T N Ninan

All stories by T N Ninan

Bangladesh may overtake India this year

Bangladesh may overtake India this year

Rediff.com2 days ago

Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon, T N Ninan points out.

Will Modi's second push on economy succeed?

Will Modi's second push on economy succeed?

Rediff.com19 Oct 2020

There will be uncertainty about outcomes,but one must hope for the best, observes T N Ninan.

Standoff with China a WAKE-UP CALL for India

Standoff with China a WAKE-UP CALL for India

Rediff.com2 Oct 2020

'The border stand-off and the uncertainties that come with it should be a wake-up call on what makes for real rather than illusory power,' observes T N Ninan.

PM Modi, you have time on your side

PM Modi, you have time on your side

Rediff.com24 Sep 2020

The last three prime ministers who served full terms started out in their early 70s. Mr Modi is younger and fitter than all of them. But he needs to find it in him to change course if he is to beat the odds, notes T N Ninan.

What economic crisis will do to India

What economic crisis will do to India

Rediff.com21 Sep 2020

'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.

Why Modi leaves difficult issues alone

Why Modi leaves difficult issues alone

Rediff.com4 Sep 2020

When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.

Time for Modi to use India's market size as a weapon

Time for Modi to use India's market size as a weapon

Rediff.com27 Aug 2020

Opening up India's market to neighbouring countries can be as strategic as access denial to others. The game should be played both ways, even if it upsets domestic business lobbies, observes T N Ninan.

How can Modi rescue the economy?

How can Modi rescue the economy?

Rediff.com21 Aug 2020

The government may have to resort, eventually and however unwillingly, to printing money, abandoned as policy and practice in the 1990, predicts T N Ninan.

NEP's thrust on mother tongue: The fate of English

NEP's thrust on mother tongue: The fate of English

Rediff.com11 Aug 2020

'With English the most rapidly growing medium of instruction in India's schools and accounting now for more than one-sixth of the total (next only to Hindi, which accounts for a half), India is not about to turn its face away from a language that has global currency,' notes T N Ninan.<

Why BJP wants Rajasthan so badly

Why BJP wants Rajasthan so badly

Rediff.com8 Aug 2020

To snatch a state government out of Congress hands is therefore a high-stakes game with national political implications, for it denies the party the essential fuel to run effective election campaigns, notes T N Ninan.

How can we take on the Chinese with our defence budget?

How can we take on the Chinese with our defence budget?

Rediff.com28 Jul 2020

Among the handful of countries with large defence budgets and armed forces, India is matched only by Saudi Arabia in the level of its import dependence. For revenge to be served cold, go beyond import bans and correct these long-term failures -- if we're up to it, notes T N Ninan.

Borders are derived realities, not autonomous facts

Borders are derived realities, not autonomous facts

Rediff.com8 Jul 2020

'Manmohan Singh's fond hope of avoiding conflict over territory by 'making borders irrelevant' is increasingly difficult to realise in a world where institutional restraints on aggression are weakening and the new game in town is unalloyed power play,' notes T N Ninan.

Does Modi Mean Business?

Does Modi Mean Business?

Rediff.com25 Jun 2020

'Anyone can string together a few alliterative words, but are they a substitute for serious thought?' 'And do they make for a strategy or plan for coherent action?' asks T N Ninan.

2 out of every Rs 5 the govt spends is borrowed money

2 out of every Rs 5 the govt spends is borrowed money

Rediff.com18 Jun 2020

When emerging from this crisis, the govt must consider a fresh approach to reviving growth, revisiting the Centre-state fiscal balance, and devising a re-imagined GST 2.0, suggests T N Ninan.

How Mukesh Ambani re-invented Reliance again

How Mukesh Ambani re-invented Reliance again

Rediff.com1 Jun 2020

Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.

Is Rahul Gandhi misfiring again?

Is Rahul Gandhi misfiring again?

Rediff.com23 May 2020

'Rahul Gandhi's recent video performances offer little hope - the first fell flat in attacking government 'strategy'; the second showed him in a position unbecoming of a leader,' argues T N Ninan.

What the future holds for the economy

What the future holds for the economy

Rediff.com22 May 2020

Will people buy as many cars as before if more office-goers are working from home? How much existing office space in commercial buildings will become surplus, and what will that mean for the construction industry, asks T N Ninan.

There is simply no escape from printing money

There is simply no escape from printing money

Rediff.com29 Apr 2020

'This is not without risk because extraordinary steps taken in exceptional times have the habit of becoming habits until the next crisis intervenes,' warns T N Ninan.

Modi wants to be a war-time PM

Modi wants to be a war-time PM

Rediff.com20 Apr 2020

'Now Mr Modi has been offered a more real but different kind of war, which he has likened to the Mahabharat,' notes T N Ninan.

The economy is in crisis

The economy is in crisis

Rediff.com16 Apr 2020

'We may have moved back three decades on the fiscal situation,' notes T N Ninan.

COVID-19 has exposed India's strengths, weaknesses

COVID-19 has exposed India's strengths, weaknesses

Rediff.com6 Apr 2020

India did not create the problem. But if it had a better functioning government system, it would have been able to deal with it at lower cost to its citizens, explains T N Ninan.

Only Modi can do this

Only Modi can do this

Rediff.com3 Apr 2020

Only a leader with sufficient moral authority with voters can pull off such experiments, notes T N Ninan.

The financial world is a dangerous place

The financial world is a dangerous place

Rediff.com1 Apr 2020

Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.

When will Modi privatise railways?

When will Modi privatise railways?

Rediff.com18 Mar 2020

'The new trains should be fast, but the roll-out of the privatisation plan should be slow and well-considered,' recommends T N Ninan.

Economy: Are shoots of recovery visible?

Economy: Are shoots of recovery visible?

Rediff.com16 Mar 2020

'While growth will bounce back from the current sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6 per cent,' notes T N Ninan.

What Modi needs to know about economic problems

What Modi needs to know about economic problems

Rediff.com9 Mar 2020

'As the 1991 experience showed, the solution to a large trade deficit may be to open up the economy, not putting up protective walls,' points out T N Ninan.

Why do economists like Raghuram Rajan leave India?

Why do economists like Raghuram Rajan leave India?

Rediff.com4 Mar 2020

The ones who came more recently were clutching the green cards that gave them an escape hatch through which to return to green pastures: Arvind Panagariya, Raghuram Rajan, Arvind Subramanian and other perfectly honourable gentlemen like them, points out T N Ninan.

Why only 15 million Indians pay tax

Why only 15 million Indians pay tax

Rediff.com25 Feb 2020

Mr Modi should be conscious that it was his choice to slash the number of tax-payers from 60 million to 15 million, notes T N Ninan.

Why the current slowdown is more serious

Why the current slowdown is more serious

Rediff.com20 Feb 2020

'What is unusual about the current period of slow growth is that it has come without an external driver -- high oil prices and/or successive monsoon failures -- as was the case with all previous periods of slowdown, going back 50 years, notes T N Ninan.

When will Modi's priorities shift to the economy?

When will Modi's priorities shift to the economy?

Rediff.com10 Feb 2020

'It is almost certainly wrong in assuming that the Modi government will use its strong mandate to undertake some serious reform measures.' 'For it is fairly clear that the government's priorities lie elsewhere, in the powerful home minister's domain,' notes T N Ninan.

The Problem With Budgets...

The Problem With Budgets...

Rediff.com1 Feb 2020

'There is a time for lowering one's expectations of the economy -- and therefore not trying to do too much in the Budget,' notes T N Ninan.

Budget 2020: What Nirmalaji must focus on

Budget 2020: What Nirmalaji must focus on

Rediff.com23 Jan 2020

'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.

Nirmalaji, time has come to modernise Budgeting

Nirmalaji, time has come to modernise Budgeting

Rediff.com8 Jan 2020

'The finance minister in her Budget speech should spell out how exactly she intends to get back to the 7% track, and the hard decisions she intends to take in order to adjust to the realities of a slowing economy until growth momentum returns,' suggests T N Ninan.

4 mistakes Modi made with GST

4 mistakes Modi made with GST

Rediff.com3 Jan 2020

'Perhaps GST was too complex a system for the Indian economy at its present stage of development,' argues T N Ninan.

For Modi, politics trumps the economy

For Modi, politics trumps the economy

Rediff.com26 Dec 2019

Perhaps the calculation is that economic recovery will have been achieved before the next general election comes around, but such assumptions can come unstuck if current directions are not reversed quickly, cautions T N Ninan.

Nirmalaji, don't waste this chance!

Nirmalaji, don't waste this chance!

Rediff.com10 Dec 2019

'When growth drops precipitously from 7% to 4.5% in four quarters, it is for all practical purposes a recession' notes T N Ninan.

How Modi and Kejriwal are strikingly similar

How Modi and Kejriwal are strikingly similar

Rediff.com27 Nov 2019

'Mr Kejriwal is almost exactly the package that Mr Modi offers: Personal aggrandisement, the building of a personality cult through full-page newspaper ads day after day, populist schemes involving subsidies (whether affordable or required), abandonment of secular principles, exaggerated claims and no checks on leadership,' points out T N Ninan.

Can India get to $5 trillion?

Can India get to $5 trillion?

Rediff.com20 Nov 2019

'There is a fiscal crisis building up, which might become apparent when the Finance Commission presents its report,' warns T N Ninan.

Staying out of RCEP will come at a cost

Staying out of RCEP will come at a cost

Rediff.com5 Nov 2019

It became increasingly clear that the real negotiations the government had to conduct were with Indian business which was wary of yet another free trade agreement, points out T N Ninan.

6% growth rate looks like optimism

6% growth rate looks like optimism

Rediff.com30 Oct 2019

'Growth would have to be 7% in the October-March period, if the year as a whole is to clock 6%.' 'Who would bet on that when, in the world of real numbers, both exports and imports have continued to fall, car sales have continued to slump, and the industrial production index shows yet again a drop in output?', asks T N Ninan.

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