Ajit Ranade

The Frankenstein called subsidies

Whether it is food, or fuel or fertilisers - the 3Fs for the FM - the subsidy bill has, through benign political neglect, burgeoned into something frightening over the last eight years.

We need a tax signal more than a fiscal one

Ajit Ranade, chief economist of the Aditya Birla Group, he would prefer to avoid being seen as a fiscal hawk - where the first priority of the finance minister would be to balance his books.

Manmohan Singh must act now to fix India story, say expert economists

The Prime Minister needs to address the country on the economy, investors have to be sent confidence-building signals and India's savings rate needs to improve.