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Ajay Shankar is a fellow at The Energy and Resources Institute (Teri). He has been secretary to Government of India and played a key role in the launch of the National Solar Mission. He was a member of the Indian Administrative Service which he joined in 1973 and retired as Secretary, Department of Industrial Policy and Promotion in the Government of India in December, 2009.
India needs nuanced policies, investment, and scale to unlock its manufacturing potential, writes Ajay Shankar
It would be prudent to take up a few sectors initially, get the policy instruments right, and put in the critical mass of resources to achieve a self-sustaining inflexion point
As a consumer, the government can play a crucial role in unlocking the potential for innovation in Indian companies
Strategic use of government purchases is the need of the hour if India is to achieve manufacturing success
Indian industry has made commendable progress in becoming energy efficient and less carbon intensive
With a slew of industries in the grip of a prolonged slump, a package of measures that will boost demand without burdening the exchequer is imperative
Air pollution can be brought down to near permissible levels within five years with the use of the right regulatory and policy instruments
Smart state intervention in select labour-intensive industries can create comparative advantage and boost India's manufacturing sector
To revive PPPs, the govt should take on macroeconomic risks flowing from uncertainties in GDP growth rates. The private sector can absorb project management and execution risks
For the economic recovery to be robust, and for sustained success in manufacturing, RBI needs to aggressively buy dollars
When electricity has been available, there have been no buyers distribution companies simply haven?t the money to buy more power
