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 Privatisation
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Zero credibility
Published on : Saturday, January 15, 2011
When Mr Sibal claims zero loss, in relation to the pricing of spectrum I'm afraid he carries zero credibility. He repeats Mr Raja’s claim that his decisions had the approval of the prime minister and other ministers concerned, including the then as well as current finance minister. It is precisely because private parties got the benefit that the taxpayer could have got that there have been charges of large-scale revenue loss, writes T N Ninan in Business Standard.
CWG is govt failure, private sector success
Published on : Sunday, October 10, 2010
Though many critics complain that the Commonwealth Games are a big failure, globally it is seen as a major success story. It is a story of a mix of market success and Government failure.It gives an accurate representation of India. GMR along with two partners won an international bid for a new airport at Istanbul, Turkey, which represents global competitiveness. China's success was largely driven by the Government, though in India, the private sector played a huge role, writes Swaminathan Anklesaria Aiyar in The Economic Times.
Privatise employment exchanges
Published on : Friday, June 25, 2010
The Government employment exchanges in India are a big failure when you compare it even to mid-run private placement agencies. Moreover, these exchanges spend huge amounts of money on placements.The state should go in for privatization of employment exchanges, writes Shyamal Majumdar in Business Standard.
The Problem with Indian Railways
Published on : Monday, May 24, 2010
Two people were killed in a stampede at New Delhi railway station. Indian railway has no idea on how to deal with success. A growth in demand would lead to surpluses, and increased supply. Moreover, it will attract competition. Unfortunately, things don't work that way in the case of railways.The case of mobile phones must be an example for everyone to see. Within years, competition drove down prices and raised the quality of service, writes Mohit Satyanand in Yahoo News.
Privatizing ABC Stores: To Your Health!
Published on : Sunday, May 23, 2010
If it's true that privatizing alcohol-distribution operations will cause greater health and social problems, then states shouldn't be blinded by their desperation for revenue to go this route. If these worries are baseless, however, then privatization is a win-win: State governments get more revenue and consumers get more convenient and less-costly access to the alcoholic beverages of their choice,writes Donald Boudreaux and Julia Williams in Richmond Times Dispatch.
Privatisation for people
Published on : Saturday, May 17, 2008
The Delhi International Airport Ltd (DIAL) controversy raises issues that are no doubt important. But as one reads about them, one is reminded of an apocryphal quote, ascribed to various people, including Indira Gandhi. “It is nice to be important, but it is more important to be nice.” Consider what’s been reported about DIAL’s meeting with Planning Commission, writes Bibek Debroy in Financial Express.
India's PPP juggernaut
Published on : Saturday, March 29, 2008
The Planning Commission estimates that PPP will account for 30% of the estimated $1.5 trillion infrastructure investment required in the 11th and 12th Plans, or about Rs 600 crore per day, each day, for the next decade or more. While agreeing that the state must cede to market forces in some areas, most of us can't see a total capitulation of the state. The cautionary note is especially relevant for India. After all, we have experience with the largest PPP initiative in history. It was called the British East India Company, writes Ramesh Ramanathan in the Mint
New Nagpur airport: Should it fly, or be grounded before takeoff
Published on : Saturday, March 29, 2008
Nagpur hub airport: how coercive land acquisition and hype lead to an illusory project, needless displacement. The state government is acquiring land from villages compulsorily, at a fraction of its market value. The thousands of families affected would not mind losing their land and livelihoods for Nagpur's development if properly compensated, but not for a bogus project which doesn't even need their land, writes Prabhu Ghate in the Mint
Privatisation in Nepal: Myths and Reality
Published on : Wednesday, April 25, 2007
Nepal’s government is right to

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