Articles: January 2017

By: Ranjit K Pattnaik, Jagdish Rattanani
Category: Common citizen, RBI, India politics
The long term impacts of demonetisation are sugarcoated with many ifs here. Such an analysis, claims and statements are neither expected nor appropriate in a prestigious document like the Economic Survey. More importantly, the impact of GDP analysis lacks analytical rigour and is misleading.
By: Ranjit K Pattnaik, Jagdish Rattanani
Category: Indian economy
The irony is that the two sides now locked in the dispute –Tata and Mistry – are both honorable leaders who no doubt want to do good and build value for the Tata group in the long term but are in the end destroying it in the near term to the point that the long term may become meaningless.
By: Vappala Balachandran
Category: Common citizen, India politics, Inclusive growth
The demonetisation, however laudable its objective might have been, has “left out” millions of migratory labour, daily wage earners, pensioners and educated people like me who are not used to “Apps” and “Technology”. No one thinks about them in the cacophony of government claims and counter claims.
By: Ajit Ranade
Category: China-India, Global, Indian economy
No country can unilaterally oppose the fever of protectionism. India too should be pragmatic about protecting the interests of domestic jobs and industry. But along with China, it should take up the cause of keeping trade more free and to ensure that protectionism doesn’t get out of hand.
By: Arun Maira
Category: Common citizen, Jobs, Indian economy
A good ‘industrial policy’ for an economy must be an ongoing process of systematic stakeholder collaboration, to continuously self-adapt and produce outcomes desired by stakeholders as the environment changes. Any economic policy can only be as good as the process that produced it.
By: Ranjit K Pattnaik, Jagdish Rattanani
Category: Union Budget, India politics, Indian economy
Given that consumption is down, small and medium enterprises are impacted by a shortage of cash in the economy and the GDP growth will slip, what should be the broad direction of the budget, which, incidentally also comes before the ensuing elections in key states like Uttar Pradesh and Punjab?
By: Ranjit K Pattnaik, Jagdish Rattanani
Category: RBI, Indian economy
Due to the emphasis of the banking system on the cleaning up of the balance sheets, there is likelihood that the capital position of the banks could be inadequate to support higher credit growth. This could work as a cog in the wheel for effective transmission of monetary policy to the real sector
By: Ajit Ranade
Category: China-India, Global, Indian economy
There are several areas where the Trump administration is likely to deviate substantially from preceding policies. Some of these are retraction from global climate change treaties, tighter anti-immigration and anti-terrorism policies, promoting American exports and attempting to cap dollar strength.
By: Lekha Rattanani
Category: RBI
The Nov.8 decision to withdraw currency notes of Rs.1,000 and Rs.500 has turned into a full-fledged political battle which will run on and attract headlines well into the New Year.  But while the blame for the mismanagement that has followed the withdrawal of 86 per cent of currency has been... read more