In an interview with Shankkar Aiyar, as a part of IDFC Institute’s Artha Dialogues 2019, Rajiv Kumar discusses the structural deficiencies in the financial sector which impede its ability to revive growth. Excerpts below:
"The IL&FS crisis that emerged in August 2018 led to seve...
In this CNBC TV18 programme, Niranjan Rajadhyaksha decodes signs of economic slowdown in light of fresh data from the Reserve Bank of India. The discussion with Latha Venkatesh also features Independent Economist Renu Kohli, Aditya Birla Group Chief Economist, Ajit Ranade & Professor at London S...
In this article by Sushant Hede on Wire, Niranjan Rajadhyaksha's column on using Taylor rule for an appropriate repo rate is quoted in the context of examining the impact of rate cuts on the Indian economy.
Excerpt below:
“Taylor Rule” to suggest that...
In conversation with ET Now, Swanand Kelkar of Morgan Stanley Investment Management quotes Research Director and Senior Fellow, Niranjan Rajadhyaksha's recent paper on India's macroeconomic environment. Excerpts:
"Swanand Kelkar: The external side looks pretty okay. If you look at the ...
In this BloombergQuint programme, Niranjan Rajadhyaksha discusses his recent IDFC Institute working paper on Indian macro policy's 2-4-6-8 framework. The paper presents five sets of policy recommendations that can help raise potential growth without putting economic stability at ...
In this Mint article on suggestions for the upcoming budget, Data Journalist Nikita Kwatra quotes Research Director and Senior Fellow, Niranjan Rajadhyaksha's recent paper on India's macroeconomic environment. Excerpts:
"...Any serious discussion on how the Indian economy has performed...
As part of I4I's e-symposium on NYAY, Research Director and Senior Fellow Niranjan Rajadhyaksha contends that the estimated cost of NYAY is substantial and there is ample reason to worry about the fiscal burden of the scheme.
"The estimated cost of NYAY is substantial – Rs....
On the latest episode of the Grand Tamasha, an Indian politics podcast co-produced by the Carnegie Endowment for International Peace and hosted by political scientist Milan Vaishnav, IDFC Institute Research Director and Senior Fellow Niranjan Rajadhyaksha provides a big picture assessment of Modi's ...
In 2016, Stanford Economist John Cochrane correlated economic growth (using the variable GDP Per Capita) and ease of doing business (using the World Bank’s Distance to Frontier score, which is now called the Ease of Doing Business score). He found a tight positive correlation between the business ...
An ideal tax system should depend more on direct taxes than indirect taxes. This is primarily because direct taxes are considered to be progressive while indirect taxes are regressive.
One of the central goals of tax reforms in the 1990s was to make the system more progressive. The composit...