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India better placed to avoid risk of stagflation: RBI officials

-The Hindu Domestic economic activity is gaining strength, write authors of Bulletin article India’s economy is better placed than many other countries to avoid the risk of potential stagflation, Reserve Bank of India (RBI) officials headed by Deputy Governor Michael D. Patra wrote in an article in the June edition of the RBI Bulletin. “Global economic conditions continued to deteriorate as ratcheting up of commodity prices and financial market volatility have led to...

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How EVs can drive energy security -Himani Jain and Vaibhav Pratap Singh

-The Hindu Business Line Limited charging infrastructure, lack of interoperability services and inadequate access to affordable finance must be addressed Russia’s war on Ukraine has had a devastating impact on the global economy. It has triggered an unprecedented energy crisis as prices of commodities such as coal, natural gas and crude oil have skyrocketed. With oil above $100 a barrel, policymakers in the country are faced with two questions: How to keep...

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A poverty trend in search of an explanation -Pulapre Balakrishnan

-The Hindu The delay in household consumption expenditure survey leaves us unsure of the studies A noticeable absence in the blitzkrieg of information on the economy periodically unleashed by the Union government over the past few years has been estimates of poverty. A measure of the progress made with respect to the reduction of poverty in India is crucial to an assessment of the state of the economy of India, known to...

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Malnutrition in India is a worry in a modern scenario -Gaurav Gogoi

-The Hindu The country’s response to its burden of malnutrition and growing anaemia has to be practical and innovative Good nutrition has the power to empower the present and future generations. India’s greatest national treasure is its people — especially women and children — but even after 75 years of independence, a majority of them do not get the required diet to meet their nutritional needs. A child’s nutritional status is directly...

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Why are global wheat prices rising so much? -Jayati Ghosh and CP Chandrasekhar

-The Hindu Business Line The Ukraine war is not the sole driver of global wheat prices. Speculative activity has played a bigger role and policy inaction on that front can prove fatal The global food crisis has now grown to such proportions that everyone is talking about it (even though world leaders are doing relatively little about it). It has become an article of faith to blame the war in Ukraine for...

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