India's GDP growth rate of 6.1% in January-March 2023 stands out amid a global downturn, raising hopes of 7.2% growth for the financial year 2022-23. Read more »
Inflation in India is not because of fiscal or monetary profligacy, so there is no need to emulate aggressive rate hikes by the West. Read more »
Empirical studies have shown that supportive fiscal policies, globalisation and free trade are key to achieving strong, sustained and inclusive growth. Read more »
The growth in GST collections points to a recovery, but questions remain over the trajectory of Indian economy in the coming fiscal. Read more »
The RBI policy must focus its efforts on the non-banking finance companies and the micro-finance sector that are under stress. Read more »
The govt must offer 100% guarantee for MSME loans – it will ensure more jobs, higher GST collection, and fast revival of economic growth. Read more »
RBI’s monetary policy committee may choose to ignore falling credit off-take, especially the share of private corporate sector. Read more »
The RBI monetary policy should keep interest rate, future guidance on monetary policy unchanged and ensure smooth credit flow to MSMEs. Read more »
RBI's monetary policy committee should consider a 25 basis points cut in repo rate as the economy is on the verge of Covid-19 third wave. Read more »
The monetary policy amid a major shock like the second wave of Covid-19 can afford to look through some inflationary impulses to support economic growth. Read more »