Writer

Sanjeev Ahluwalia

32 posts

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External assistance can rescue the economy

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Sanjeev Ahluwalia A little history on economic growth – a major worry – can help to provide perspective to today’s concerns. The incidence of annual downturns in growth (in constant terms) show a marked variance before and after 1990-91 in the Republics econom... More »

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RBI governor Shakti Das does a U-turn

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Sanjeev Ahluwalia Since the government no longer leaks information to the press on what is about to happen, it is tough to figure out whether the unanimous decision to hold the repo rate at 5.15 per cent by the Monetary Policy Committee (MPC) on December 6 has... More »

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Delhi’s persistent dogmas

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Sanjeev Ahluwalia Delhi has yet to overcome its Raj inheritance. The capital exudes the complacence of satiated imperialism, decades after the rest of the country has been democratized.  Two particularly deep-seated Raj dogmas plague Delhi. First, that India h... More »

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Tango in Mamallapuram

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Sanjeev Ahluwalia Two burly, senior citizens – Prime Minister Modi and President Xi doing a tango on the beach at Mamallapuram doesn’t quite evoke the carefully synchronised but fiercely intense passion of this Argentinian dance form. Even the cool looking, at... More »

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Indian economy: The great slide

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Sanjeev Ahluwalia It’s scarier going downhill than climbing to the top. Whilst on the way up, the heavyweight of inertia is known and hence manageable. Going downhill, inertia accelerates descent in unknown ways.  The economy is no different. Flab (public sect... More »

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Who moved my demand curve?

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Sanjeev Ahluwalia Finance Minister Nirmala Sitharaman might well be already thinking of penning a book on how demand vanished the moment she assumed charge.  She faces an uphill task and has to carry the ball of lax governance earlier. We have sat on collapsin... More »

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Arvind Subramanian – a scoot and shoot economist

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Sanjeev Ahluwalia “Shoot and scoot” is a phrase made popular by the Bofors field gun – infamous in India, for the alleged corruption in its acquisition. But a winner in performance. Four decades later, the phrase became applicable to the rock star Governor of ... More »

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The common sense on jobs

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Sanjeev Ahluwalia The recent statistical dogfight around job creation, using data as ammunition was between NITI Aayog intent on proving that there is no slow-down in job creation or more accurately productive work and the CMIE convinced that there has been a ... More »

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Nyay yes! But at what cost?

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Sanjeev Ahluwalia Rahul Gandhi’s electoral silver bullet to numb the BJP into relative disarray is a mega welfare scheme to transfer Rs 72,000 to each of the 50 million or 20 per cent of the poorest households. It costs Rs 3.6 trillion or 1.8 per cent of GDP. ... More »