Related Articles

Authors Name: T.N. Ninan

Re-inventing the Congress

Congress should have long goals, energy, media strategy, good governance to come back to power.

On 21 May 2016

Bofors Redux

Whether it was the Bofors gun in 1986 or Italian helicopters in 2012, a leak or disclosure at the source overseas is like dynamite, and usually impossible to refute.

On 30 Apr 2016

Action vs Planning

Can the targets of achieving high economic growth be achieved without planning?

On 24 Apr 2016

Maritime Failures

India's trade infrastructure is in a bad shape. India's imports are very high than its exports. The government has promised some investments and policies in this sector.

On 16 Apr 2016

Bharat Mata ki jal

The total quantum of water supply has barely improved since Independence, while demand has exploded.

On 27 Mar 2016

Is the Worst over for Banks?

Many stalled projects are about to get going again, providing potential relief to banks

On 19 Mar 2016

Middle Class is among the Better Off, They Need to Pay More

When the state is unable to provide adequately for the bottom half of the population, should it be giving tax benefits to the well-off?

On 05 Mar 2016

Narendra Modi, Mark II

Has Narendra Modi re-set his political sights? What's there in the Budget?

On 29 Feb 2016

Making and Faking

It is true that India is having improvements in the economic fronts. But what are the real numbers? Why does the government say exaggerated numbers?

On 20 Feb 2016

A Modi Index?

One way to do a reality check on the official numbers will be to develop a desi version of what came to be called the Li index in China.

On 06 Feb 2016

Pigs on Two Feet

Is it a tit for tat play going on here between Congress and BJP?

On 30 Jan 2016

Better Ask the Parrot

It may be time to look at the market forecasts that pundits had made earlier.

On 23 Jan 2016

Why BRICS is no Longer a Saleable Idea

The Brics line-up has yielded to a shaky China-India story, with new question marks over China even as India remains a "B+" performer.

On 16 Jan 2016

Double Bubble Trouble

Sustaining anything in the region of 7% growth should be good enough in a troubled and risk-laden world.

On 08 Jan 2016

Ready for a Slowdown?

Are we worse off at the end of 2015 than at the start?

On 25 Dec 2015

Now Corporate Paralysis

Public investment financed by the government's own or borrowed resources do not provide an adequate answer to the problem of relatively low investment.

On 18 Dec 2015

India's Cinderella Syndrome

The last-minute desperation to clear Delhi's air before people choke to death shows India's tendency to not act until the last minute

On 11 Dec 2015

The Sun Gets Bigger

The government should encourage the use of solar energy.

On 04 Dec 2015

Narendra Modi’s Eighteen Months

What is the preogress report of Modi Government? Well, there are some good and bad reports. There are some good projects but the implementation part of it is slow.

On 28 Nov 2015

How Much is Enough?

Post-7th Pay Commission recommendations, the pay being offered now should not be a disincentive for public-spirited people with ability. Can the government afford this hike?

On 21 Nov 2015

The Tax Puzzle

If the surge in tax collections is sustainable, the finance minister has the elbow room to shoot for a fiscal deficit that is significantly lower than the Budget's 3.9 per cent of GDP, or to bump up.

On 13 Nov 2015

Now Focus on the Economy

What the government should is to concentrate on economic issues with diversionary issues being put back in the cupboard.

On 07 Nov 2015

A Conference in Harare

India was to hand over NAM Chairmanship to Zimbabwe, which had gained Independence a few years earlier.

On 03 Nov 2015

Mr Modi and Dr Singh

There must be a way of combining sensible policy, based on a certain worldview and an agenda, with a bias for action.

On 26 Oct 2015

Mr Modi and Mrs Gandhi

Narendra Modi is the first PM after Indira Gandhi with the power and possibly the intention to change the Indian system.

On 16 Oct 2015

The New Dread-word

The new dread-word is deflation. What does this mean for India? This can cause a threat for domestic producers. This is because of the global situation. We can be prepared and by improving efficiency...

On 09 Oct 2015

Now for the Reality Play

What the government needs to do, perhaps, is to spell out an action agenda for the next four months, in the run-up to the 2016 Budget.

On 02 Oct 2015

Surviving in Bihar

Can election change the condition of Bihar? At least improving the transport facilities....

On 26 Sep 2015

Seventh, after Seven

Seven years after the financial crisis, countries have done well. India is also doing well but there is a lot of difference in the programmes announced and how they are implemented.

On 19 Sep 2015

Steel's a Steal

Steel is a basic input for the entire engineering industry (cars, household goods, machinery of all kinds), and for the infrastructure sector (roads, railways, power, real estate, etc). Raise the cost...

On 12 Sep 2015

Street Politics

Will the changes in the names of places and streets be accepted? How should they be named?

On 05 Sep 2015

Ghar Wapsi for Logic

If there is one thing the Census 2011 shows, it's that India will remain overwhelmingly Hindu forever

On 29 Aug 2015

Safety First

Global market is in a turmoil. How can India have a stable economy? There are no easy solutions but to play safe.

On 21 Aug 2015

Don’t Target the Media

It is not correct to blame the media when effective communication suffer. The government will have to recheck its media policies and the distance it has to keep the media.

On 15 Aug 2015

Land Marked by Policy Distortions

Of all the markets in which politicians interfere with prices, the land market is probably the last that will be reformed.

On 08 Aug 2015

Careful with Those Surveys

A survey's design determines its findings; understanding the logic behind measurement is key to interpretation.

On 01 Aug 2015

The Defensive Crouch

China and India have approached trade negotiations very differently: the former with confidence, the latter in a defensive crouch.

On 25 Jul 2015

Banking on Non-solutions

Can state owned banks revive Indian economy? Let's see what the managerial solutions to revive banks show us.

On 18 Jul 2015

The Republican Spirit

Elected representatives should be ready to admit the mistakes which they have done and not flaunt the wealth. They should be sensitive to what is happening around them.

On 11 Jul 2015

A Financial Slave State

Greece is in huge financial trouble. Greece is paying the price for past follies like fictitious national accounts, unsustainable pension programmes, non-existent tax revenues and (the biggest mistake...

On 04 Jul 2015

Wrong Target for Benign Neglect

The school education system needs a desperate overhaul. The human resource development minister in New Delhi be focusing on it too, in the middle of her other pressing concerns.

On 27 Jun 2015

The Frenemy of the People

Politicians have continued taking people for granted and managed to stay above the law.

On 22 Jun 2015

A Noodle-Bowl of Issues

Will those who promote ayurvedic products that have iron as a standard ingredient, get the same treatment as Maggi noodles, or benefit from benign neglect?

On 15 Jun 2015

No Shortage of Money

The new government wants to increase investment in various sectors. The government has funds but the Finance Minister has said about lack of funds in the Budget. Public private partnerships (PPPs) can...

On 17 Jul 2014

Nine years later…

Is the Finance Minister going to do a salvage operation? [BS week end ruminations].

On 27 Feb 2013

Raining problems

Recent history tells us that the growth rate of the economy does not automatically go up and down with good and bad monsoons. [BS Weekend Ruminations]. URL:[http://www.business-standard.com/india/news...

On 18 Jul 2012

The view, outside in

What India has to do to overcome the dents that India has suffered in its international image? India will have to play a delicate game of exercising autonomy in its pursuit of national objectives with...

On 10 Apr 2012

Parliamentary chutzpah

The poverty line deviates from the reality. The government's redefinition is a good thing, but the danger is it won't go far enough. [BS Weekend ruminations]. URL:[http://www.business-standard.com/ind...

On 27 Mar 2012

Not the Remembered Country

The food security Bill's focus ignores changes in agriculture and eating habits. [BS editorial]. URL:[http://www.business-standard.com/india/news/t-n-ninan-notremembered-country/467874/].

On 19 Mar 2012

Penance time

The time has come for the governmant to make up for its sins of the past three years. The Budget must be judged on whether it shows that the govt is in the mood to recognize its follies, and in a posi...

On 05 Mar 2012

Saving Mumbai

What Mumbai needs as a starting point is a city administration that is accountable to the city's residents, and a directly elected mayor, as in all great cities of the world. [BS Weekend Ruminations]....

On 22 Feb 2012

Stop the 'Chindia' talk

While studying the economic growth of the two rising giants of Asia (India and China) it is seen that India is far behind China in many aspects. URL:[http://www.business-standard.com/india/news/t-n-ni...

On 23 Jan 2012

Time for elections

Even though it would be considered politically premature by both the Congress and the BJP – it may be best to think in terms of fresh elections. URL:[http://www.business-standard.com/india/news/t-n-ni...

On 03 Jan 2012

Root Problem: Labour Laws

Delivering the third Business Standard lecture on Thursday night, Raghuram Rajan provided an interesting insight into the reason for high inflation in India. The professor of finance at Chicago, who i...

On 23 Dec 2011

Turning the Tide

If the story earlier was that the number of Maoist-affected districts was increasing, that no longer seems to be true. URL:[http://www.business-standard.com/india/news/t-n-ninan-turningtide/456691/].

On 02 Dec 2011

Poverty Redefined

To ensure that the benefits to the poor go to the really poor, then there has to be proper definitions for poverty and poverty line. URL:[http://www.business-standard.com/india/news/t-n-ninan-poverty-...

On 28 Sep 2011

The Wrong War

In a week when the Reserve Bank of India (RBI) has said that combating inflation is now its primary focus, it is important to ask: is RBI fighting yesterday’s war, instead of peering into the future t...

On 08 May 2011

Our Tahrir Square

The government has alienated the public through months of scandal on a scale not seen till now. URL:[http://www.business-standard.com/india/news/t-n-ninan-our-tahrir-square/431532/]

On 13 Apr 2011

Solutions exist

The press (including this newspaper) has been screaming blue murder about the spectrum scandal from the time it was perpetrated in broad daylight, nearly three years ago. Not only did nothing happen,...

On 10 Feb 2011

Turning on a pin

It is not unknown for politicians to enter office with one set of assumptions, or worldview, and adopt an altogether different one shortly after assuming office. The most recent example is Nick Clegg,...

On 15 Nov 2010

Frontline pay-off

The general assumption in New Delhi’s “strategic community” is that it is in India’s interest for Americans troops to stay on in Kabul. The theory is that the US is doing the hard work that is beyond...

On 11 Nov 2010

Shanghaied, not Bangalored

American jobs are being lost because of outsourcing, to places like Bangalore. So, unlike many other visiting dignitaries, President Obama is going to give that city a careful miss during his three-da...

On 11 Nov 2010

Temptations of power

China is not only on the path to Great Power status, it also means to exercise its newfound muscle. What is difficult to understand is why it wants to behave like a rogue power when the world would wa...

On 05 Nov 2010

Say No!

So, should Delhi bid for the Olympics? Certainly not, if we are to have a repeat of how the Commonwealth Games (CWG) were organised; and of course not, if we are going to try and compete with Beijing...

On 03 Nov 2010

Going private

Many structural changes have taken place in the economy over the past two decades — a greater share for international trade in GDP, higher savings and investment rates, even increased investment in in...

On 01 Nov 2010

Equality or fairness?

A list put out by Forbes India says that India has 69 dollar-billionaires. That gives the country a near 7 per cent share of the world’s billionaires (said to total 1,011), whereas its share of world...

On 27 Oct 2010

Nandan, numbers & national identity

It’s 14 months since Nilekani, now 55, decided to trade the life of a successful techie chieftain for official Delhi, a minefield for any interloper who dares to intrude. Between then and now, Nilekan...

On 26 Oct 2010

Snafu

For all one knows, the Commonwealth Games may go off without a hitch. How much that will repair the damage already done to Brand India is a matter of guesswork. All that can be said just now is that i...

On 18 Oct 2010

Tackle the inflows

An issue that has attracted surprisingly little notice is the size and growth of the trade deficit. Even more worrisome is the flat trajectory for exports — which escapes notice because comparisons ar...

On 24 Sep 2010

Politics for winners

The Gandhi mother-son duo and the prime minister have come down on two sides of the land acquisition/environment debate. Manmohan Singh is focused on delivering 9 per cent economic growth; he sees a c...

On 24 Sep 2010

Evasion at the top

The government gave out some interesting numbers on Monday. The revenue secretary told a news conference that nearly 96 per cent of the 32.5 million who pay income tax reported a taxable income of und...

On 14 Sep 2010

'Follow the money'

This editorial is about understanding the mining business in the state of Orissa by following the money.

On 30 Aug 2010

Crores or millions?

This editorial is about the debate on globalising the way money is counted in India.

On 26 Aug 2010

A darker mood

This editorial talks about how the country's mood is darker than it was a year ago.

On 16 Aug 2010

Enclaves ahoy

This article explores the question of why India cannot score greater success in manufacturing, especially the export of manufactured products. In conclusion it suggests enclave solution as the answer.

On 09 Aug 2010

1951 redux

A sports extravaganza is supposed to be a “coming out” party for the host country. Tokyo hosted the Olympic Games in 1964, timing it with the introduction of that new wonder of the world, the Shinkans...

On 03 Aug 2010

'Cause I'm the taxman

This piece is a discussion of the pros and cons of incomes tax, and the people who administer it, initiated on the occasion of Income Tax Day.

On 03 Aug 2010

Not a matter of choice

This editorial questions whether the two values freedom and liberty can come together?

On 19 Jul 2010

Unintended consequences?

The Reserve Bank of India (RBI) seems to have decided, somewhat belatedly, to fight for its own autonomy. Well, it’s better late than never, and there is much to recommend in the suggestion by RBI to...

On 14 Jul 2010

The fairest of them all?

The Ambanis have a formidable business reputation, with skillful media management to match. There is a constant stream of newspaper column inches given over to writing about their business growth, dea...

On 06 Jul 2010

Board seat, anyone?

This editorial is about the difficulty of finding suitable candidates for board seats.

On 28 Jun 2010

How they don't deal with it

This article deals with the arrest of chief executive of BP, Tony Hayward, on the charge of “culpable homicide reducible to criminal negligence”.

On 21 Jun 2010

Tragedy as farce

One of Marx’s more commonly quoted aphorisms is that “History repeats itself, first as tragedy, second as farce”. There are few countries where that could be truer than India—as the Bhopal case shows....

On 14 Jun 2010

After 7 years of 8.3%

This editorial piece talks about the changing scenario of India's Economic Growth. There was a time when the Association of South-East Asian Nations (Asean) would look with mild disdain at an India th...

On 14 Jun 2010

End of Union Raj

This article talks about the rampant trade unionism which is on the verge of fading with reference to the recent short lived strike by Air India employees and many such cases.

On 31 May 2010

All the PM's men

In this article TN Ninan looks at the how the 15 economic ministers have performed. He starts with the finance minister whose record seems very patchy as he has not been able to deal with inflation an...

On 27 May 2010

Which Asia?

Is Asia a cohesive analytical unit in any practical sense?

On 17 May 2010

Now for the Hard Part

Cutting the deficit this year was the easy part; the real fiscal challenge lies ahead

On 03 Mar 2010

Why Bihar is Poor?

Bihar has achieved double-digit economic growth over the past five years is a wonder

On 21 Jan 2010

Many Poverties

Discusses about the different poverty measuements.

On 22 Dec 2009

Think the Future

The time may have come to stop thinking of five-year plans, and to focus instead on 10- and 20-year scenarios.

On 23 Nov 2009

No One Barked

No reponse form the policies that the government is announcing

On 20 Nov 2009

Public Pain, Private Gain

If a private sector partner goes wrong on business assumptions, it should not be the government or the consumer who pays

On 09 Nov 2009

2 headaches, 1 solution

The government simply has to find a way to deliver the basics. That is what will defeat the Maoists and hold off China.

On 27 Oct 2009

Warming to Hope

Did you know that there has been no warming of the globe over the past decade?

On 16 Oct 2009

Poverty Vs Inequality

Are economic reforms and the greater role of markets responsible for growth being anti-poor and anti-equality, or is it the failure of governance in poverty-ridden states like Bihar and Jharkhand that...

On 22 Sep 2009

End of the Recession

The best economic news of the past two years can be that the worst recession in 80 years may be over.

On 31 Aug 2009

The Sunny Indian

If recent survey data are to be believed, Indians are among the most optimistic people on earth.

On 23 Jun 2009

A Roof Over One's Head

Owning a house has become very costly now. If more land were thrown into the market, home ownership will not be a deam for the majority.

On 19 Jun 2009

How to Deal With Scams

A large scandal hit company has found a buyer despite the matter that its accounts were all fictious.

On 27 Apr 2009

Sins of Omission

The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.

On 19 Apr 2008

Sins of Omission

The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.

On 19 Apr 2008

Above our Weight

The political strategies of India and China

On 11 Feb 2008

Who Can Rule?

As the title of the article says, the question asked here is who can fight terrorisn in Pakistan?

On 21 Jan 2008

Russian Roulette

About different games to see whether the affected player or team to appeal against the wrong decision to a higher authority.

On 09 Jan 2008

Advice for Ms Gandhi

Congress party has to find out why the aam aadmi has deserted the party? There are some advice to Sonia Gandhi which she will not get from her advisors.

On 31 Dec 2007

PPP at Work

Two years later Delhi will have an airport that can handle 40-50 million passengers-making it one of the 10 largest in the world. And it will have been built in barely half the time that it took Singa...

On 19 Dec 2007

De-couple from China

Chindia isa word that came up recently. There are comparisons between the two countries about their economic growth. But there are differences between the two countries.

On 13 Dec 2007

HDI in Context

The United Nations Development Programme has just put out its latest Human Development Report, containing the human development index (HDI) for 177 countries, with the data being for 2005. India ranks...

On 03 Dec 2007

A Success Story

India's economic reforms are evaluated.

On 26 Nov 2007

Beyond the Present

A large number of home-grown businessmen and international firms are looking well beyond the next quarter and looking long-term at what the future will be, and making sure that they will be a part of...

On 06 Nov 2007

The beast in us all

The tragedies and discrimination that happen in our country in the name of caste shows that there is a beast in all of us.

On 06 Nov 2007

Scissors Crisis

As the rupee has climbed against the dollar, the impact on big firms, small and medium sized software firms, are outlined. There is a “scissors crisis” of revenue under downward pressure because of ch...

On 22 Oct 2007

A Hostage in Office

What is the position of the Prime Minister among his Cabinet colleagues after signing the nuclear deal with the US?

On 15 Oct 2007

Between Stools

Different options that RBI and government must decide regard to future inflows of international capital to India.

On 08 Oct 2007

The 40:40 Team

Some of the company managers tune their business strategy to match the quarterly cycle of results announcements. Rapidly growing economies will deliver such high valuations, and many of them will be s...

On 01 Oct 2007

Missing the Bus

Government has done a lot for the development of textile industry. But India is not at all doing well in the international markets compared to countries like China and Bangladesh. Government has not d...

On 24 Sep 2007

Going ethical

Many companies have realized the need to talk of, and do something about, corporate social responsibility (CSR), but in many cases this is merely CPR: corporate public relations. The correct thing for...

On 17 Sep 2007

Where are the SOPs?

Need for SOPs (standard operating procedures) in many government departments can be seen form the maintenance of cities in India. Many unplanned decisions have caused difficulties to pedestrians. It h...

On 10 Sep 2007

What can be...

Examples of various initiatives for e-governance from Gujarat, Andhra Pradesh and Karnataka are given. The application of RFID (Radio Frequency Identification) technology in different sectors can impr...

On 04 Sep 2007

Get a Life!

The life of an investment banker in New York who is dealing in the collateralised debt obligation (CDO) market.

On 28 Aug 2007

A Change of Mood

There is a change in the financial scenario. Any sustained bout of fair weather on the markets creates business excesses as investors and consumers start discounting risk more and more. So it is healt...

On 20 Aug 2007

Contagion Again?

Financial contagion is dangerous because you don’t know where it will hit, and how hard. Every country has to remmber this and make arrangements so that a criris does not repeat as happenend in 1997 (...

On 13 Aug 2007

Better Than the Rest

India’s good economic performance and friendlier ties with important countries that have been either distant or hostile, is achieved by a leader with whom the country can feel at ease. But Dr. Manmoha...

On 06 Aug 2007

De-risking the System

The advent of political uncertainties has led to questions about poor governance which can lead to economic under performance.

On 31 Jul 2007

The Real Numbers

The macro-economic numbers put out by the official statistical systems do not capture the full underlying reality because of a variety of accounting fudges and delayed decisions. Taken in its totality...

On 30 Jul 2007

Inflection Point

Rupee has to be depreciated so that the rural small scale sector enterprises and also the urban employment providers like the BPO sector are not affected.

On 16 Jul 2007

Think Productivity

Export growth and rate of increase in bank credit have slowed down, oil prices are very high, becasuse of the interest rate hike, housing demand has reduced. Even though Sensex has crossed 15000, GDP...

On 10 Jul 2007

Weekend Ruminations: Clarity, not emotion

Now that President Hu has finished a visit that is generally seen as having been useful but less than a triumph, and has hopped across to Pakistan to announce a free trade pact and faster growth in tr...

On 26 Nov 2006

Buying spree

It is astonishing, and entirely unpredicted, that India’s outbound investment should begin to rival inbound FDI. The numbers quoted in a full-page report by the Financial Times earlier this week say t...

On 07 Oct 2006

Cautionary tale

Investors in today’s India should not need to seek escape from poor infrastructure and irrational labour laws, in special zones; rather, the underlying problems should be tackled in the country as a w...

On 01 Oct 2006

Take-off

The world economy is slowing down, the commodity sector is headed for bleaker times, the downswing phase of the business cycle could see problems emerge that are hidden during the good times, protecti...

On 01 Oct 2006

Wrong focus

If business gains at the expense of other stake-holders (consumers, the tax department, farmers), economic benefits get captured by a small minority at the top of the pyramid. Even without skewed poli...

On 01 Oct 2006

Who's in Crisis?

If one might attempt a hypothesis, it would be that India’s communist parties would like to adjust to the reality of the day by giving up their old identities and becoming social democratic parties, b...

On 01 Oct 2006

Make it a Habit

Dr Singh in fact has a rare blessing: alone among all governments of the past four decades, his government is not faced with a mid-life crisis; all that it needs to do is avoid mid-life paralysis. And...

On 19 Aug 2006

Wrong Attire

Why has India’s fashion fraternity, and indeed the official government system, not worked out a formal male attire that is suitable to the country’s mostly tropical climate, and at the same time appro...

On 03 Jun 2006

A Lucrative Career

Why is politics a hereditary business in India, unlike most other democracies?

On 01 Jun 2006

And Now a Car Story

The country’s export of automobiles has grown faster than software over the last four years. it does look as though automobile manufacture will be a new arrow in the country’s quiver. [Editorial . B...

On 03 May 2006

And Now a Car Story

It does look as though automobile manufacture will be a new arrow in the country’s quiver. This may be hard to believe, when one looks at the strengths of the automobile industries in the US and Japa...

On 03 May 2006

Weekend Ruminations: Casting for jobs

The reality of caste representation in the corporate sector may not be out of line with what the government would like.

On 23 Apr 2006

Land of Opportunity?

While the last 15 years have seen a flowering of enterprise because of the opening up of the Indian economy, today’s more open trading and investment system (which allows the big international players...

On 16 Apr 2006

Weekend Ruminations: Land of Opportunity?

While the last 15 years have seen a flowering of enterprise because of the opening up of the Indian economy, today’s more open trading and investment system (which allows the big international players...

On 16 Apr 2006

Free TV

If the DMK’s seemingly outrageous promise of a free TV set makes people sit up and look at the issue from ground level up, why, we may finally tackle our subsidy problem!

On 09 Apr 2006