LET PRIVATE ENTERPRISE TAKE THE LEAD


5th Nov, 2004;  Source: The Financial Express


In my last column, I spoke on the need for an “in-the-trenches” mentality towards fostering further reforms in the Indian economy This reflects the fact that the easier, or first phase, of mostly macro reforms are over and growth rates of 8% plus can only be engineered if more clusters, or sectors reach a... Read More


WHY THE ELEPHANT WILL BE DANCING


22nd Oct, 2004;  Source: The Financial Express


This is intended to be the first in a series of articles in this paper As a start, I thought I would put down my views on the current state of the Indian economy so that readers can filter my future views against this backdrop Last year, the Indian economy grew in excess of 8% Is this growth sustainable, or is it... Read More


A LONG-TERM VISION DOCUMENT


9th Jul, 2004;  Source: Business Standard


‘A Budget with a long-term vision’ would best describe the fine balancing act performed by the finance minister on Thursday The minister has dared to dream about strengthening of the rural infrastructure and boosting agricultural growth, a trigger that is well placed to fuel activity in... Read More


INDIA IS VULNERABLE THIS TIME


28th Jun, 2004;  Source: Business Standard


A few events have taken place which imply that there could be significant changes in the interest rate and forex outlook in the next several months First, the state of the global macro-economy has changed fundamentally From being in an era of low global inflation and low interest rates, we... Read More