Questions for 2018

The NDA govt has taken enough bold economic moves and should not hesitate to articulate its future vision

This year (2017) left us with more questions than answers. Fissures in the ground between “government economists” (some members of the prime minister’s advisory council, the finance ministry’s chief economic advisor, and so forth) and those who decide monetary policy grew deeper, but some of us still can’t fathom what the fuss is all about. Is it merely about the Reserve Bank of India’s (RBI’s) inability over the past year to forecast inflation correctly and “cooking up”, as a member of the PM’s advisory council somewhat colourfully put it, the inflation forecasts? If (as is very likely from this month)