Resident Senior Fellow, Vivek Dehejia, has been quoted in a Livemint article on demonitisation impacting employment. Excerpts below:
"It has been pointed out that demonetisation has resulted in the extinguishing of jobs, especially in the informal sector."
"Alongside this los...
In this piece in The Print, Praveen Chakravarty, Visiting Senior Fellow at IDFC Institute, is quoted on his views on what should be done to revive the Indian economy.
He states "To revive growth, a simple two step approach. Capitalise on the stock market’s exuberance, disin...
Vivek Dehejia, Resident Fellow at the IDFC institute was invited to a meeting of experts, held by the Prime Minister, to map out the future economic plan.
"The meeting was also attended by the finance minister Arun Jaitley, all his department secretaries, other secretaries of departmen...
Resident Senior Fellow, Vivek Dehejia, is quoted in the Financial Express, commenting on the RBIs move to allow eKYC. He says:
“The movement of some or many of the unbanked into the formal financial sector and the movement of firms from the informal to the formal economy (or, equival...
Harvard professor Gita Gopinath speaks about the demonetisation move and and its implementation in this interview with CNBC 18. She says:
"I am in favour of the principle of moving to a low cash usage economy. The harder thing to swallow is this rather dramatic overnight making 86 perc...
Montek S. Ahluwalia, in this Livemint article, explains why demonetisation is only a piece of the puzzle to tackle corruption and black money, and is likely to have an adverse effect on GDP and low-end employment. Moreover, Ahluwalia advises several steps to significantly improve the proce...
Niranjan Rajadhyaksha, in this Livemint article, discusses some broad issues that deserve immediate attention in the wake of the currency reform. Shedding light on the economic processes that result from this exogenous shock, Rajadhyaksha cautions against jumping to quick conclusions,...
Vivek Dehejia, Resident Senior Fellow at IDFC Institute deconstructs the debate on government's demonetisation move by separating facts from fiction.
"First, given that the old 500 and 1,000 rupee notes are being replaced with new 500 and 2,000 rupee notes, what is involved is, i...
Vivek Dehejia is quoted in a BBC News article on the macroeconomic impact of scrapping Rs 500 and Rs 1,000 notes by the Indian Government. Dehejia says:
"India now operates under a monetary policy regime known as inflation targeting. If a portion of the stock of currency in circul...
