)
Soumya Kanti Ghosh is the Group Chief Economic Advisor of State Bank of India & Member 16th Finance Commission. Previously, he has worked at the Tata AIA, American Express and ICRA among others.
Soumya Kanti Ghosh is the Group Chief Economic Advisor of State Bank of India & Member 16th Finance Commission. Previously, he has worked at the Tata AIA, American Express and ICRA among others.
An objective assessment of note ban impact on GDP growth is tricky because the costs and benefits cannot be properly quantified
The government must spend the funds on activities like infrastructure development. There is nothing wrong in this -in fact, there is precedent for this type of spending and the government and the regu
If demonetisation is carried out over periodic intervals without prior intimation, people would be discouraged to hold cash
The RBI Governor clarified that liquidity will continue to be adequate
The global experience of inflation targeting has not been impressive, with the number of countries facing negative inflation increasing in the last few years. The question is: Are such price declines
The perception that public sector banks lag in terms of credit portfolio expansion isn't entirely true. Various factors govern their fortunes
With the benefit of hindsight, it seems that the agencies adopt different criteria while evaluating different countries as is evident from the changes in ratings of developed and developing countries
It may perhaps be the best time for the government to introduce reforms in the coming Budget to radicalise government-saving schemes
As the World Trade Organisation reconvenes to re-examine the issue of agriculture subsidies, the numbers alone suggest that India has a strong case for declining to sign the WTO's trade facilitation a
Macro-fundamentals suggest not, nor does the level of retail participation in the debt market
Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough
Apart from capital goods, all other numbers were disappointing.