The writer is a senior fellow at the Centre for Social and Economic Progress, and a former executive director, Reserve Bank of India. The views are personal
The writer is a senior fellow at the Centre for Social and Economic Progress, and a former executive director, Reserve Bank of India. The views are personal
It is important to ensure that headline inflation is aligned with the target, which will further enhance the credibility of the FIT framework
The savings bank deposit interest rate was the last one to be deregulated by the RBI after all other interest rates were deregulated
While the interests of famers need to be protected, it would further complicate monetary and macroeconomic management
With the share of physical assets rising, the responsibility to free up resources to fund corporate capex shifts to the government
Government must strategically expand the fiscal space to face any exogenous shocks
To catch up with peers, not only in size but also in per capita income, India must focus on health and education