Anil Sasi

Profile

Anil Sasi is a Senior Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.

Currency shortage in ATMs: Some triggers came early last year
Fri, Apr 20, 2018

Since April 1, 2017, nearly 48 per cent of the total currency notes supplied are lower denomination notes of Rs 200 and below, according to RBI data until December 31, 2017.

How a US-China trade war can hit Indian market
Fri, Apr 06, 2018

Inflation may compel the US Federal Reserve to hike interest rates, and this may lead to capital outflow from emerging markets as American investors look to chase better returns back home.

CIL top job: Coal Ministry offers post weeks after Board rejects officer
Wed, Apr 04, 2018

Gopal Singh has been holding charge at the helm of the Rs 1.22 lakh crore state-owned firm since September 1, despite figuring in a list of six candidates rejected by the PESB when it conducted interviews for the post in June last year.

Governance: Three-fold spike in land costs over five years puts brakes on highway development
Tue, Apr 03, 2018

The average rate of construction of National Highways (NHs) per day has come down from 22.5 km in 2016-17 to 20.7 km in 2017-18 (data till December 2017), according to fresh data compiled by the Ministry of Road Transport and Highways.

NBCC chief AK Mittal under CBI scanner gets his vigilance dept’s clean chit, additional post
Mon, Mar 26, 2018

It said that during investigations, the allegations against Mittal “were not found corroborated”.

Utilising idle gold with households: Government schemes fail to glitter
Tue, Mar 20, 2018

Various govt initiatives, aimed at fishing out yellow metal lying idle with households, have failed to achieve the desired results. The 22 tonnes mobilised under SGB scheme in last 3 years translates to just about 1% of India's physical demand in that period.

Where US tariffs can really hurt
Tue, Mar 13, 2018

India’s exports of steel and aluminium to the US are not significant; protectionist American tariff hikes are unlikely to immediately dent the Indian metals sector. The impact, however, may come through an indirect route.

Holes in accreditation of ITIs: Cycle stand is workshop, no building
Mon, Mar 12, 2018

Of the 13,353 operational ITIs today — from just 6,906 in 2009 — about 11,000 are privately run, with this segment growing annually at the rate of 15 per cent. Accreditation qualifies ITI operators to access funds under the government’s skilling programme.

Bangladesh’s proposed Rooppur project: Nuke tie-up abroad, a push to domestic expertise
Wed, Mar 07, 2018

Since India is not a member of the Nuclear Suppliers Group, the country cannot directly take part in the construction of nuclear power plants in other countries. However, it has individual pacts with Bangladesh and Russia for collaborations in the nuclear sector.

Intent vs investment: A yawning gap
Tue, Mar 06, 2018

According to DIPP, which measures investment proposals by aggregating the Industrial Entrepreneurs Memorandums, funds which actually went till the commercial production stage between 1992 and 2017 were less than one-eighth of the proposals filed.

21 states are now BJP-ruled, home to 70 per cent of Indians
Mon, Mar 05, 2018

These states, including Tripura and Nagaland, are home to over 70 per cent of India’s population. The situation in Meghalaya, the third state where Assembly elections were held, was fluid on Saturday.

Why, in attack on ‘100 per cent tax’ on Harleys, Donald Trump may be barking up the wrong tree
Wed, Feb 28, 2018

Nearly all of the iconic motorcycles arrive in India in parts, and are assembled here. What the company will probably be more worried is a Budget proposal to raise import duties on these so-called CKD kits.

Government shortlists coal blocks for private mining in first round of auctions
Mon, Feb 26, 2018

The shortlist of coal blocks — nearly all having at least 50 million tonne of reserves — include four mining blocks each in Odisha and Chhattisgarh, and one each in Madhya Pradesh and Jharkhand.

Volte-face on Electric Vehicle Policy: Carmakers force the government’s hand
Wed, Feb 21, 2018

The fact that most manufacturers at this year’s auto expo only showcased concepts on their EV displays, and a growing sense that not much progress has been made on the charging infra front may have caused the govt to backtrack on its plan.

17 months before PNB scandal: RBI had cautioned against SWIFT abuse at Union Bank — just in time
Tue, Feb 20, 2018

PNB scam: Seventeen months before the PNB loan scandal became public, there was an attempt to defraud the Union Bank of India by abusing the SWIFT messaging system. The situation was “salvaged post event without any apparent monetary loss”.

From insurance to farm: Policy tweaks dilute govt’s initial resolve
Tue, Feb 20, 2018

The govt’s continued policy interventions across various sectors go against its initial promise of “Minimum Government, Maximum Governance”.

On Modi government drawing board: Tool to hardsell soft power in diplomacy
Wed, Feb 14, 2018

The move to try and quantify this aspect of India’s diplomacy comes in the wake of criticism that the country has not been able to adequately leverage its ‘soft power’ in matters of foreign policy.

Pradhan Mantri Kaushal Vikas Yojana 2.0: Renewed push falls short
Tue, Feb 13, 2018

Various changes have been introduced in the execution of the government's skilling programme to generate more jobs, but to no avail. An average of just over one out of six people trained under the scheme have found a job.

Rs 5 lakh family cover: Centre to call meeting of state health secys
Tue, Feb 13, 2018

In the Union Budget 2018-19, an initial corpus of Rs 2,000 crore was provided for the NHPS that aims to provide medical cover of Rs 5 lakh to over 10 crore poor and vulnerable families.

Eye on German model, govt combines theory, industry training in ITIs
Tue, Feb 13, 2018

Under the initiative, theoretical training in Industrial Training Institutes will be combined with practical training in the industry to increase the employability of ITI trainees.