Opinion

To keep public debt in control, the Centre should aim to reduce its primary deficit bit by bit once the pandemic is over. But our FRBM law should be amended to drop all specific targets

Charges that this monetary policy regime has failed in India do not really withstand examination

With exports curbed and a market yet to be allowed in India, SII has effectively been turned into a captive supplier to the state. We should make space for the profit motive to spur it on

Heightened savings, despite the negative real rates of interest people get on the deposits, could also be a sign of precaution getting the better of consumption among households

That equity-linked saving schemes were among the top performing categories among equity funds reinforces that possibility

• The committee’s nuanced forward guidance lends us hope even as RBI boosts its risky game of yield curve management
• The MPC’s subtle shift in guidance makes space for inflation control, if need be. And while it wants an ‘orderly’ yield curve governed by fundamentals, the bond market can’t expect a level playing field

The high growth projections of the IMF and RBI for India look odd, as the strong revival they indicate seems to overlook the damage that a big covid resurgence is likely to cause.

A big spat over jab availability and access has spotlighted an acute scarcity of information on India’s vaccination drive. Let’s set up a data dashboard that is open to wide verification