By rolling out the UBI, the government is washing its hands off the obligation of ensuring food, shelter, education, healthcare and social security. Read more »
The exposure and impact would be huge if the underlying index declines as it is in the derivative segment. Read more »
The contributions of Paul Milgrom and Robert Wilson have helped evolve professional and transparent approaches for price discovery and efficient allocation. Read more »
The proposed borrowing will not reflect on the Union Budget, but will appear as capital receipts in state budgets. Read more »
IMF says the Indian economy will fall by 10.3% in the current financial year, compared with 4.5% contraction predicted in June. Read more »
Cooperation is a state subject governed by state laws. This acts as a major obstacle to shape co-operatives’ legal form and their listing on stock exchanges. Read more »
Tweaking of weights in inflation indices makes sense, given the policy objectives of RBI policy – price stability and economic growth. Read more »
In case of a dispute between Centre and the states on the recommendations of the GST Council, a dispute resolution mechanism can be established. Read more »
Emerging markets need some kind of market-based capital flow management and macro-prudential measures as well as more exchange rate flexibility. Read more »
It is surprising that the Reserve Bank of India stuck to a literal, narrow interpretation of its mandate and chose to focus on short-run inflation. Read more »