
Arvind Subramanian is a former chief economic advisor to the Government of India. He was the assistant director in the research department of the International Monetary Fund. He previously taught at Harvard University's Kennedy School of Government and Johns Hopkins School for Advanced International Studies.
Arvind Subramanian is a former chief economic advisor to the Government of India. He was the assistant director in the research department of the International Monetary Fund. He previously taught at Harvard University's Kennedy School of Government and Johns Hopkins School for Advanced International Studies.
For long, currency and bank deposits have grown together. Inflation, nominal interest rates hold the key to why they are no longer doing so
In the final part of a series, the authors explain the characteristics of agricultural markets in India and look at the possibilities of setting up a national market for commodities
'Premature non-industrialisation' has led to industry absorbing scarce skilled labour instead of abundant unskilled labour
In part five of a series, the authors explain that if CRAR is proving to be tricky internationally, exclusive reliance on it in India is perhaps even more fraught with risks
In part four of a series, the author explain how scrapping the exemptions for the countervailing duty will eliminate the negative protection facing Indian manufacturers
In part three of a series, the authors explain how the big numbers obscure some serious deficiencies in the 'lifeline of the nation'
In the second part of a series, the authors say it seems likely the debt situation of the states will exhibit an improvement greater than that of the Centre
India's credit and banking are neither too big nor too small
Chief Economic Adviser explains the Budget in an exclusive article
It is clear that the far-reaching recommendations of the 14th Finance Commission, along with the creation of NITI Aayog, will radically alter Centre-state fiscal relations
India is right to support its agriculture, but is going about it the wrong way
The authors prescribe the cures for India's problems with land
In the first of a two-part series, the authors diagnose India's problem with land
Arvind Subramanian, senior fellow, Peterson Institute for International Economics, analyses the government's track record for the past five weeks
Applying the purchasing power parity approach, it is clear the rupee is persistently undervalued by 30 per cent or more
The finance minister would do well to plan his first Budget by attaching a reasonable probability to a food crisis this year
For India, reversing the process of de-industrialisation will be hard
His electoral appeal is based on his ability to wield power ruthlessly - but his success in Delhi will depend on coming to grips with highly circumscribed power
As the Office of the US Trade Representative (USTR) turns its lens on India's intellectual property and patents regime, Business Standard brings you what Arvind Subramanian, columnist and economist, t