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Macroeconomic Policy

C.P. Chandrasekhar
Thursday 05 February, 2015
The distribution of rural credit disbursement is skewed and biased towards the rich and warrants better access to all sections for improved capital formation in agriculture.
C.P. Chandrasekhar, Jayati Ghosh
Tuesday 25 November, 2014
Amidst stock market euphoria, the growing international debt exposure of certain Asian countries, particularly Hong Kong, China and India, is a matter of major concern.
C.P. Chandrasekhar
Thursday 13 November, 2014
Instead of resorting to measures like incentivising NRI deposits, Indian central bank and government will do better by introducing capital control to insulate the economy.
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.



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