-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...
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Rathin Roy, Director of the National Institute of Public Finance and Policy, interviewed by Puja Mehra (The Hindu)
-The Hindu The slowdown is an outcome of supply-side constraints, says the economist The official GDP growth estimate for the July-September quarter, at 4.5%, is the lowest in 26 quarters. Rathin Roy, Director of the National Institute of Public Finance and Policy, and former member of the Prime Minister’s Economic Advisory Council, discusses the causes of the economy’s troubles and suggests possible remedies. Edited excerpts: * The Finance Minister says the economy is...
More »Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
More »A difficult time for the economy -Renu Kohli
-The Telegraph It must be ensured that growth does not slide down further Economic news has been increasingly dismal for some time. The decline in economic activities since January-March 2018 accelerated this year, gathering pace in recent months and prompting concern it could turn into a Recession. Some commentators argue the economy is in a Recession; others disagree, saying growth is decelerating. Since Recessions are defined as periods of negative real gross...
More »No disguising the economic slowdown now. Take a look -Maitressh Ghatak
-NDTV Only last spring, as the country was gearing up for elections, we were hearing about a growth rate of 7 per cent, the highest in the world. Various new statistics were trotted out to suggest that the growth rate since 2014 had been higher than that under the previous regime. Those of us who looked at other economic indicators such as the unemployment rate and growth in tax revenue sensed...
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