All stories by Mihir S Sharma
Visionary Budget or worse than Pranab Mukherjee's?Rediff.com2 days ago
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
2021 will be under 2020's shadowRediff.com12 Jan 2021
'In the real economy, the scars of the pandemic will continue to define 2021.' 'It is still hard to tell the effect on unemployment, migrant workers, poverty, and the informal sector of the lockdown and of the pandemic,' observes Mihir S Sharma.
COVID-19: Has the first wave peaked in India?Rediff.com19 Oct 2020
We knew from the moment the pandemic took hold that this would be a long haul -- at least 12 to 18 months. Nothing should have changed that assessment, says Mihir S Sharma.
Why is RBI copying US Fed?Rediff.com14 Oct 2020
'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.
Is there anything for India to celebrate?Rediff.com23 Aug 2020
'India resembles not just the more turbulent bits of its own past, but other 'managed' democracies, where all institutional strength and independence have been hollowed out to serve political power,' notes Mihir S Sharma.
Lockdown: Definitely not a 'success'Rediff.com27 Jun 2020
The lockdown should have been used to drum into Indians' head the reasons for social distancing and the necessity for it, and the costs of not applying it in our daily lives and it should have been used to set up the systems that would manage large numbers of infected, observes Mihir S Sharma.
Work from home foreverRediff.com3 Jun 2020
'Employees may well be expected to be on call at almost all times -- much like the standard Indian approach to the workday,' points out Mihir S Sharma.
Humble leaders, pleaseRediff.com21 May 2020
This is one of those crises where it does not only matter that you do something, but how you do it, suggests Mihir S Sharma.
The pandemic's other dangersRediff.com26 Apr 2020
'Every strongman leader is faced with the same opportunity: Harness the increased societal panic to amass more power,' warns Mihir S Sharma.
What the lockdown could have avoidedRediff.com24 Apr 2020
'As 1.3 billion people wait for our prime minister to tell us what to do and then vanish again from our television screens, it is worth noting that this is not how the rest of the world is being led,' points out Mihir S Sharma.
Have you started reading again?Rediff.com18 Apr 2020
It's possible you want to escape the reality of what's happening to the world - countrywide shutdowns, worry and concern, divided politicians
Fiscal stimulus is not the need of the hourRediff.com27 Mar 2020
What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.
The use of violence for political gainsRediff.com17 Mar 2020
'There appears to be no end to the errors that our leaders are willing to commit and no risk they are unwilling to run,' notes Mihir S Sharma.
Should India allow foreign money to finance deficit?Rediff.com26 Feb 2020
'If such inflows materialise, what will be the effect on the rupee's value -- and therefore on exports growth, the only sustainable path to recovery?', asks Mihir S Sharma.
The Republic will always remains aliveRediff.com13 Feb 2020
As long as even one Indian holds aloft Ambedkar's portrait and recites the Preamble, the Republic remains alive, says Mihir S Sharma.
What Modi got wrong about the economyRediff.com18 Dec 2019
'There has been far too much overconfidence about the size and composition of the Indian consumer economy,' notes Mihir S Sharma.
How to revive the real estate sectorRediff.com22 Nov 2019
'The government has to stop trying to fix things for lenders, projects, homeowners and developers and think instead about how to fix the market for houses,' says Mihir S Sharma.
Surely, the PM didn't cancel Taseer's OCI!Rediff.com19 Nov 2019
'That would be ridiculous and uncharacteristic of the PM.' 'It is also not how things happen in illiberal States.' 'In such places, lower-level functionaries of every rank and hue seek to ingratiate themselves with the highest authority by going pell-mell after dissenters and outsiders,' points out Mihir S Sharma.
The Gandhis cannot rule any moreRediff.com4 Nov 2019
The Congress will only survive if it can transform into something more like the BJP used to be: A coalition of strong state leaders held together by shared ideology or personal loyalty, suggests Mihir S Sharma.
How Banerjee-Duflo's economic theory is relevant for IndiaRediff.com15 Oct 2019
For Duflo and Banerjee, an important part of their work has been ensuring that the agency of the "beneficiaries" -- usually, in developing countries like India, poorer individuals -- is put at the centre of any policy design. This is a crucial way in which experimental results are often better than large scale data-based inference, says Mihir S Sharma.