Ajay Shankar

Can India revive its manufacturing sector and create millions of jobs?

India needs nuanced policies, investment, and scale to unlock its manufacturing potential, writes Ajay Shankar

A new paradigm for creating jobs

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

Unleashing govt's procurement power

As a consumer, the government can play a crucial role in unlocking the potential for innovation in Indian companies

Public procurement for Make in India

Strategic use of government purchases is the need of the hour if India is to achieve manufacturing success

EU mechanism to track carbon intensive imports is an opportunity for India

Indian industry has made commendable progress in becoming energy efficient and less carbon intensive

Crafting a fiscally neutral stimulus

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

Getting clean air back

Air pollution can be brought down to near permissible levels within five years with the use of the right regulatory and policy instruments

Getting the stimulus right

Smart state intervention in select labour-intensive industries can create comparative advantage and boost India's manufacturing sector

Ajay Shankar: Re-engineering infrastructure PPPs

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

Ajay Shankar: For a competitive rupee

For the economic recovery to be robust, and for sustained success in manufacturing, RBI needs to aggressively buy dollars

Ajay Shankar: The odd conundrum of India's power sector

When electricity has been available, there have been no buyers distribution companies simply haven?t the money to buy more power