Tag Search: “monetary policy”
Indian agriculture: How to feed more people with fewer resources
While agriculture in India has achieved grain self-sufficiency, it has become cereal-centric, regionally-biased and resource-intensive. In this article, Swain, Price and Sharma discuss the rising res...
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Gareth Price
Ira Sharma
Ashwini K. Swain
05 July, 2016
- Perspectives
Fiscal deficit and growth slowdown
Ahead of the Union Budget, several policymakers and economists in India have advocated increasing public spending to spur economic growth. In this article, Gurbachan Singh argues that even if India is...
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Gurbachan Singh
17 February, 2016
- Perspectives
How US interest rates influence the world economy
For the first time in nearly a decade, the US Federal Reserve has raised its benchmark interest rate by 0.25 percentage points. In this article, Eswar Prasad, the Tolani Senior Professor of Trade and...
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Eswar Prasad
23 December, 2015
- Perspectives
Monetary dimensions of the recent Indian inflationary experience
Inflation in India remained at or near double-digit levels between 2009-10 and 2014-15. In this article, Pronab Sen, Country Director, IGC India Central, argues that while the initiation of the infla...
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Pronab Sen
12 October, 2015
- Perspectives
Household savings and India's current account deficit
India’s current account deficit widened consistently in the post-crisis period between 2008-09 and 2012-13. This column finds that while the public sector was the key driver of this trend in the firs...
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Nikhil Gupta
25 September, 2015
- Articles
India's monetary policy in unusual times, uncharted waters
There is a lot of discussion of the right course of monetary policy for India. In this article, India’s Chief Economic Adviser Arvind Subramanian argues that the country’s real policy interest rates ...
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Arvind Subramanian
26 August, 2015
- Perspectives
India's Monetary Policy Committee: Formation blues
The government and RBI are in the process of finalising the structure of India’s Monetary Policy Committee. In this article, Amartya Lahiri, Professor of Economics at the University of British Columb...
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Amartya Lahiri
10 August, 2015
- Perspectives
Charting a course for the Indian economy
Karthik Muralidharan (Associate Professor of Economics, University of California, San Diego) speaks with Arvind Subramanian (Chief Economic Adviser, Government of India) on a broad set of issues rang...
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Karthik Muralidharan
Arvind Subramanian
05 August, 2015
- Videos
How interest rates affect financial decisions of Indian households
RBI has cut interest rates three times this year so far. While rate cuts are welcomed by the Indian corporate sector, their impact on households is less discussed. This column analyses the relationsh...
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Nikhil Gupta
17 July, 2015
- Articles
Reining in gold imports
In an attempt to reduce gold imports, the Indian government has proposed three new schemes – gold monetisation, sovereign gold bonds, and domestic production of branded gold coins. In this article, P...
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Gurbachan Singh
12 June, 2015
- Perspectives
Where is India's growth story headed?
The global financial crisis and domestic policy paralysis led to a decline in firms’ investment activities and investors’ business confidence in India. Could this have affected the economy’s long-ter...
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Ila Patnaik
Madhavi Pundit
25 May, 2015
- Articles
Responding to external shocks
Following the global financial crisis of 2007-08, the Indian economy was exposed to various shocks. While the major source of shocks was external, the effects were magnified by certain lapses in dome...
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Ashima Goyal
30 April, 2015
- Articles