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RBI can follow these two examples to tackle soaring inflation, but will it take the risk?

RBI can follow these two examples to tackle soaring inflation, but will it take the risk?
sify.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sify.com Daily Mail and Mail on Sunday newspapers.

Shama Mohamed , P Chidambaram Pchidambaram , Raghuram Rajan , Paul Volcker , Pranab Mukherjee , Kaushik Basu , Soumya Kanti Ghosh , Brazilian Central Bank , International Inspiration , Central Banks , Wholesale Price Inflation , Reserve Chairman Paul Volcker , Economic Recovery Advisory Board , Viral Acharya , Finance Ministers , President Pranab Mukherjee , Finance Ministerp Chidambaram , Indian Rupee , ஷாமா மொஹாமெட் , ரகுராம் ராஜன் , பிரணப் முகர்ஜி , கௌஷிக் பாசு , சௌமிய காந்தி கோஷ் , பிரேசிலியன் மைய வங்கி , சர்வதேச உத்வேகம் , மைய வங்கிகள் ,

Fix the ailing economy

Fix the ailing economy
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

New Delhi , Arvind Panagariya , Raghuram Rajan , Arvind Subramanian , Lok Sabha , Urjit Patel , Centre For Monitoring Indian Economy , Pew Research Centre , Azim Premji University State Of Working India , National Statistical Office , Viral Acharya , Chief Economic Adviser Arvind Subramanian , Monitoring Indian Economy , Azim Premji University , South Asia , புதியது டெல்ஹி , அரவிந்த் பனகரியா , ரகுராம் ராஜன் , அரவிந்த் சுப்ரமணியன் , லோக் சபா , மையம் க்கு கண்காணிப்பு இந்தியன் பொருளாதாரம் , பியூ ஆராய்ச்சி மையம் , தேசிய புள்ளிவிவர அலுவலகம் , வைரஸ் ஆசார்யா , கண்காணிப்பு இந்தியன் பொருளாதாரம் , அஸிம் ப்ரேம்ஜி பல்கலைக்கழகம் ,

Covid has shifted policy efficacy away from RBI

Covid has shifted policy efficacy away from RBI
Premium
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The pandemic has shifted concern away from the annual surplus that our central bank shares with the government, after it deducts the year’s expenses from its income, to how well New Delhi spends public money. On Friday, the Reserve Bank of India (RBI) declared a transfer of ₹99,122 crore to its owner for the last three quarters of fiscal 2020-21, having adopted an April-March cycle. Stretched to four quarters, that would amount to more than twice the payout it made the year earlier, ended June 2020. Yet, given the acute need of funds for our health emergency, it can’t help the Centre much. The irony here is the bonanza turned over by RBI just before covid struck. In August 2019, it gave the Centre ₹1.76 trillion for 2018-19, up from ₹50,000 crore the previous year. This hike had raised suspicions of RBI being pressed by the Centre to part with the money it usually held back as ‘provi ....

Covid 19 , Rbi Monetary Tools , Public Money , Health Emergency , Urjit Patel , Viral Acharya , Monetary Authority , Fiscal Deficits , Indian Economy , Monetary Policy , பொது பணம் , ஆரோக்கியம் அவசரம் , வைரஸ் ஆசார்யா , பண அதிகாரம் , இந்தியன் பொருளாதாரம் , பண பாலிஸீ ,

Opinion: India's Covid crisis has revealed the real Narendra Modi

Opinion: India s Covid crisis has revealed the real Narendra Modi
CNN
2 hrs ago
Opinion by Meenakshi Narula Ahamed
© DIPTENDU DUTTA/AFP/Getty Images
Indian Prime Minister Narendra Modi gestures as he speaks in a rally during the ongoing Phase 4 of West Bengal s assembly election, at Kawakhali on the outskirts of Siliguri on April 10, 2021. (Photo by Diptendu DUTTA / AFP) (Photo by DIPTENDU DUTTA/AFP via Getty Images)
By 2014, when Narendra Modi became prime minister of the world s largest democracy, India had long shed her image being one of the poorest nations teeming with starving and sick people in constant need of foreign aid. Under a team of pro-western reformers, India underwent an economic transformation in the 90 s and by the early 2000 s was being hailed as an economic powerhouse and an attractive partner for the western alliance. ....

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Making bank privatisation exemplary

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