Despite finance minister Arun Jaitley’s good budget the country’s ratings are not likely to change due to subsidies, debt and missing reforms.The budget has in fact slowed the pace of f
After global rating giant Moody’s warning that there were growing concerns about risk of policy stagnation in India and “some disappointment” over the pace of reforms under the Mo
Even as union minister M Venkaiah Naidu today said that government may convene second part of the monsoon session to pass key legislations, rating agency Moody’s Investors Service on Tuesday
The path his government has chosen is one that uses common sense to solve problems, declared prime minister Narendra Modi today. Making it clear that there is no one right way to ma
The crisis of 1991 is the most momentous event I was ever involved in; it is also perhaps when I did the greatest service to my country. But it is also when I met colleagues with sharp knives &ndas
Vinay Sitapati, who teaches at As
For the last one month, India has been wallowing in a cool, scented pool of self-congratulation over the 25th anniversary of economic reform that began in July 1991. But as has been well said, what
Narasimha Rao’s masterstroke was the appointment of Manmohan Singh. One of his closest aides later recalled to me that even as a cabinet minister, Rao always felt that a prime minister should
You can see them around you all the time. They cut across geography, gender, caste, class, community and religion. Almost all of them have tell-tale signs – they are young, generally between
If there is one person from the bureaucracy who has made the biggest contribution in planning and implementing the economic reforms, it has to be Montek Singh Ahluwalia. Commerce secretary at t
It was the former prime minister, Rajiv Gandhi, who first wanted to introduce economic reforms. In the pursuit of that, I saw Rajiv as someone who got himself into what I may call a
THE DIAGNOSIS ‘At the edge of precipice’ 2. The new Government, which assumed office barely a month ago, inherited an economy i
I was still in civil services when economic reforms were introduced in 1991. A more dramatic event around that time [1992] was the demolition of Babri Masjid. In retrospect, one realises ho
Doing away with yet another long-standing tradition, the cabinet has decided to do away with the
Bharatiya Janata Party’s spectacular show in the elections 2017 – especially, the victory in Uttar Pradesh, has put a stamp of invincibility on prime minister Narendra Modi’s pers
Before privatisation and corporatisation, the Indian Railways need to undertake major reforms including commercial accounting, decentralisation and human resource among others, said Bibek Debroy, e
“The support of political parties to reforms depends on which side they sit in the parliament,” said former finance minister Yashwant Sinha while referring to the 1991 economic re
Finance minister Nirmala Sitharaman has announced what is described as ‘Big Bank’ reforms, consolidating the public sector banking by merging 10 banks into four. This will make Punjab N
Prime minister Narendra Modi on Thursday launched a platform for “Transparent Taxation - Honouring the Honest” through video conferencing. Addressing trade and industry b
The notion of a V-shape economic recovery is an exaggeration, and the informal economy and the poor have been terribly hurt during the Covid-19 period, says Gurcharan Das, author, commentator and p
In pursuance of the decisions taken in the National workshop on 23.12.2022, DARPG published monthly report on “Secretariat Reforms” for January, 2023. The Report is available at
Transforming the Steel Frame: Promise and Paradox of Civil Service Reform Edited by Vinod Rai Rupa, 256 pages, Rs 595
In pursuance of the decisions taken in the National workshop on December 23, 2022, DARPG published monthly report on “Secretariat Reforms” for April 2023. Key highlights
