Ajit Ranade

Stories By Ajit Ranade

The half-trillion forex milestone

The half-trillion forex milestone

India's forex reserves have crossed half a trillion dollars, a historic milestone achieved by the pandemic-caused global recession and de...Read More

Some out-of-the-box ideas for a fiscal stimulus

Some out-of-the-box ideas for a fiscal stimulus

Unconventional times call for unconventional solutions and experiments.

Are we paying the price for a premature lockdown?

Are we paying the price for a premature lockdown?

The method to "flatten the curve" was to isolate people in their own homes, observe social distancing, restrict movement. It was as if co...Read More

Monthly report on unemployment.

The jobs challenge will get worse post COVID-19

122 million jobs were lost in the month of April in India. Add to it the loss of hospitality and airline jobs, rise in automation, cautio...Read More

No alternative to expanding the fiscal deficit

No alternative to expanding the fiscal deficit

As 63 million small and medium enterprises look to the government for support in these harrowing times, what prevents the policymakers fr...Read More

Thanks to the COVID-19 pandemic, problem of food security has become more acute

Thanks to the COVID-19 pandemic, problem of food security has become more acute

The official stock of food-grain with the Food Corporation of India stood at 77.7 million tonnes as of March 1. This includes 27.5 millio...Read More

PM Narendra Modi

Coronavirus Lockdown: What rescue measures does India need to take amid COVID-19 outbreak?

Despite bitter political bickering, the United States passed its highest ever relief package to support the economy. It is valued at 2.2 ...Read More

YES Bank crisis:  Will the swift action of the RBI and the government lead to the bank's rescue?

YES Bank crisis: Will the swift action of the RBI and the government lead to the bank's rescue?

The way state governments have moved their deposits to public sector banks brings back memories of 2008

Ides of March: How Coronavirus outbreak has affected China and the world

Ides of March: How Coronavirus outbreak has affected China and the world

The Coronaviruses (CoV) are a family of viruses that can cause flu-like symptoms or also severe illnesses like respiratory disorders. The...Read More

India's PM Narendra Modi with US President Donald Trump.

Negotiating with Trump

They are the two largest democracies in the world, separated by ten thousand miles. America’s war of independence two and half centuries ...Read More

Budget 2020: Measured Fiscal Booster Dose

Budget 2020: Measured Fiscal Booster Dose

The macro context to the Union Budget was grim. Nominal growth rate which is at a forty-two year low, bank credit flow which has collapse...Read More

Propelling the economy with limited fiscal fuel

Propelling the economy with limited fiscal fuel

The upcoming Union Budget presentation will be the first full year budget in the Seventeenth Lok Sabha. The backdrop is a slowing economy...Read More

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A Nehruvian ambition for infrastructure

It is true that infrastructure projects can be carved out for the private sector to have a role in financing with profit. For instance, m...Read More

Economy needs a budget stimulus: Ajit Ranade

Economy needs a budget stimulus: Ajit Ranade

Companies like Facebook, Google, Amazon, Apple and Microsoft have a huge user base in India. They are all each nearly a trillion dollar i...Read More

‘Encounters’ are a betrayal of the Indian Constitution

‘Encounters’ are a betrayal of the Indian Constitution

The police in this case say that they fired in self-defence, but ensured that not even one of the four accused survived.

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The Constitution and its upholders by Ajit Ranade

November 26 has been celebrated as Constitution Day for the past five years. Earlier it was recognised as National Law Day since 1979. It...Read More

Signing RCEP to speed domestic reform

Signing RCEP to speed domestic reform

The reforms of 1991 were induced by a currency crisis. Since then India’s trade openness has dramatically risen.

Signing RCEP to speed domestic reform

Signing RCEP to speed domestic reform

India was a founder member of the General Agreement on Trade and Tariffs (GATT), which eventually became the World Trade Organization in ...Read More

Indian Prime Minister Narendra Modi

A tale of two global rankings

Two global rankings were announced recently. One was the 2019 “Doing Business” report published by the World Bank, which was earlier call...Read More

Reducing polarisation in an electoral democracy

Reducing polarisation in an electoral democracy

Dr Ambedkar warned that India must confront the contradiction between political equality and widening social and economic inequality. Pol...Read More

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