A slew of financial sector measures can be announced, which will lead to the deepening of the sector. Bank consolidation must also be pushed. It may be a good idea to…
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Apart from flagging concerns on inflation, the central theme of the minutes is the lack of transmission of repo rate cuts. The transmission of monetary policy is…
By Ajit Ranade |
The Mahatma Gandhi National Rural Employment Guarantee Scheme, popularly known as NREGA, was launched after the passage of the landmark Act of the same name in 2005…
By Usha Thorat |
In the backdrop of an imminent Fed hike, the global uncertainty, as also the difficulties in assessing the macro –economic impact of demonetisation on the domestic…
Instead for harping on cuts, the banking sector might be well advised to handle the complexities arising in the near term out of liquidity and the concomitant impact on…
By Aneel Karnani |
The CSR law is inherently contradictory. Without a coercive enforcement mechanism, it is unlikely that the law will result in widespread compliance. In other words, ‘…
Rarely has this 80-year-old institution been in the headlines almost daily, with questions, doubts and clarifications being sought by a harried citizenry and answers…
The priority now should be to restore normalcy by smoothening the process of liquidity management and more importantly, enhancing the currency note availability and…
By Ajit Ranade |
The rupee needs to soften, because measured in real effective terms, i.e. adjusting for inflation differentials, and by taking a trade weighted average, it has been…
By Arun Maira |
Jobs cannot be sprinkled into the economy by the government. Jobs will emerge from interactions of many drivers in the economy—the growth of enterprises, life-long…
By Vappala Balachandran |
It is unfortunate that the “Heart of Asia” Conference is getting enmeshed in the present tension between India and Pakistan. More attention is now on whether Sartaj Aziz…
By Jagdish Rattanani |
The finance minister’s statement that it will take two to three weeks to re-calibrate ATMs and that people must have patience, when what we see around us is people…
By Vappala Balachandran |
In a dynamic world, ideas of isolation may not be the best way to either build ties or contain threats. Instead, there is a case that can be made out that India in…
By Ajit Ranade |
The government should have focused not just on old stock but future flow of black money generation. Hence high value notes should have been removed from circulation.…
By Arun Maira |
People trust those who listen to them, rather than those who, from high velvet lined pulpits, preach to them. Corporations want governments to get out of their way. To…