-Newsclick.in Even as the growth rate of the Indian Economy is slowing down, and the index of industrial production (IIP) is actually showing negative growth for three consecutive months, August to October (over the corresponding months a year ago), the inflation rate in the Economy has started accelerating. Significantly, the acceleration in inflation has been the sharpest precisely during these very months when the contraction in industrial output has been the...

-PTI * Subramanian had flagged the problem of debt accumulated by private corporates becoming NPA of banks back in December 2014 * At that time, he was CEA to the Narendra Modi government NEW DELHI: India is facing a "Great Slowdown" with its Economy headed for intensive care unit primarily due to a "second wave" of the twin balance sheet crisis at banks, former Chief Economic Adviser Arvind Subramanian has said. Subramanian, who was...

-The Telegraph By all indications revival in 2020 is not possible The year 2019 has played out on a mixed note. Politically, the general election outcome upheld the popular choice of a majority government. Economically, conditions deteriorated rapidly through the year. In fact, an undercurrent of concern about the economic situation prevailed throughout 2019. This surfaced upfront immediately after the May election and reached a flashpoint by the middle of the...

-The Indian Express Former Chief Economic Advisor Arvind Subramanian expands on his twin-balance sheet analysis to explain how the Indian Economy reached the current state of turmoil. To a lay observer, the collapse of India’s economic growth momentum is nothing short of befuddling. That’s because until just a few years ago – to be precise until March 2017 – the Indian Economy was not only growing at a progressively rapid pace but...

-The Indian Express Return of food inflation may not allow RBI to further slash interest rates but opens up room for delayed reform Retail food inflation crossing 10 per cent, the first time in nearly six years, isn’t good news for an Economy already mired in a deep slowdown. The suddenness of the increase (from under 3 per cent in August to 10 per cent-plus in November) and the fact that the...