Ajay Shah

All stories by Ajay Shah

It will take India 600 days to vaccinate 1 billion people

It will take India 600 days to vaccinate 1 billion people

Rediff.com15 Apr 2021

The data gaps are inhibiting sound decisions. We need to know seroprevalence, infection, and vaccination rates. This is required in 200 cities of India, every week, suggests Ajay Shah.

Keeping Govt away from the Covid vaccine

Keeping Govt away from the Covid vaccine

Rediff.com14 Dec 2020

The Indian State has low operational capabilities. Individuals will have concerns about material that flows through the government, on questions of purity, perfection of the cold chain, and correctness of procedures at the frontline. Even if a government programme is able to solve all these problems, it will be limited in scale-up. The passion, management capabilities, and response to local conditions, which will be found with tens of thousands of ground-level initiatives, Individuals will have concerns about material that flows through the government, on questions of purity, perfection of the cold chain, and correctness of procedures. Even if a government programme is able to solve all these problems, it will be limited in scale-up, argues Ajay Shah.

What kind of economic recovery will we have?

What kind of economic recovery will we have?

Rediff.com24 Nov 2020

The only path to recovery of the economy lies in profit growth that triggers off employment growth, and finally investment, notes Ajay Shah.

Why govt MUST use private healthcare to fight COVID-19

Why govt MUST use private healthcare to fight COVID-19

Rediff.com31 Mar 2020

'Most of the testing capacity in India is in the private sector.' 'Whether it is the established RT-PCR test for COVID-19, or it is other innovations in testing that are now coming up, all these are fully within the capabilities of the private sector.' 'Health policy should harness these capabilities,' says Ajay Shah.

Magic pill to revive growth

Magic pill to revive growth

Rediff.com4 Mar 2020

How do we get back to higher trend growth? The heart of the problem lies in private corporate investment, recommends Ajay Shah.

What Nirmalaji said and meant

What Nirmalaji said and meant

Rediff.com23 Jul 2019

'A buoyant market economy is one which is led by the innovation and imagination of private persons,' notes Ajay Shah.

If GDP is over-estimated, the tax targets are too high

If GDP is over-estimated, the tax targets are too high

Rediff.com13 Feb 2019

'We get an overzealous army of tax inspectors pushing the economy too hard,' says Ajay Shah.

NBFCs are not banks!

NBFCs are not banks!

Rediff.com9 Jan 2019

'We are all in a tizzy about NBFCs in the aftermath of the IL&FS default.' 'We tend to jump to the notion that an NBFC is like a bank. But banks make a promise that deposits are liquid and have an assured return.' 'NBFCs make no such promises,' points out Ajay Shah.

How RBI can prevent PNB-like frauds

How RBI can prevent PNB-like frauds

Rediff.com15 Mar 2018

'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.

Are our hard earned money safe under the new banking bill?

Are our hard earned money safe under the new banking bill?

Rediff.com18 Dec 2017

The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.

Rs 1.35 trillion bank bailout: 6 Qs for Jaitley

Rs 1.35 trillion bank bailout: 6 Qs for Jaitley

Rediff.com6 Nov 2017

Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.

Modi, Jaitley must fix the economy jat pat!

Modi, Jaitley must fix the economy jat pat!

Rediff.com25 Sep 2017

'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.

How India can emerge from the economic slump

How India can emerge from the economic slump

Rediff.com14 Aug 2017

A way out of the economic slump is to revisit the template of 15 years ago and follow its constituents, recommends Ajay Shah.

Why Donald Trump's visa reforms are not all that bad

Why Donald Trump's visa reforms are not all that bad

Rediff.com30 Mar 2017

To the extent that body shopping is replaced by true offshoring, everyone is better off, says Ajay Shah.

Mr Jaitley, when will you fix the economy?

Mr Jaitley, when will you fix the economy?

Rediff.com17 Feb 2017

'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.

Time to worry about India's economic future

Time to worry about India's economic future

Rediff.com18 Jan 2017

'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.

Why Indian banks have failed miserably

Why Indian banks have failed miserably

Rediff.com30 May 2016

The size of the hole in today's banking crisis appears to be roughly 10 per cent of GDP.

Why do we need to worry about e-commerce start-ups

Why do we need to worry about e-commerce start-ups

Rediff.com2 May 2016

There is ample fuel in the computer revolution to do many useful things.

India's fiscal policy has to become more conservative

India's fiscal policy has to become more conservative

Rediff.com9 Mar 2016

India's economy is not like Western ones, and thus needs restrained fiscal policy even during a recession, says Ajay Shah.

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