Tag Search: “monetary policy”

Demonetisation, cattle slaughter ban, and India's cyclical agrarian crisis

In this article, Parag Waknis discusses why India’s rural economy is always on the precipice of crisis, and how the recent shocks of demonetisation and cattle slaughter ban exacerbated the crisis by d...

  • Perspectives

The economic and political consequences of India's demonetisation

The ruling party at the centre won the Uttar Pradesh state election despite its demonetisation policy having some negative economic impacts on the Indian economy. By combining primary data from survey...

  • Articles

Should emerging markets worry about US monetary policy announcements?

Emerging economies are routinely affected by monetary policy announcements in the US. This column finds that US monetary policy surprises have a significant impact on emerging economies’ exchange rate...

  • Articles

How India can reduce the size of its black economy

In this article, Parag Waknis contends that if the Indian government is serious about addressing the black economy, fundamental changes in the structure and organisation of the economy and politics ar...

  • Perspectives

Reviving the informal sector from the throes of demonetisation

While recent measures announced by the government indicate some awareness of the hardships inflicted on the informal sector by the note ban, more needs to be done. In this article, Bhattacharya, Mitra...

  • Perspectives

Union Budget 2017-18: No amends for the sins of demonetisation

Commenting on India’s Union Budget 2017-18, Siddharth Varadarajan, a Founding Editor of The Wire, contends that dealing with the aftereffects of demonetisation requires a fiscal and monetary boost, bu...

  • Perspectives

An economist’s view on recent domestic and world events

Dilip Mookherjee spoke to Hindu Business Line at length on a variety of issues including demonetisation, the upcoming Budget, and the Trump Presidency’s impact on the world economy.

  • Perspectives

How to go about chasing black money

In the context of demonetisation, Indira Rajaraman argues that the focus of any sustainable reform of the taxation structure must be on reducing flows of tax evasion, not going after existing caches o...

  • Perspectives

Aadhaar, demonetisation, and the poor

There is a view that an Aadhaar-centred apparatus of digital inclusion can shield the poor from the problematic effects of demonetisation. In this article, Silvia Masiero argues that constraints of te...

  • Perspectives

Assessing the impact of demonetisation through the gender lens

In this article, Mitali Nikore, Senior Consultant at PwC India, highlights how demonetisation is impacting women differentially, and offers policy suggestions on how the negative effects can be mitiga...

  • Perspectives

Terms of trade shocks and monetary policy in India

Understanding monetary policy design in emerging markets and developing economies is a growing area of research. One aspect that is missing is how distortions in the agricultural sector translate into...

  • IGC Research on India

On demonetisation

On the evening of 8 November, the Prime Minister announced on national television that Rs. 1,000 and 500 notes are no longer legal tender, and must be exchanged at the banks for newly issued currency....

  • Symposium