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Ajay Shah

Ajay Shah studied at IIT, Bombay and USC, Los Angeles. He has held positions at the Centre for Monitoring Indian Economy, Indira Gandhi Institute for Development Research and the Ministry of Finance, and now works at NIPFP where he co-leads the NIPFP-DEA Research Programme. His research interests include policy issues on Indian economic growth, open economy macroeconomics, public finance, financial economics and pensions. ajayshah@mayin.org http://www.mayin.org/ajayshah http://ajayshahblog.blogspot.com

Sep 20, 2011

Some interesting readings from the Web

Ajay Shah recommends interesting reads from the media and elsewhere. #NotJobsButPassion #Readings

Sep 8, 2011

Are NDA’s pension reforms about to be reversed?

The UPA government seems to be reversing a key pension reform - defined contribution rather than defined benefit - that will shift huge costs to the exchequer #NotJobsButPassion #NPS #Pension Reforms #Thats Just Wrong

Aug 30, 2011

Vijay Kelkar – the man behind many reforms

Vijay Kelkar was the man behind many of India's far-reaching reforms - from fiscal responsibility to tax reforms. Boundless optimism was the key to his indefatigable efforts #NotJobsButPassion #PeopleWeLike #Vijay Kelkar

Aug 10, 2011

Delivering the right financial advice to households

Most financial products are mis-sold in the urban areas. But in one rural areas, Pudhuaaru KGFS is trying a new tack based on an keen understanding of a household's actual finances before rendering advice. #Investment #SmartMoney

Jul 2, 2011

How India is losing the market for trading in rupee

Even while the Competition Commission is busy penalising the NSE for allowing trading in rupee derivates for free, the market for rupee trading have moved abroad. What are we fighting about? #NSE #RegulatorRaj #Rupee

Jun 30, 2011

Why NSE order has landed Competition panel in soup

The Competition Commission has placed itself in a piquant situation by fining the NSE Rs 55 crore for allowing trading in currency derivatives for free. Is offering something free anti-competition? #CCI #MCX-SX #NSE #Regulator Raj

Jun 27, 2011

Will India go the Argentina way toward populist decline?

Neither India nor China can take their growth and political transformations for granted. China may fail to build good institutions, and India may yet fall victim to the lure of mindless populism. #GDP #Liberal democracy #NotJobsButPassion #To The Contrary

Jun 20, 2011

The Anna-Baba show is over, now let’s deal with corruption

The Anna-Ramdev spoilers are not the answer to corruption. Institutional reform is. #2G scam #Ajay Shah's blog #Anna Hazare #Baba Ramdev #CWG scandal #NotJobsButPassion #Regulator Raj

Jun 11, 2011

MTNL, BSNL, Air India: Why govt is bad owner of business

The way government runs businesses into the ground, one wonders why they even bother trying to run them. But privatisation through strategic sales to one buyer may not be a good option. Best to sell public sector shares in bits through transparent stock exchange sales #Alitalia - Linee Aeree Italiane S.p.A #Bharat Sanchar Nigam Limited #NotJobsButPassion #That's Mahanagar Telephone Nigam Ltd #worthit

Jun 10, 2011

Indian media is more complacent than Pakistan’s

The Indian media has become blase about free speech. India badly needs more journalists like Pak's Najam Sethi. #Ajay Shah's blog #Freedom of Speech #Indian media #NotJobsButPassion #Pak media #To What Effect
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