Soumya Kanti Ghosh is the Group Chief Economic Advisor of State Bank of India & Member 16th Finance Commission. Previously, he has worked at the Tata AIA, American Express and ICRA among others.
Soumya Kanti Ghosh is the Group Chief Economic Advisor of State Bank of India & Member 16th Finance Commission. Previously, he has worked at the Tata AIA, American Express and ICRA among others.
The pandemic spreading around the world is calling on us to suppress our profoundly human and evolutionarily hard-wired impulses
Targeted social distancing and complete lockdown are the need of the hour
Counter the growth slowdown with a micro-loan revolution
Regulatory control of NBFCs will shift to the RBI, and this will create a level playing field in the market
Given that household-level secondary education was not readily available from Census 2011, the PLFS survey might have used some proxies
The policy also has several developmental and regulatory measures
Above everything else, we must understand that over the last few years we have been held hostage to economic ideas that were governed more by rhetoric than by data-based evidence
With the changing nature of labour market, we need to change the definition of employment in the NSSO survey
We need to diversify the forex, credit and interest rate risks across the financial market
The intent to reward well-rated NBFCs would optimise their funding costs, but the larger picture lies in the freeing of capital for the banks
The RBI should think of providing signals that reduce the disconnect with market expectations
The rupee recovered strongly on Friday, with oil, the US treasury rates all retreating from their highs
The committee should take ground realities into consideration and choose the best way forward
In the next two months, 78 to 98 per cent of the extinguished currency could be back in circulation
An objective assessment of note ban impact on GDP growth is tricky because the costs and benefits cannot be properly quantified
The government must spend the funds on activities like infrastructure development. There is nothing wrong in this -in fact, there is precedent for this type of spending and the government and the regu
If demonetisation is carried out over periodic intervals without prior intimation, people would be discouraged to hold cash
The RBI Governor clarified that liquidity will continue to be adequate
The global experience of inflation targeting has not been impressive, with the number of countries facing negative inflation increasing in the last few years. The question is: Are such price declines