Ajit Ranade

Stories By Ajit Ranade

The road to a five trillion economy is hazy

The road to a five trillion economy is hazy

It’s basically five followed by twelve zeros, a number large enough to make your eyes glaze over.

Budget 2019 View: Fiscal constraint prevents stimulus

Budget 2019 View: Fiscal constraint prevents stimulus

The interim budget in February gave a substantial stimulus to the taxpayer. Almost three crore taxpayers moved out of the net, as the min...Read More

Digital India’s bedrock is telecom

Digital India’s bedrock is telecom

The telecom revolution of India is truly a breath-taking case study for policy makers and business schools.

Engines of economy need urgent attention

Engines of economy need urgent attention

The latest monthly economic report of the Department of Economic Affairs of the Finance Ministry has some worrying trends. The economic g...Read More

An agenda for the first hundred days

An agenda for the first hundred days

In less than a month we will have elected the seventeenth Lok Sabha. The seat tally across parties will determine who gets to form the ne...Read More

Can we afford NYAY, and is it practical?

Can we afford NYAY, and is it practical?

The Congress party announced that if elected to form the next government, it would implement a Nyuntam Aay Yojana (NYAY), which will tran...Read More

Freebie bonanza may lead to fiscal austerity

Freebie bonanza may lead to fiscal austerity

The ball has been set rolling for the biggest election of the world. About 900 million voters will go to a million booths to elect 545 me...Read More

Can technology help with cleaner elections?

Can technology help with cleaner elections?

The Supreme Court recently rejected a petition which asked that “criminal” candidates be disqualified from contesting elections. These ar...Read More

Primer on the failing economy of Pakistan

Primer on the failing economy of Pakistan

The Pulwama terrorist attack was mind-numbing brutality. Jaish-e-Mohammed has claimed responsibility, and it operates from Pakistan. The ...Read More

Coping with India’s water stress

Coping with India’s water stress

We are still three months away from the national elections. Pundits say that elections are always about the economy. The recent Union Bud...Read More

Budget that addresses rural and farm sector

Budget that addresses rural and farm sector

There was much drama involving economic data on the eve of the budget. Firstly, the remaining two independent members of the Statistical ...Read More

Reservations may turn out vacuous

Reservations may turn out vacuous

The Parliament of India passed a constitutional amendment which modifies articles 15 and 16 of the Constitution. This is to provide reser...Read More

A global slowdown might be inevitable

A global slowdown might be inevitable

The year began with great optimism about economic growth. The previous year i.e. 2017 had concluded with actual growth beating earlier es...Read More

The farmer who cried for economic freedom

The farmer who cried for economic freedom

This December 12 is the third death anniversary of Sharad Joshi, founder of the Shetkari Sanghatana, the farmers’ organisation. At a time...Read More

Court disappoints in not debarring lawbreakers

Court disappoints in not debarring lawbreakers

The right to stand for elections is neither a divine nor a human right. It is not even a fundamental right as per the Constitution of Ind...Read More

Grapple with the rupee & oil but don’t panic

Grapple with the rupee & oil but don’t panic

The big news this week was on two key prices. One is the price of the almighty dollar, and the other is the price of petrol (or diesel). ...Read More

Sustaining the growth pace will be challenging

Sustaining the growth pace will be challenging

The government releases official data on quarterly growth of national income, with a time gap of exactly two months. On August 31, it rep...Read More

The meaning of the falling Rupee at 70

The meaning of the falling Rupee at 70

When the exchange rate between the US dollar and the Indian rupee crossed 70, the headlines screamed “the rupee hits an all time low”. Th...Read More

Too many deficits to bridge in modern era

Too many deficits to bridge in modern era

It is received wisdom that prior to the era of liberalisation, the Indian economy was a story of chronic shortages. This was the fate of ...Read More

Heeding IMF and RBI voices of caution

Heeding IMF and RBI voices of caution

Two important bodies have sent out voices of caution on the Indian economy in recent days.  The International Monetary Fund (IMF) has rev...Read More

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