BSNL has been unlucky in its expansion plans; its bad luck is that it is owned by the government and must buy everything on tender
It is a pleasant surprise that the Economic Survey has pointed fingers at the Congress shibboleths of paternalism, populism and dual markets
Having proved its prowess in the Indian market, Bharti must now show that its managerial strength can rival that of multinationals
Our rulers pretend to be good economists abroad, but adopt bad economic policies at home
NREGS needs a combination of resources that the state governments find it virtually impossible to muster; it is designed for imperfection
American firms outsource jobs to India to save costs, not to enrich Indians; US President & Congressmen need to be less prejudiced and better informed
In making the budget, the finance minister faces a huge fiscal deficit; he should restrain military expenditure, and make moderate subsidy cuts
The corporates should build first-class universities that train employable graduates; the government should give scholarships
Well done, Mamata, for bringing out the White Paper; now, draw its lesson and change the railways over to double-entry book-keeping
Economically, India’s most successful regions are small, relaxed, beautiful and reasonably well governed — not its industrial powerhouses
Mutual funds are susceptible to default and liquidity risks in the same way as banks; they should be subject to more prudential rules like banks
Cost-of-living indices show persistent inflation, attributable to the huge deficit in the budget last May; the next budget must cut it
Ramesh will be allowed to whisper to himself a promise to cut carbon intensity, but he must not make that promise to rich countries
The so-called growth reflects the government’s profligacy; it pre-empted many fiscal stimuli that would have been better for the economy
The 2006 industrial policy was extreme to start with, and has long outlived its utility; almost every line of it needs to be revised
Figures of CEOs’ pay are distorted by the fact that promoters masquerade as CEOs and reward themselves generously