Economic News

  • Viewpoint: Balancing growth with inequality

    MEDC | 28 JAN,2023

    India's K-shaped Covid recovery is now in its third year, and there is no sign of a let-up. Attention will need to be paid to this disconcerting fact in the forthcoming budget... Read more

  • The cluster approach

    MEDC | 28 JAN,2023

    Focusing on the cluster approach for MSMEs will help sharpen their competitive edge, narrow development gaps, and accelerate regional economic growth. It is worth pursuing. St... Read more

  • Rising digital payments

    MEDC | 28 JAN,2023

    The increased adoption of digital payment mechanisms in India has been a boon for the economy. It has boosted a range of smaller businesses, as it enables rapid and secure ban... Read more

  • Central banks and global recession

    MEDC | 28 JAN,2023

    RBI has taken appropriate steps in its recent monetary policy announcements. Even though the world's inflation problem is easing, a recession still seems likely. The US Fed ha... Read more

  • Viewpoint: Managing fiscal consolidation

    MEDC | 23 JAN,2023

    The preparation of the budget is an art wherein various competing demands on various resources are considered by policymakers and appropriate decisions are taken. The options ... Read more

  • Fragmentation costs

    MEDC | 23 JAN,2023

    A recent IMF report put the costs of the current fragmentation of the global economy up to around 7% of GDP. It is estimated that these costs could even reach 8 to 12% of GDP ... Read more

  • Supply chain diversification

    MEDC | 23 JAN,2023

    The World Economic Forum has rightly said that supply chain diversification will benefit India. With the global economic landscape expected to remain challenging for some time... Read more

  • A $3.7 trillion economy

    MEDC | 23 JAN,2023

    The RBI's January 2023 Bulletin says that India will be a $ 3.7 trillion economy in 2023. Lead indicators suggest that the domestic current account deficit is likely to reduce... Read more

  • Viewpoint: Risks to economic growth

    MEDC | 17 JAN,2023

    A recently published World Economic Forum report highlighted a cost-of-living crisis, digital inequality, geopolitical competition for resources, natural disasters, and extrem... Read more

  • Strengthening vaccine diplomacy

    MEDC | 17 JAN,2023

    India's Covid experience with vaccines – including developing, manufacturing, distributing, and administrating them not only to its own billion-plus population, but also... Read more

  • Transiting to EVs

    MEDC | 16 JAN,2023

    All indications are that the adoption of electric vehicles (EVs) will rise in the medium term. But a word of caution is in place. Given India's power situation, it is not wise... Read more

  • Managing core inflation

    MEDC | 16 JAN,2023

    Core inflation in India still remains unacceptably high. Today it is around 6.1%, which is outside RBI's comfort zone. Core inflation eliminates the volatile components of foo... Read more

  • Viewpoint: Budget options and opportunities

    MEDC | 09 JAN,2023

    With most of its macroeconomic fundamentals in place, India has weathered the global headwinds relatively well. Its fiscal and current account deficits are not too comfortable... Read more

  • The green hydrogen revolution

    MEDC | 09 JAN,2023

    The government approved an initial outlay of Rs. 19,744 crore for the National Green Hydrogen Mission. This is a welcome step. Creating the new hydrogen economy is a massive a... Read more

  • Optimizing GVCs

    MEDC | 09 JAN,2023

    The gradual economic ostracization of China means that MNCs are relocating from there in large numbers to other parts of Asia and the world. This is India’s golden oppor... Read more

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