Ila Patnaik
A new credit policy is on the anvil. But interest rate signals will not be effective unless the RBI gets back its control over the short term interest
If the alternative to RBI’s rupee management are exporter sops, let’s have sops
High investment is fuelling high GDP growth today. A look at the front-ranking industries and projects
The correct response to the increase in house prices is supply augmenting policy. The demand control policy does not give people more and bigger house
The government proposes to bring dal and edible oil under the Public Distribution System The prices of dal and edible oils have risen sharply in recen
The commerce minister argues for rupee manipulation. An interventionist RBI keeps everyone guessing. But higher productivity through genuine reform is
RBI is inflicting more pain than inflation. And rupee is being unnecessarily coddled
Who stops banks from serving the aam aadmi? More than unions, it’s control-obsessed RBI. And banks love it
Raising interest rates will not tackle inflation if the RBI takes with one hand and gives away with the other. India needs to debate the conduct of it
Ila Patnaik on how central banks manage inflation and output targets through interest rates
As the American economy slows down, India’s counter has to be more robust reform
Fiscal discipline shows results; reforms line holds, duty cuts to check inflation; futures ban the red flag
This week the Reserve Bank of India announced a hike in interest rates in its credit policy. The policy carries implications for the rising inflation
In recent decades, applied economic research has lagged in quality and quantity. As a result, policy-making in India often suffers from low inputs fro
SEZs solve problems that afflict the rest of us. Solutions should be available everywhere
Inflation based on the Wholesale Price Index has risen sharply to a two-year high of 6.12% in the week ending January 6 — a rate higher than the 5-5.5
To curb malpractice on the agricultural commodity futures market, we need a judicious blend of competition, market design, policy and supervision. Add
Interest rates are likely to move upwards in 2007. This is because currently, after taking account of inflation, interest rates in real terms...
Will India’s GDP growth in 2007 match that of 2006? Can the economy go from strength to strength with consecutive years of high growth without being h
The India Rural Infrastructure Report serves a warning: more of the same approach will not do. There must be a new policy framework to address the st
That’s why India doesn’t need policies like China’s aimed at pushing exports
New health data shows improvement in quality of life since 1992. Public health services in India have worsened over the same period. Connect the dots
With Chinese president Hu Jintao in India, discussion on a free trade agreement between India and China is with us again. But does an FTA between t Why the political impulse to control inflation through commodity prices is wrong
Are contractual ‘innovations’ holding up the showpiece highway project?
