T N Ninan: Flat-lined exports are impeding India's economic mo...

'Milking poorly performing or easily marketable assets is the way to deliver more money for key programmes,' says T N Ninan. Illustration: Uttam Ghosh/Rediff.com There is a paradox at the heart of the Narendra Modi government’s five Budgets. Growing numbers of taxpayers have been coughing up vast sums as taxes, but government expenditure has grown all too little, and failed to keep pace with the growth of the economy. The result is that key government programmes find their outlays barely ...

That is the number for job creation that India needs to achieve, argues T N Ninan.Illustration: Uttam Ghosh/Rediff.com There is no shortage of surveys on India's employment situation at a time when the government has turned its attention to the challenge of creating enough jobs. Taken together, the surveys present different numbers but with a generally common message: That not enough new jobs are being created. As for a specific number, there is only one on which there seems to be complete ...

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'There is merit in appointing people with ability and energy, then leaving them to do the job.''The Modi government would have had a better record if it had stuck to this formula from the beginning,' argues T N Ninan. Illustration: Uttam Ghosh/Rediff.com If a prize had to be given to the most effective ministers in the Narendra D Modi government, with the focus on those in charge of what one might call the 'executive' rather than 'policy' or purely 'administrative' ministries, the first would ...

Finance ministers from the southern states will discuss their concerns on the terms of reference of the 15th Finance Commission in Thiruvanathapuram on Tuesday.'Every Finance Commission creates its winners and losers' point out T N Ninan. IMAGE: TDP MPs, including former civil aviation minister Ashok Gajapathi Raju, protest outside Parliament demanding special status for Andhra Pradesh, March 9, 2018. Photograph: Kamal Singh/PTI Photo Does the South protest too much? Southern state chief ...

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'There appears to be no relation between a government with a majority and GDP growth as the stock market and its analysts seem to fear.''The weakest period of economic growth in the last 15 years has come in a time when we have had a government with an absolute majority, and at a time when the global economy is roaring,' says Aakar Patel.Illustration: Dominic Xavier/Rediff.com 'Hung Parliament' is a phrase that terrifies the stock market. The thinking is that our economy needs strong and ...

'Else they will form a growing 'hospital sector' -- and the taxpayer will be asked to pick up a mounting bill,' warns T N Ninan. Illustration: Uttam Ghosh/Rediff.com Privatisation in India happens at the level of markets, not enterprises. All too few companies have been privatised, like Hindustan Zinc and the now defunct Modern Foods. In contrast, many markets have been conquered by the private sector once it was let in through the door. And it did so almost always by besting the incumbent ...