The Reserve Bank of India’s (RBI) new currency and finance report, released last week, strongly advocated the rebalancing of monetary and fiscal policy as the economy recovers from the disruption caused by the pandemic. The first edition explains why it is vital for the government and the RBI to withdraw political accommodations now. Read it here
In other views:
the second edition
emphasizes that the growing gap between electricity supply and demand has once again revealed systemic weaknesses in the electricity sector. Read it here
says optimism about Indian corporate revenue growth and profitability must be tempered by an appreciation of three key external threats. He describes them here
stresses that the whole edifice of global cooperation is crumbling at a time when the challenges of climate change demand greater international cohesion. Read it here
explains the implication of the Reserve Bank
of India’s decision to release lending rates for micro loans last month. Read it here
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