Columnists

Vihang Jumle

Jumle is an associate at Ikigai Law, New Delhi

Over-reliance on forex reserves is problematic, not using them a lost opportunity

Wed, Jul 01, 2020

If the government intends to use forex reserves as an emergency fund, it should ensure that they do not shrink just when they are most needed.

Even if privatisation helps India financially, it may need to explore more avenues

Wed, May 20, 2020

Governments across the world resort to privatisation to fill budgetary gaps. But revenue from privatisation is a one-off benefit and generally, only profit-making units are sold at a good price.

US-Taliban deal puts the onus of ending the Afghanistan war on Asian forces

Fri, Mar 13, 2020

In the long run, if the Taliban are back in Kabul, India’s infrastructure investments in Afghanistan will be at the risk of being seized. Besides, New Delhi will lose a friendly government in Kabul. Worse, Islamabad’s close partners may be in office once again.

US-Iran crisis is pushing India to clarify its stand. But ambiguity may be a more comfortable position

Wed, Jan 15, 2020

It is very likely that India is now taking the side of the US against Iran, with the blessings of Israel and Saudi Arabia which is becoming an important partner and investor along with the UAE. In this context, Iran may turn to China more actively.

There is a contradiction in trying to attract foreign investors before reforming labour, land acquisition laws

Thu, Oct 17, 2019

Why has Make in India failed to deliver? First, a large fraction of the Indian FDI is neither foreign nor direct but comes from Mauritius-based shell companies. Second, the productivity of Indian factories is low.