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Macroeconomic Policy

C.P. Chandrasekhar
Friday 31 October, 2014
So long as the power held by finance capital remains unchallenged, the IMF may be forced to periodically revise downwards its growth estimates for some time to come.
C.P. Chandrasekhar
Monday 13 October, 2014
The RBI’s decision to follow a restrictive monetary policy seems to have been influenced by the inflow of foreign finance, even if that is at the expense of growth.
C.P. Chandrasekhar
Friday 26 September, 2014
The SENSEX is driven by herd instinct of FII inflow coming with assumptions which are at best speculative; the trend may get reversed in case of a rise in the interest rate.
C.P. Chandrasekhar
Friday 19 September, 2014
Instead of looking at developed countries’ monetary easing the RBI should explore policy alternatives to restrict capital inflow and reduce India’s external vulnerability.
Arnab Kumar Chowdhury
Wednesday 30 July, 2014
As debt is necessary to sustain the monetary system, hypothetical repayment of all debts can make the monetary system collapse and has the capacity to stall the real economy.
C.P. Chandrasekhar
Friday 25 July, 2014
The Union Budget for 2014-15 is a deflationary budget in the name of "fiscal consolidation," and chalks out a strategy to make India a labour-intensive manufacturing hub.
C.P. Chandrasekhar, Jayati Ghosh
Tuesday 22 July, 2014
The authors here suggest that the fiscal optimism is misplaced while projecting substantial increases in tax revenues despite many tax sops in the Budget for this year.
P. Sainath
Monday 21 July, 2014
Since 2005-06 a cumulative amount of Rs. 36.5 trillion has been given away to corporate sector in terms of various sops in corporate income tax, excise duty and customs duty.
Prabhat Patnaik
Tuesday 15 July, 2014
The basic fiscal strategy of the Union Budget 2014-15 is to increase transfers to the rich and the affluent, while reducing the outlays earmarked for the poor.
C.P. Chandrasekhar
Friday 11 July, 2014
The people of India, who have voted for a change, are likely to be disappointed by the NDA government’s first budget as it signals no change on the economic policy front.
 

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