the year, journalists and columnists suffer from an uncontrollable urge to ....Read More

Last Wednesday the stock market suffered a big scare.  The provocation ....Read More

Two months ago when global stock markets were booming this column asked whether the party would continue and suggested ....Read More

On 15 August this year, independent India reached the age of sixty.  So....Read More

The stock market boom continues apace and has now lasted for four years from the time the Sensex started rising in mid ....Read More

The Government has opted for a 9 per cent growth path for the Eleventh Plan.  ....Read More

Indian corporations are going global.  The recent acquisition of Corus ....Read More

Yesterday the Committee on Technology Innovation and Venture Capital presented its report to the Planning Commission.....Read More

The Sensex has fallen by over 20 per cent from its May 11, 2006 peak of 12671. ....Read More

The Prime Minister, Dr. Manmohan Singh, has been talking lately about the possibility of India aiming at a growth rate ....Read More