Swaminathan Aiyar ! Ideas for India

Swaminathan Aiyar
Economic Times 
Swaminathan S. Anklesaria Aiyar is a graduate of St. Stephen’s College, Delhi, and Magdalen College, Oxford. He is currently Consulting Editor of The Economics Times and a research scholar at The Cato Institute.

He has been editor of two of India’s biggest economic dailies, Financial Express in 1988-1990 and The Economic Times in 1992-1994. For two decades, he was also the India Correspondent of The Economist, the British weekly. He has been a frequent consultant to the World Bank and Asian Development Bank. He is best known for his popular weekly column in The Times of India, “Swaminomics”.

Swami, as he is universally called, is also a social investor. He runs the Mukundan Charitable Trust. He has co-promoted three micro-finance institutions – Arohan in Calcutta, Sonata in Allahabad and Mimo Finance in Dehra Dun. He is on the Board of Directors of Artisans Micro Finance Ltd, and hopes to convert artisans into share-owning millionaires. And he is building a fleet of medical ships on the Brahmaputra to serve islands that have never seen a doctor.

Articles By Swaminathan Aiyar
The alcoholic mammaries of the welfare State
Posted On: 30 May 2016

Topics:   Political Economy
Tags:   Tamil Nadu

Tamil Nadu is known to give away more freebies to voters than any other state and these are financed mainly by massive revenues from liquor sales. In this article, Swaminathan Aiyar, Consulting Editor of the Economic Times, contends that while using liquor revenue to improve basic State services like education and health is defensible, using it for freebies is a political race between parties to the fiscal bottom.
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