-Asian News International/ NDTV.com Sri Lanka Economic Crisis: This comes as food price inflation remains at a multiyear high in South Asian countries including Pakistan. Colombo: Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest world bank assessment. In its Food Security update, the world bank said trade policy actions on food and fertilizers have surged since the beginning of...
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Macrovariable projections in uncertain times -Arun Kumar
-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely...
More »Adding digital layers of indignity -Rajendran Narayanan
-The Hindu Dehumanisation is the likely outcome when humane aspects of governance get outsourced to technologies The right to live with dignity is a constitutional imperative. However, it rarely manifests in discussions surrounding digital initiatives in governance. Centralised data dashboards — valuable as they are — have become the go-to mode for assessing policies, relegating principles such as human dignity and hardships in accessing rights to its blind spots. Often when technological...
More »The cost of misrepresenting inflation -Pulapre Balakrishnan and M Parameswaran
-The Hindu The inadequacy of monetary policy to address food-price-driven inflation has been recently flagged Globally, inflation is now the prime concern of governments, even as there is a speculation that a recession may not be far behind. In India, though, government agencies regularly announce that the country is growing at a much faster rate than most economies and presently assert that inflation is much lower. The growth performance is not so...
More »Can Unicorns Become Growth Engines of India’s Economy? -Shinzani Jain
-Newsclick.in The relatively new and fragile start-up ecosystem is not a solution to the larger problem of pauperisation of the working population of the country. In May 2022, a report in the magazine, The Economist, claimed that “a novel confluence of forces stands to transform India’s economy over the next decade, improving the lives of 1.4 billion people and changing the balance of power in Asia. Technological leaps, the energy transition, and...
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