Observing that the recent increase in India’s ease of doing business ranking by the World Bank was long overdue, a top Indian American economist today
Category: Economy
Demonetisation anniversary: Manmohan Singh’s speech in Gujarat; read full text – The Financial Express–08.11.2017
Former prime minister Manmohan Singh on Tuesday slammed Narendra Modi government for implementation of demonetisation and the GST. Singh said that demonetisation was a “complete
Chase reforms, not ranks | Business Line–08.11.2017
Ease of doing business should impact small businesses, too The World Bank’s Ease of Doing Business 2018 report is not about the legal and regulatory
Aiming high, looking far | The Indian Express–08.11.2017
If the problem is jobs, we should throw money from helicopters and bust the government budget. A young person at a recent job fair in
Moving, but slowly–Deccan Herald–07.11.2017
Economy – stalling or reviving? The slowdown in GDP growth to below 6% in the April-June quarter of 2017 grabbed headlines. It was the sixth
Reforms for the few–Deccan Herald–07.11.2017
At a time when labour law reforms are being debated, it is important to remember that only 6-7% of the total workforce in the country,
Focus on micro, not just macro, reforms–07.11.2017
By Anil K Kanungo, Why is the Indian economy currently looking gloomy? Many believe that the necessary macroeconomic structural reforms were not in place and
Ease of Business: FM’s joy premature–Deccan Herald–07.11.2017
The improvement made by India in the World Bank’s latest ‘Ease of Doing Business’ report is significant and commendable. The country has jumped 30 rungs
Prepare for oil price above $60 a barrel–Economic Times–06.11.2017
Governments can achieve fiscal discipline by curbing wasteful spending, prioritising investment over consumption expenditure and so on. In addition, they can just get lucky. When
How to make it easier to do business–Economic Times–05.11.2017
India’s improvement by 30 places in ease of doing business, as measured by the World Bank’s annual ranking, is a signal achievement and should help
The eternal asymptotes | Business Standard Column–05.11.2017
In mathematics there is a concept called asymptotes. There are many definitions but the simplest is an asymptote is a line which is tangent to
Political confidence is not business confidence | Business Standard Column–05.11.2017
If you have been foolish enough to choose economics as your preferred option for a BA degree, one of the first things you are taught
India can do with a flexible monetary policy regime for its growth story to be back on track–Economic Times–05.11.2017
By Raghbendra Jha October 25, 2017 will stand out as a significant day in Indian economic policymaking. A fiscal stimulus, mainly in the form of increased
Get on the job of creating jobs–Economic Times–05.11.2017
By Rana Kapoor With a growing number of people coming of employable age, job creation becomes essential to broad-base benefits of growth. With automation, technology
Just the job: How to solve the country’s huge and growing unemployment problem–Times of India–05.11.2017
Two smart operators, Hera and Feri, discussing unemployment problem, which is growing every day. Hera: It’s becoming a crisis situation. The economy has slowed down,
Jugaad of bank recapitalisation: How finance ministers adhere to fiscal deficit targets while increasing borrowings–Times of India–05.11.2017
Twitter has been abuzz with the government congratulating itself over its ‘unprecedented’ rescue package for India’s ailing banking sector. The adjective is certainly not misplaced
Bank recapitalization: an integrated package–Economic Times–05.11.2017
Compared to the dribblets that were earlier made available the 2.11 lakh crores infusion announced yesterday is adequate for provisioning and regulatory requirements as well
How to revive bank credit: Government should, to begin with, offer PSBs bonds in return for equivalent equity–Times of India–05.11.2017
There is general agreement that tepid growth in bank credit has been a major obstacle to launching the economy into a 8% plus growth trajectory.
Niti Aayog: Agriculture growth likely to be above 3% in FY18: Niti Aayog member – The Economic Times–14.10.2017
Agriculture growth rate this year will be more than 3% looking at the performance of the kharif season. If rabi season is very favourable, it
C Rangarajan: Economy may grow at 6.5% for 2017-18, says C Rangarajan – The Economic Times–11.10.2017
Rangarajan as chancellor participated in the 7th Convocation ceremony of ICFAI University here. Former RBI Governor C Rangarajan today said he expects that the economy