Rathin Roy

Unlock BFSI 2.0: Rural India revival difficult to sustain, say economists

It is a misconception that all of rural India is doing well amid the outbreak of Covid-19, said Pronab Sen

Assumption of rate cut delivering growth simply not working: Rathin Roy

Rathin Roy expresses concern on the collateral free lending scheme as not making the cut from a regulations perspective.

Our imports are driven by pure economics, not love for China: Rathin Roy

In a Q&A, the director of NIPFP, who steps down in August, dwells on his reasons for quitting and his future plans,

Covid-19: Experts seek income support, cash transfer for those affected

NIPFP's Rathin Roy said that providing income support and preventing wealth disruptions is a necessary requirement in the current situation.

We have to treat the economy as if this is wartime, says Rathin Roy

The impact of the crisis, even without community transmission, is also not going to be negligible, says Roy

Rathin Roy among three new independent directors in CG Power board

The other two are former Tupperware MD Pradeep Mathur and former IAS officer Aditi Raja

Painful medium-term steps needed to get economy back on track: Rathin Roy

Rathin Roy chats with Arup Roychoudhury about his life, his views on the slowdown and on economic policies in general

Govt expands PM's Economic Advisory Council; appoints 3 part-time members

A notification by the Cabinet Secretariat announced the addition of Neelkanth Mishra, Nilesh Shah, Anantha Nageswaran's names as part-time members of the EAC-PM

India staring at silent fiscal crisis, says PM's advisor Rathin Roy

The PM-EAC member also says that India faces a silent fiscal crisis owing to a shortfall in tax revenues

Set up 'fiscal council' to enable better economic decision: Rathin Roy

Economist Rathin Roy outlined governmental constraints in the budget making aspect of the Indian public finance

Firm believer in need for a fiscal council: Rathin Roy

RATHIN ROY, member of the NK Singh committee on a new Fiscal Responsibility and Budget Management (FRBM) law and Director, National Institute of Public Finance and Policy, talks to Arup Roychoudhury on their recommendations. Edited excerpts:The committee has recommended a debt to GDP ratio of 60 per cent for governments in general by 2023. This comprises 40 per cent for the Centre and 20 per cent for states. Given the current debt levels, does adopting this path mean the burden of reducing the public debt falls squarely on the Centre? No. For reasons elucidated in the report, states, collectively, will have to consistently reduce their fiscal deficits by at least 0.16 per cent of GDP each year, to maintain the current debt level at 20 per cent. The path for individual states can be specified by the 15th (next) Finance Commission and the government can take a view on the extent of fiscal consolidation to be undertaken in the interim.The committee has recommended maintaining the ...