As the Modi government completes one year in office this month, RBI Governor Raghuram Rajan, who oversees nation’s monetary policies, has said that the administration had taken steps to creat
While asking the central banks of advanced economies to "maintain supportive policies" and refrain from raising interest rates too quickly, the International Monetary Front (IMF) has said
With India`s growth rate projected to drop slightly from 7.5 per cent to 7.3 per cent in 2015, the IMF today recommended the country to launch next phase of economic reforms and improve its busines
The Indian economy has recorded strong growth in recent years, helped by a large terms of trade gain, positive policy actions including implementation of key structural reforms, a return to normal
India’s growth is expected to rebound to 7.2 percent in FY 2017-18 as the cash shortages accompanying the currency exchange initiative ease, said an International Monetary Fund report that wa
Disruptions from demonetisation and events surrounding the implementation of GST led to a setback in economic activity and a potentially larger negative effect on the poor and vulnerable, said a Wo
The need to reform existing subsidy programs in India has recently gained momentum. Part of the policy debate has focused on the potential role of a universal basic income (UBI) as an alternative t
India’s financial sector is facing considerable challenges, and economic growth has recently slowed down. High nonperforming assets (NPAs) and slow deleveraging and repair of corporate balanc
Instituting Universal Basic Income (UBI) requires public support spanning demographic lines, executive backing, and strong macroeconomic fundamentals. Weaken any leg of this tripod, and the redistr
End poverty – that’s the mission of the World Bank. Sounds noble. And poverty is indeed ending. Thanks to global and local efforts, poverty (individuals living at $1.9, or about `135,
India is now the sixth-largest economy in the world, with a 2017 GDP of $2.6 trillion, according to the database of the International Monetary Fund’s World Economic Outlook (WEO) for April 20
Giving the example of India’s Unified Payments Interface (UPI) system during the pandemic and thereafter, RBI governor Shantikanta Das said that digital public infrastructure (DPI) can be uti
