The Indian Economy Blog

Archive for the 'Regulatory reforms' Category

Pragati - The Indian National Interest Review

Monday, August 6th, 2007

Pragati - The Indian National Interest Review is a monthly magazine on strategic affairs and public policy; and is devoted to promoting economic freedom, an open society and realism in international relations. It regularly features articles and essays from many IEB bloggers.
You can download and subscribe to the free digital community edition of the [...]

Wheat Procurement And Derivatives Markets

Wednesday, July 18th, 2007

So the government has done it again. After managing to procure only about 11 million tons out of the targeted 15 million tons from our farmers, the government has gone ahead and imported about half a million tons from the international market at a much higher price. A process which, in its entirety, ends up [...]

Niccolo Explained The Difficulty

Sunday, June 10th, 2007

But India needs to renew its love for rights and freedoms
Jerry Rao’s op-ed in today’s Mint is a must read.
That is why we are forced to ask ourselves: should we not have a political party that is a khullam-khulla defender of markets and an opponent of an intrusive state?
S.V. Raju of the Indian Liberal Group [...]

Protect The Chain, But At What Cost?

Tuesday, May 29th, 2007

Recently the West Bengal West Bengal State Marketing Board chairman Naren Chatterjee had to say this about Metro’s entry into the state, “have heard that they will sell directly to the trade then what will happen to the people in the chain, they will become jobless. We will not allow any one who disturbs the [...]

Helping Indian Farmers

Thursday, April 26th, 2007

Aaditya Mattoo, Deepak Mishra and Ashish Narain, in the Times of India, on the problem and solution for Indian agriculture:
So, here’s the paradox: the hard-working Indian farmer — one of the world’s low-cost producers — is unable to compete globally.
What is hobbling the Indian giant? A recent World Bank study finds that the biggest problems [...]

Surely, FT Can Find Better Columnists On India

Friday, April 20th, 2007

Anyone who writes about there being “two Indias” is necessarily wrong. Anyone who describes India’s jettisoning of the licence raj in 1991 using words like “neo-liberal” is necessarily confused. And anyone who writes about Indian agriculture quoting P Sainath and no one else is necessarily unbalanced. Rajinder Sahota, writing in the Financial Times (they actually [...]

The Unknown Education Revolution in India

Friday, March 9th, 2007

This is an op-ed piece of mine that appeared in the March 8th issue of Mint.
Unknown Education Revolution
There is a silent and telling revolt against the poor performance of government schools
Naveen Mandava
Walking around the hot summer streets of Sangam Vihar—Delhi’s largest [...]

To Market, To Market

Tuesday, February 6th, 2007

Some interesting commentary in the papers this week:
Anantha Nageswaran’s opening salvo, in the newly launched Mint:
Central bankers in most of the developed world have taken that to heart in dealing with financial markets. Financial markets, in theory, have more participants than those engaged in the economic marketplace. Hence, the outcomes of their buying and selling [...]

Introducing Commodity Futures Markets In India

Saturday, January 6th, 2007

Setting up a commodity futures market is the first attempt to reform agriculture
Why have reforms not improved the lot of the Indian farmer as much as it has improved, say, the lot of an educated city dweller? One blogger (can’t remember exactly who) made the point very succinctly. Well, because there has been no ‘reform’ [...]

What Happened To Government Reform?

Tuesday, January 2nd, 2007

TCA Srinivasa-Raghavan puts Prime Minister Manmohan Singh in the dock:
It is also useful to dwell on the imperatives that have been at work. Basically, the public and private thing, for instance in infrastructure, is the result of bad governance. The governments transfer the little money they collect from the cities to the countryside because the [...]

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