Rathin Roy

All stories by Rathin Roy

Budget 2021: No evidence of an economic strategy

Budget 2021: No evidence of an economic strategy

Rediff.com15 Feb 2021

There are several welcome standalone reforms, but these do not add up to a coherent strategy to achieve a $5 trillion economy or secure Aatmanirbharta, observes Rathin Roy.

India is in a financial mess

India is in a financial mess

Rediff.com19 Aug 2020

'In a serious fiscal situation like this, an ostrich-like focus on annual budgeting, event management and defensive rhetoric will only make matters worse,' warns Rathin Roy.

Why we import what we do from China

Why we import what we do from China

Rediff.com22 Jul 2020

We import from China not because we love China, but because they sell us these things at cheap prices, points out Rathin Roy.

6 important economic lessons of coronavirus

6 important economic lessons of coronavirus

Rediff.com13 Mar 2020

'The coronavirus epidemic highlights the need to start thinking more actively about multilateral coordination, including, but not confined to, health emergencies and climate uncertainties,' says Rathin Roy.

What Modi can do to tackle slowdown

What Modi can do to tackle slowdown

Rediff.com1 Nov 2019

'Event management can distract from, but not permanently mask, execution failures,' points out Rathin Roy, director, National Institute of Public Finance and Policy.

Did the Budget ignore the fiscal crisis?

Did the Budget ignore the fiscal crisis?

Rediff.com16 Jul 2019

'The Budget numbers presented severely underestimate the magnitude of the unstated fiscal crisis that we went through in 2018-2019, which cannot be conceivably be fully reversed in 2019-2020,' points out Rathin Roy, director, National Institute of Public Finance and Policy.

Time to focus more on inclusive medium term fiscal policy

Time to focus more on inclusive medium term fiscal policy

Rediff.com31 Jan 2017

Inclusive growth is about enabling wider participation in the growth story, but the current if fiscal debate is about how to compensate losers using annual Budgets, says Rathin Roy.

Economic breakthrough? 15 questions and a plea

Economic breakthrough? 15 questions and a plea

Rediff.com17 Jun 2016

Over 15 years, with seven per cent growth, the Indian economy will be three times bigger.

Growth at the heart of India's transformation agenda?

Growth at the heart of India's transformation agenda?

Rediff.com3 May 2016

energy is India's binding supply-side constraint for inclusive growth.

Government addresses the Achilles heel of fiscal management

Government addresses the Achilles heel of fiscal management

Rediff.com1 Mar 2016

The government has at last commenced important structural reforms.

India faces a complex economic crisis

India faces a complex economic crisis

Rediff.com8 Jan 2016

This is a terrible situation for a growing economy to be in, and the central bank would be expected to act to correct the situation.

How bad is deflation for the economy

How bad is deflation for the economy

Rediff.com11 Dec 2015

If oil prices rise, the government would face an uncomfortable political decision.

Why governments fail in delivering what they promise

Why governments fail in delivering what they promise

Rediff.com4 Sep 2015

Poor predictability, credibility and effectiveness of fiscal performance have been key reasons for successive governments failing to deliver on their promises.

Politics behind India's growth projections

Politics behind India's growth projections

Rediff.com5 May 2015

Most forecasts do not have a track record of transparency and accuracy

Modi sarkar must focus on credible fiscal target to ensure stability

Modi sarkar must focus on credible fiscal target to ensure stability

Rediff.com10 Mar 2015

The recent agreement between the RBI and the Centre marks a significant step forward toward financial inclusion.

Budget reflects a strong sense of political will for reforms

Budget reflects a strong sense of political will for reforms

Rediff.com1 Mar 2015

The Budget is remarkably coherent.

Few things RBI expects from the Modi government

Few things RBI expects from the Modi government

Rediff.com9 Dec 2014

The RBI expects change, presumably commencing in the next Budget, but must hold its current view until this actually happens.

Plan Panel is scrapped, govt must now have a roadmap to reforms

Plan Panel is scrapped, govt must now have a roadmap to reforms

Rediff.com11 Nov 2014

The implementation of their recommendations means that an adequate apparatus to change this is at the disposal of the government.