Page 3 - Ajay Chhibber

India's Interventionist State: Bolster govt capability, reform management

Building state capability is not an easy process, especially in a democratic setup

India's interventionist state: Reduce its scope, increase capability

Govt is increasingly keen to deliver even specific items like toilets, water, gas cylinders, where it can show the beneficiary immediate results. This new welfarism helps win polls but not development

Economy: Between a rock and a hard place

The government unveiled a series of half-hearted measures to address it and kept kicking the can down the road

Here's how Make in India can truly work

PM will surely exhort Davos crowd this month to come help make New India. 'Make in India' is great slogan, but more of what we buy, or what the rest of the world buys is not yet being 'Made in India'

Empire and extraction

Shashi Tharoor's history of the colonial era will reignite thinking on the nature of British rule in India

Ajay Chhibber: Redoing the fiscal math

Given the key role of states and PSUs in the economy, the panel that is reviewing FRBM Act must examine the broader public sector's finances, and not focus purely on the Centre's fiscal deficit

Ajay Chhibber: Reviving private investment is key

Sustained GDP growth of eight to nine per cent will be possible only if India's investment rate, which has dropped below 30 per cent, climbs back above 35 per cent

Ajay Chhibber: Opportunity to make up for lost time

India's economic team must get less conservative and improve co-ordination

Ajay Chhibber: Five game-changers in the Budget

Incrementalism can only work if subsequent Budgets and opportunities in between Budgets are used to reform as well

Ajay Chhibber: A Budget, not a moon shot

The Budget wisely refrained from excessive ambition - but it prepared the ground for lift-off later

Ajay Chhibber: Laying the foundation for take-off

What are the reforms needed in 2015 to help achieve eight per cent-plus growth?

Ajay Chhibber: How to improve the welfare state

Make schemes mobile and portable, by focusing on people and not products

Ajay Chhibber: Stop talking about monetary policy

The Reserve Bank of India can affect neither growth nor inflation. Keep the focus on real-sector reform

Ajay Chhibber: Poor public services, India's Achilles heel

A seven-point agenda to fix India's public services, and overcome poorly designed systems

Ajay Chhibber: Restoring India's bloom

Ajay Chhibber: India's missed reforms

Unlike China, India did not reform its bureaucracy and administration, and is now paying the price for this in terms of reduced growth

Ajay Chhibber: India's inflation puzzle - not just a matter of supply, but also of demand

Food inflation must be managed by supply-side factors, but on the demand side the burden must not be on monetary policy alone - fiscal policy must play a key role as well

Ajay Chhibber: Fiscal policy is the key

A winning combination

In India, a storm is brewing

Rising CAD, low growth & inflation may spark off an economic disaster