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Friday, January 22, 2021

Dharmakirti Joshi

The writer is chief  economist, CRISIL.

Public sector investments are likely to remain depressed as states cut back on spending, making recovery difficult
Thu, Nov 26, 2020

The bottom line is that with the slowdown in growth, and as a consequence in government's revenues (for both, the Centre and states), debt servicing for states, which looked comfortable, is set to become burdensome.

India will have to swim against the tide to capture shrinking pie of global trade
Mon, Sep 21, 2020

Developing countries like India need to fast-track reforms to improve the investment climate and attract investments, relocating away from China.

Improvement in economy might slow down or even stagnate in the second quarter
Fri, Jul 17, 2020

India has had little option but to open up the economy. That has led to some improvement in economic activity towards the latter part of the April-June quarter — but this is unlikely to sustain. In the July-September quarter, we expect the pace of improvement to slow down or even stagnate and fall in some cases..

Maintaining adequate domestic savings is essential to sound macroeconomic management
Wed, Jun 26, 2019

Focus should be on lifting savings rate, else there is a risk of private investments being crowded out.

India can benefit from the US-China tariff war if it plays its cards well
Tue, May 21, 2019

If this trade war continues over a longer horizon, it could even result in shift of production bases and restructuring of global supply chains. Chinese firms are already moving production to their plants in other countries. India figures in the list of such probables.

The new public investors
Mon, Dec 10, 2018

With the Centre focusing on fiscal consolidation, public investments by state governments spur infrastructure development

Look beyond Mint Road
Sat, Oct 03, 2015

More needs to be done to reduce the delay in interest rate transmission in India.

Make the cut
Mon, Aug 03, 2015

A waning supply shock in an environment of tepid demand affords RBI elbow room to wield the knife.

States are able
Mon, Jun 01, 2015

They must also be willing to do the heavy lifting to kickstart the investment cycle.

Union Budget 2015
Unspectacular, but in the right direction
Tue, Mar 03, 2015

For the budget to succeed, government needs to build institutional capacity to carry through proposed public investment, step up divestment.

A cut in time
Thu, Oct 31, 2019

Low rates will help. But sustainable higher growth requires the government to debottleneck sectors and push through pending reforms.

Fools rush in
Thu, Dec 04, 2014

RBI is right to hold off on rate cuts. Inflation must hit a sustained low first.

Mining a slow death
Thu, Oct 30, 2014

To keep CAD in check, India needs to pay attention to the rising trade deficit in mining, not focus on gold imports.

Agriculture can’t wait
Wed, Jun 04, 2014

While RBI is holding rates steady, government needs to overhaul food markets.