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

529 Articles

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

Sweeping reforms to boost exports

The HLAG rightly identifies several domestic constraints as the main problem; the question is whether govt can fix these quickly.

exports, imports News

Reliance Jio right on COAI; but govt made the mess

COAI can’t represent industry when Jio’s views are totally different, but govt didn’t approach revenue-definition issue with clean hands.

Opinion News

Let’s get realistic about BSNL revival

BSNL-MTNL subscribers will have to increase their monthly-spend considerably if they move to 4G; while it is not clear they can afford to do that, they will also need to buy new handsets since they cannot use their current fe

But, before BSNL’s top brass, and the politicians, start trotting this out, a reality check may not be a bad idea. News

Taxpayers must fund an unviable Rs 70,000-crore BSNL-MTNL plan

While BSNL’s sales fell 33% in the last 4 years, govt projects this as rising 66% in the next 4 four in the belief that once it has 4G spectrum, users will flock to it. Not fixing AGR-definition for 6 years means broke telc

bsnl, mtnl News

What if JSW had paid Rs 19,700 crore?

If there is a crime, the authorities are empowered to attach property. But, this was always known, and since many IBC cases involve allegations of funds-siphoning, why were these even sold via the IBC? This is how governments

JSW, JSW steel, IBC law, IBC, Insolvency and Bankruptcy Code, Prevention of Money Laundering Act, PMLA News

Poor Economics vs Good Governance: Abhijit Banerjee’s Nobel an affirmation of need for evidence-based policies

Banerjee-Duflo’s models don’t always work, but the Nobel is an affirmation of the need for evidence-based policies

Opinion News

With GST compensation cess falling short, states may agree to raise rates at the lower end

With the compensation cess falling short, states may now have no option but to agree to raise GST rates at the lower end.

In which case, while the states can blame the central government for not implementing a perfect GST—since GST is a joint responsibility of the GST Council in which all states are members, of course, a blame game may not even fly—this won’t really help. News

Govt needs to focus on lowering Cost Of Doing Business

The CostOfDoingBusiness includes the cost of capital, the risk of policy changes, the government not honouring contracts, etc

Sensex, CMIE DATA, FE Best Banks Awards, gst, RERA, Cost of Doing Business, Ease of Doing Business , Mukesh Ambani, Sunil Mittal, Risk of Doing Business News

Modi govt must change the law to deal with stressed PSUs

Parliament or Supreme Court must remove ‘instrumentality of state’ clause for PSUs that function in competitive markets.

Opinion News

Onion tears again, to make farmers cry

Ironically, when a committee of chief ministers was formed to examine how agriculture could be given a boost, one of the proposals mooted was to ease, if not altogether eliminate, any restrictions on agriculture.

Arvind Kejriwal, onion, india news, Delhi, Delhi Secretariat News

FM Nirmala Sitharaman takes a punt on growth, finally

For one, if deficits rise too much—the tax targets were always aggressive, and Friday’s giveaways add up to 0.7% of GDP—interest rates can start trending up again; certainly, the hope of a continued fall in rates looks

FM, Nirmala Sitharaman, GDP, FPI, FPI tax, IMF loan,rbi, shaktikanta das, gst, gst council meet, gst council News

FM Sitharaman’s tax cuts bring in early Diwali; India’s tax rates now on par with those globally

The move should stimulate investment levels since one of the big hurdles to investment has been higher tax rates in India, apart from issues like labour laws and unfriendly policies in various sectors like telecom and mining.

MSME, MSME loan, NPA, FM, Nirmala Sitharaman, PSB, industry news, sme, public sector bank, housing finance company, NBFC News
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