Rajeswari Sengupta

The writer is Associate Professor, Indira Gandhi Institute of Development Research

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More From Rajeswari Sengupta

In 2025, where growth will come fromSubscriber Only

December 23,2024 07:34:04 AM

Consumption is subdued and private investment is weak. But exports could offer a way out

Mon, Dec 23, 2024

Unshackling the Indian RupeeSubscriber Only

November 09,2024 03:40:06 AM

Exchange rate needs to be able to respond freely to market forces

Sat, Nov 09, 2024

Why going back on inflation targeting could erode credibility of RBISubscriber Only

September 24,2024 05:55:05 AM

Implementing reforms in a messy democracy requires years of work. IT framework is in its nascent stages and is being put to test by various shocks. It’s important to let it mature, making incremental rather than major changes

Tue, Sep 24, 2024

Why RBI’s attempts to control the Rupee can have adverse consequencesSubscriber Only

August 24,2024 07:45:39 AM

Changing rules of the game can have a damaging effect on the cost of doing business

Sat, Aug 24, 2024

"The Budget did not outline an economic strategy to tackle the problems nor did it lay out an economic vision for the next few years" (Express Photo by Sankhadeep Banerjee)

Budget 2024: Government acknowledges problems in the economy, but only indirectly soSubscriber Only

July 24,2024 13:09:45 PM

Fiscal stability has been attended to, but a long-term strategy on growth is still missing

Sat, Jul 27, 2024

Governments spend on capex for two reasons: To stimulate growth and to meet the needs of the economy.

RBI’s surplus: To spend or not to spendSubscriber Only

July 04,2024 07:49:41 AM

There seems to be a lack of consensus on this fundamental point. If the economy is not doing very well, then we should not be surprised if the budget uses the surplus dividend to announce a further increase in infrastructure spending.

Thu, Jul 04, 2024

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Is India’s growth rate overestimated?Subscriber Only

March 29,2024 07:17:27 AM

NSO should build producer price indices and apply double deflation methodology to GDP data to avoid distortions

Fri, Mar 29, 2024

Between May 2022 and April 2023, the RBI raised the policy repo rate by 250 basis points. Since then, it has held the repo rate constant at 6.5 per cent. (Representational Image)

Inflation is under control. What’s next?Subscriber Only

February 20,2024 07:45:34 AM

MPC statements are silent on impact of tight policy on growth outlook. This raises questions on trajectory of policy

Tue, Feb 20, 2024

interim Union budget, Union budget, Budget, Budget 2024, finance ministry, indian economy, interim budget 2024, Indian express news, current affairs

Interim budget: Fiscal discipline at the expense of growthSubscriber Only

February 02,2024 06:58:20 AM

While the interim budget has checked all the right boxes, it will be interesting to see to what extent the government can adhere to the plan especially when the full budget is presented post elections

Fri, Feb 02, 2024

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On defaulters, RBI prioritises public interestSubscriber Only

June 20,2023 07:30:12 AM

Banks are commercial enterprises and should be allowed to operate accordingly. In principle, separating a commercial decision such as loan recovery from criminal proceedings against wilful defaulters is a step in the right direction

Tue, Jun 20, 2023

The price pinch: Despite RBI’s best intentions, inflation continues to hurtSubscriber Only

February 16,2023 07:00:05 AM

Central bank must reveal its remedial measures to keep expectations under check

Thu, Feb 16, 2023

Union Budget 2023 aims for fiscal consolidation. But questions about the credibility of fiscal math remainSubscriber Only

February 02,2023 07:00:21 AM

Only time will tell what impact the growth measures will have on the economy. Budget lacks clarity on how stability will be achieved

Thu, Feb 02, 2023

India’s current account deficit reveals the need to increase exportsSubscriber Only

December 16,2022 07:40:58 AM

Rajeswari Sengupta writes: By adopting this strategy, India could potentially solve its two most important macroeconomic problems — reducing the large CAD and securing rapid, sustained growth.

Fri, Dec 16, 2022

What the RBI’s Financial Stability Report reveals about the banking sectorSubscriber Only

August 05,2022 04:10:54 AM

Rajeswari Sengupta writes: Balance sheets have improved but banks are unlikely to fund investments in industry, infrastructure

Fri, Aug 05, 2022

Rajeswari Sengupta writes: Why the communication gap between the MPC and RBI is troublingSubscriber Only

June 22,2022 04:00:45 AM

Rajeswari Sengupta writes: It could potentially erode the credibility of the inflation targeting framework

Wed, Jun 22, 2022

It is unclear why RBI has hiked interest rates nowSubscriber Only

May 09,2022 04:04:57 AM

Rajeswari Sengupta writes: RBI's surprise move raises questions over its objective. Its mandate is to target inflation, not shore up rupee

Tue, May 31, 2022

RBI cannot ignore inflationSubscriber Only

March 29,2022 04:37:12 AM

Rajeswari Sengupta writes: Inflation is best addressed by the central bank using monetary policy, not by the government adjusting taxes

Tue, Mar 29, 2022

Why it’s not time to cut taxesSubscriber Only

January 31,2022 04:30:42 AM

Buoyancy in tax revenues next year is uncertain and exports boom caused by pandemic is likely to diminish. In a period of global economic uncertainty, these will put constraints on GDP growth

Mon, Jan 31, 2022

Is GDP data a reliable way to measure the health of the economy?Subscriber Only

January 04,2022 03:30:10 AM

Rajeswari Sengupta writes: There are serious problems with India’s GDP data. Any analysis of recovery or growth forecast based on this data must be taken with a handful of salt.

Tue, Jan 04, 2022

If inflation remains strong, RBI will have to choose — debt or inflation managementSubscriber Only

April 20,2021 03:04:47 AM

If the RBI is too slow to tighten policy and rein in the liquidity it has created, the country could end up facing the kind of inflation crisis that was witnessed in the post-2008 period.

Tue, Apr 20, 2021

With high inflation, capital inflows, currency appreciation, tough decisions are neededSubscriber Only

September 16,2020 03:12:33 AM

Policymakers in all sophisticated economies face this trilemma, forcing them to make choices about which targets they are going to pursue.

Wed, Sep 16, 2020