Debroy Committee Report: Following the Neo-liberal Play Book
Friday, 19 June 2015 05:13

D. Raghunandan

19th June, 2015


The Report of the Debroy Committee for restructuring of Indian Railways has predictably recommended unbundling of IR and its privatization in all but name. The Report, as well as signed articles and press statements by Committee Chairman and Niti Ayog member Bibek Debroy himself, prefer the term “liberalization,” int ...


Last Updated on Friday, 19 June 2015 07:43
Tuesday, 25 September 2012 07:30

Prabir Purkayastha



25th September 2012

There is a story doing the rounds that when a Minister went up to Manmohan Singh complaining about “primitive accumulation of capital” with respect to a huge real estate scam, the PM asked him what was wrong with primitive accumulation, apart from the word primitive?

This is the crux of the policies that ...


Last Updated on Saturday, 06 April 2013 08:58
HAL disinvestment: thin end of the wedge
Thursday, 29 September 2011 12:12


D. Raghunandan

September 29, 2011

In a move with far reaching consequences, the Defence Acquisition Council of the Ministry of Defence (MoD) last week gave in-p ...


Last Updated on Saturday, 06 April 2013 08:52
New Metro Airports: private profit, public chaos
Monday, 12 January 2009 10:54

D. Raghunandan

Everything in infrastructure or services in India these days has to be “world class”. And according to liberalizers in government and outside, especially in the media, this must mean owned and run by the private sector preferably with foreign collaboration. The now familiar argument is that the state sector, again by definition, is incapable and that foreign partners will bring in much-needed capital and, more importantly, the “latest” in advanced technologies and management, while the consumer would be king in this “open” environment. Undet ...


Last Updated on Tuesday, 29 January 2013 08:44
BHEL Disinvestments And New Capitalism By Prabir Purkayastha
Monday, 12 January 2009 10:46

WE have earlier focussed on how we need to make BHEL a global player in power equipment manufacturing. This is doubly important, as the major power market in the world today is China and India, followed by the rest of Asia. The developed countries do not have any major programme of investing in additional power generation capacity, their focus being restricted to renovating of ageing units. Given that the markets are in Asia, it is not surprising that the new emerging global players are in countries that have a large domestic market for power equipment. Interestingly enough, while the emerging players such as Doosan, Dongfang Electric Corporation, Harbin Power are all supported by their g ...


Last Updated on Thursday, 24 January 2013 06:20

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