Industry body Assocham has urged the government to relax fiscal deficit targets and boost public expenditure as a means to accelerate India’s economic growth, which
Category: Economy
What is the solution to getting GDP growth up; Meghnad Desai explains – The Financial Express–02.10.2017
Politicians have finally woken up to the growth slowdown. I wrote about these matters in my last column, but revisit the subject as it is
Public sector banking crisis: Why recapitalising PSBs is akin to throwing good money after bad – The Financial Express–02.10.2017
B Mahapatra The state of affairs at public sector banks (PSBs) is known to everyone by now. The current stress in their balance sheets has
Cash is king again | Business Standard News–02.10.2017
It has been 11 months since demonetisation was carried out to give India, among other things, a digital push. The results, at best, have been
The oil in the machine | Business Standard Column–02.10.2017
Everyone says the Indian economy is in crisis. Everyone is also agreed that bad policy, on the one hand (demonetisation), and bad practice, on the
RBI likely to keep rates on hold | Business Line–02.10.2017
Despite slowing growth, the Reserve Bank of India may cite rising pressures on the retail inflation front to hold the repo rate at this week’s
Economic growth: Why an ill-thought crusade against NPAs could push the economy further downward – The Economic Times–01.10.2017
By KM Chandrasekhar The state of the Indian economy has been the flavour of the week. There has been informed discussion, acrimony, pathos, sarcasm,
Recession: India’s flagging economy draws dire warnings of recession – The Economic Times–01.10.2017
Prime Minister Narendra Modi came to power on a euphoric wave of promises to boost India’s economy, add millions of jobs and bring “good times”
More pain in store for the economy | Business Line–01.10.2017
The short-term outlook looks distinctly better than the long-term. We need much more than mere policy reversals The honeymoon seems over. Two senior economists from
Dear FM, Yashwant Sinha is wrong so don’t be tempted by a fiscal quick-fix–01.10.2017
New Delhi has been abuzz with talk of a big fiscal spending package of maybe Rs 40,000 crore to ‘kick-start’ the economy, which has slowed
Across the aisle: Summer of 2014 to autumn of 2017 | The Indian Express–01.10.2017
Naturally, the government is red-faced and livid and is pulling out all the stops to heap ridicule and abuse. I did not set the cat
Why did Modi govt take 3 years to address NPA, stalled project issues, asks Yashwant Sinha – The Economic Times–30.09.2017
Why Modi govt took 3 years to address NPA : Yashwant Sinha Senior BJP leader and former finance minister Yashwant Sinha today asked the Modi
Nothing personal | The Indian Express–30.09.2017
The NDA should pay heed to the serious concern expressed about its handling of the economy. Once more, in a different country, “it’s the economy,
Pause before you leap | The Indian Express–30.09.2017
The slowing of GDP growth to below 6 per cent has created consternation and concern in many quarters. Unsurprisingly, in this age of instant gratification,
धोक्याची घंटा–[ संदर्भ पूर्व अर्थमंत्री श्री यशवंत सिन्हा यांचे विचार —महाराष्ट्र टाइम्स –२९.०९.२०१७
धोक्याची घंटा केंद्र सरकारच्या अर्थखात्यासमोर माजी केंद्रीय अर्थमंत्री यशवंत सिन्हा यांनी जो आरसा धरला, त्यात डोकावून काही सुधारणा करावयाच्या की त्या आरशाच्या नावानेच बोटे मोडायची,
Fiscal deficit: Government resolved to meet 3.2% deficit target, sticks to H2 borrowing aim – The Economic Times–29.09.2017
The govt borrowed Rs 3.72 lakh crore in the first half and has pegged gross borrowings at Rs 2.08 lakh crore in the remaining six
Indian economy: View: Indian economy has been kept well-oiled – The Economic Times–29.09.2017
By: Amit Malviya & Kishore Desai Before 2014, petroleum and oil sector finances were dangerously unsustainable. Subsidies were paid with oil bonds that were
Better growth in coalition governments: Former RBI governor YV Reddy – The Economic Times–29.09.2017
A coalition government that produced consensus on policy-making was probably better than the one with a majority as far as economic growth was concerned, former
Demonetisation: Finance Minister Arun Jaitley defends demonetisation & GST, trashes slowdown talk – The Economic Times–29.09.2017
Finance minister Arun Jaitley strongly defended the government’s economic management, demonetisation and tax reforms, citing robust revenue collections to dismiss what he described as the
Card payment: Card payments push may land banks with a Rs 3,800 crore annual hole – The Economic Times–29.09.2017
The government’s digital payments push, mainly online card payments through PoS machines, may leave already capital starved banks bleed by a whopping Rs 3,800 crore
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