Sunil Jain

Sunil Jain, Managing Editor of Financial Express, writes extensively on regulatory failure and uses data to expose policies such as those on reservations in education

and employment. He has written two books using NCAER’s annual household surveys of income and expenditure and is a co-author of Caste in a Different Mould which examines the role of education, location and occupation in determining the difference in incomes across various caste groups.
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Articles By Sunil Jain

514 Articles

CCI probe into Amazon/Walmart easier said than done

CCI will need to explain why it felt RJio’s pricing was not predatory while Amazon/Flipkart’s was

CCI, Amazon, Walmart, Competition Commission of India, Flipkart, CCI, Xiaomi, Maruti Suzuki News

Expect fall in UPI volumes if govt doesn’t reverse MDR order; can hit FDI flows also

If fintechs like PhonePe or PayTM can no longer make money through the MDR, and there are going to be more restrictions over how the data of consumers can be used, the government has to ask itself why fintechs or banks will i

UPI volumes, MDR order, UPI payments, RUPay cards, FDI flows, PSU banks, PhonePe, PayTM News

When Vodafone Idea shuts, govt will be biggest loser!

It owes govt over Rs 215,000-crore and banks Rs 50,000-crore; if a Voda shuts after investing $30 billion, this will scare others too .

Vodafone Idea, Government of India, telecom industry, Supreme Court, AGR dues, PSU, OTSC dues, Manmohan Singh government, narendra modi News

Budget 2020: Don’t blame FM Sitharaman, ball in PM Modi’s court

Budget 2020-21: Yashwant Sinha was one of India’s best FMs, yet he was called ‘rollback’ Sinha as Vajpayee kept vacillating. Manmohan Singh was a great FM but only till Narasimha Rao allowed him.

Budget 2020 India: Despite both Modi and Sitharaman repeatedly exhorting banks to lend and promising that no genuine business decision will be questioned, bankers remain reluctant to lend. News

Reducing import dependency: PM Modi wants more oil, govt doesn’t play ball

When Modi took over, though gas was imported at $12-13 per mmBtu, he refused to implement the UPA proposal to double prices for domestic gas to $8.4 since he believed this was a UPA scam, to primarily benefit Mukesh Ambani ev

Reduce, import dependency, import, export, PM Modi, oil, narendra modi, ONGC, donald trump  News

JNU violence a big blot, need an SC-monitored probe

A Supreme Court-monitored probe will have more credibility, so ideally the government should order one; more so since, with the Delhi election schedule just announced, the violence will be given all manner of political colour

The JNU authorities’ role also needs to be examined in detail since, even going by the press note released by the university, it is largely to blame for letting matters reach where they did. (Reuters image) News

Unfair to expect India Inc to criticize Narendra Modi

Govt policy can kill your business, your assets can be seized, your dues may stay unpaid ... not criticizing govt is a good idea.

narendra modi, pm modi, india inc, india economy, economy news

Forget secularism, even an NPR will be a logistical nightmare

If decadal migration is around 7% & another 2-3% are left out in enumeration, crores will be left out of an NPR; it will dramatically worsen in an NRC.

npr, national population register News

Modi’s Rs 100-lakh crore infra plan is a pipe dream – Here’s why

Modi Government doesn't have the money, need a new dedicated infra-lending firm and sweeping reforms.

infrastructure, modi govt, gdp, nirmala sitharaman, slowdown, infra, infrastructure, investment, gross fixed assets, gfa. GFA News

Will tech help India leapfrog in 2020?

Tech can be a force-multiplier in health- and credit-delivery, say, & the good news is that India is starting to use it effectively

technology, India, leapfrog, technology in 2020, DigiLocker, eSign, Chandrasekaran  News

Why is govt killing UPI?

If UPI is free, banks/vendors have no incentive to push it

UPI, PayTM, Google Pay, Phone Pe, debit card, credit card, RuPay News

If Modi-government wants good data, it can’t emasculate the statistical system

Given how credible data is critical for taking any policy decision, and how India’s economic data has increasingly come under a cloud, it is just as well that the government is trying to fix things.

nrc, national population register News

No more bullets, just hard reforms

The twin balance-sheet crisis has got worse, investors don’t trust govt & with empty coffers, pump-priming isn’t an option

Opinion News

India failed to capitalise on possibilities from US-China tensions

PMO wanted to exploit the possibilities from US-China tensions six months ago, but we missed it; US-China relations on the mend now.

nirmala sitharaman, nclt, psb meeting, banks meeting News

Being proud of India’s Hindu past is great, but worry about the present too

Correcting history books to give students a pride in their past is critical, but when is the last time you heard any BJP leader worry—with even a fraction of the passion—about the poor quality of the physics or the maths

Opinion News

UTI and the govt’s very limited writ

If even four PSU banks/FIs can’t be made to obey Sebi’s rules, what does it say for the government’s ability to get things done?

Opinion News

COAI’s collusion capers: Asking Trai to set price floor is a bad idea

COAI has written to the telecom regulator, Trai, asking it to fix a floor price for data, and has said that all three telcos agree to this demand.

Vodafone Idea Vs Airtel Vs Reliance Jio: you have to pay upto 50 percent more, Know revised plans list News

Modi needs to negotiate hard with Uddhav Thackeray to save bullet train

After the Andhra Pradesh debacle, the last thing nervous investors need is another blow.

Opinion News

Maharashtra loss of face as stealth victory comes undone

From BJP to Sena, all parties come across poorly, but the biggest casualties were the President and the Governor.

maharashtra, maharashtra politics News

Why isn’t govt at SC on AGR ruling threatening of telcos like Airtel, Vodafone Idea

PSUs that have little to do with telecom are facing demands of lakhs of crores, so govt should also be challenging the SC order.

Shiv Sena, NCP, Congress, Maharashtra govt formation, Maharashtra alliance, Shiv Sena NCP Congress alliance News

Morality-play can’t be good governance

While the govt, not just CAG/CBI/CVC focus on L-1 bids, no one bothers about the loss in market value caused by the L-1-itis. Sure, CAG needs to evolve as PM says, but when will govt focus on such issues instead of its obsess

When the Modi government came to power in 2014, the share of PSUs in the country’s overall market-capitalisation was 22.5%, it is down to 8.4% today (File image) News

NSO consumer spending report: How Narendra Modi’s advisors are cutting him off from reality

NSSO consumption data is problematic, but by censoring data govt is signalling that it only wants a certain narrative.

Opinion News

If govt doesn’t give relief to telcos like Vodafone Idea, it could lose over Rs 2 lakh crore

The government should act like a prudent banker and restructure the dues by reducing the penalty/interest and giving the telecom companies more time to make the payment.

Bharti Airtel, Vodafone Idea, Telecom, AGR, OTSC, Telecom sector, Telecom news, Telecom industry , Telecom news, Telecom talk, Telecom india, Bharti Airtel share, Bharti Airtel news, Bharti Airtel ltd, Vodafone Idea news, Vodafone Idea share price, Vodafone Idea limited News

JNU hostels cost 1% of what Delhi University ones cost

Authorities to blame for not hiking fees for so long.

JNU, JNU protests News

Vodafone pulling out will send out poor signal on India’s investor-friendliness

If India's biggest foreign investor -- Vodafone -- is about to shut shop, this will also send out a poor signal on India's investor-friendliness.

vodafone, vodafone india, nick read, vodafone future in india, vodafone situation in india, voda india sales News

Why blame Arvind Kejriwal for Delhi’s smog, blame Narendra Modi

If MSPs weren’t so high and FCI wasn’t buying all the crop, Punjab’s farmers would grow less paddy and burn less stubble.

Opinion News

If you can’t do RCEP, can’t do US/EU either

The narrative that RCEP-Asean-type of deals are hurting is incorrect & the talk of a US/EU FTA is just wishful thinking.

Opinion News
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