It would be advisable for India to keep contingency plans to protect the interests of 6,50,000 Indian workers who constitute one quarter of the 26 lakh Qatari…
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By Ajit Ranade |
Setting of interest rates is a key component of the monetary policy. This responsibility is now with the Monetary Policy Committee (MPC). The MPC has six members,…
The overleveraged corporate sector, lack of better alignment of administered interest rates on small savings with market rates and stress in banks balance sheets remain…
To some extent remonetisation could take care of the slowdown in growth. However, the sustainable solution is an elevated level of investment with fiscal rectitude of…
By Vappala Balachandran |
The decision of our government to skip the BRI summit on May 14-16, 2017 is still being debated. Critics say India’s absence went against the country’s economic…
The constitutional expenditure responsibility of the state governments is vast. The unsustainable finances of States will not only hamper growth prospects but will also…
By Ajit Ranade |
Whatever be the reasons, the days of secure, lifetime employment with one employer are gone. Workers need to be in continuous learning mode, and possibly change “jobs”…
Empirical research and evidence suggest that the common base and rates across goods and services and similar rates across states and between Centre and States will…
The fall in headline inflation rate is not generalised. Mostly, the deceleration is food centric, caused by the demonetisation effect of distressed sale of perishable…
By Usha Thorat |
RBI must distance its role as regulator/supervisor from the process to be put in place under the new Ordinance. It would be appropriate for RBI to envisage the new…
By Ajit Ranade |
The agenda of financial inclusion was to bring the financial sector, savings, loans, insurance and investments to the doorstep of all households of India, rich or poor,…
Any move to shake up lenders and their creditors from their stupor and force a special solution in a special context is welcome. But it may be too soon to say the…
By Arun Maira |
Better livelihoods with adequate incomes for human beings along with good social security are big challenges for India’s leaders, even before ‘Industry 4.0’. They should…
By Ajit Ranade |
In fact, given India’s advantageous demography, the per capita burden of future taxes will be lower, since the population will remain young for a long time. In such a…
The message is clear: as we wait for the next round of innovation, like artificial intelligence or robotics to kick in and drive productivity growth, policy makers must…