Rajesh Kumar

New piece on how RBI missed the #inflation surge: As it gave more importance to growth, the objective of price stability became secondary https://t.co/GZ32PTpQC0 @bsindia

.@pranjulb : Higher inflation is here to stay https://t.co/ePDsyuoDuK

.@bsindia edit on #RepoRate hike: Had the RBI accounted for consistent inflationary pressures and maintained the needed balance between the objectives of supporting growth and maintaining price stability, it would have avoided an emergency rate hike. https://t.co/6zGetxKrGF

Piece on why dollar dominance will continue: Its share in reserves has declined from 71 to 59% since 1999. But this has not led to an increase in share of other traditional reserve currencies. Yuan will not be a challenge for a very long time https://t.co/Lg9YAQglUv @bsindia

RT @RiteshEconomist: By disproportionately cutting the reverse repo rate and making it the operational rate with a massive infusion of liqu…

Piece on why it’s time to widen the policy focus. The bigger issue for the Indian economy is that growth is likely to revert to pre-pandemic levels despite the given level of monetary and fiscal accommodation https://t.co/q7OVDQNJKH @bsindia

How quickly oil changes the India story: Current level of energy prices could shave 3 per cent off India's GDP https://t.co/V2d8aeAKws @neelkanthmishra

.@arvindsubraman & @FelmanJosh: Fiscal dominance — monetary policy influenced by the public finances — is back, with a vengeance https://t.co/DFZVFNcThS

RT @RiteshEconomist: An increase in populist #subsidies or dole out schemes would leave so much less for the government to spend on capaci…

What the Budget can to for infrastructure https://t.co/0pKLICcyPT @Infra_VinayakCh

.@neelkanthmishra: How the focus has shifted from availability of fiscal space to ability to spend productively https://t.co/chXUbMl5di

My piece on how the government can reshape its disinvestment programme https://t.co/3QaITzgPEy @bsindia

.@nrbmurthy73: The argument that the new methodology overestimates GDP requires deeper analysis https://t.co/C4m81ifTwI

My new piece on foreign exchange reserves. While higher reserves provide stability on the external account, the RBI cannot endlessly keep accumulating FX because of its own set of policy complications https://t.co/1hjbxnJGo6 @bsindia

My piece on India’s fiscal outlook. A lower than desired policy intervention at various levels could make government finances a constraint for growth in the medium term and increase financial stability risks https://t.co/EByo0OJ12H @bsindia

My piece on why in absence of adequate preparation any meaningful attempt to move towards a green economy could create serious fiscal, growth, and financial stability risks https://t.co/ZNXpVXVcLk

"Carnage was not the whole story"