Rajesh Kumar

Associate Editor, Business Standard

[Business Standard @bsindia]

#Opinion | To create more #fiscalpolicy space, India will need a faster reduction in #debt over the next several years. Therefore, the government would be well advised to chart a debt reduction path, outlining medium-term targets.

@Rajesh_views #budget

https://t.co/GemUmWID3c

[Sonal Varma @SonalVarma10]

Macro policy for uncertain times |External storms are morphing into hurricanes. India is in a relatively better position than many other countries, but this period of heightened volatility will require agility and clarity on policy https://t.co/Wwc2JiKOlV

[Rajesh Kumar @Rajesh_views]

My piece on freebies: Fiscally stressed governments would cut welfare and capital spending, which will hurt citizens at the bottom of the income pyramid the most https://t.co/Uwcupyeo8d @bsindia

[Rajesh Kumar @Rajesh_views]

New piece on how RBI missed the #inflation surge: As it gave more importance to growth, the objective of price stability became secondary https://t.co/GZ32PTpQC0 @bsindia

[Rajesh Kumar @Rajesh_views]

.@pranjulb : Higher inflation is here to stay https://t.co/ePDsyuoDuK

[Rajesh Kumar @Rajesh_views]

.@bsindia edit on #RepoRate hike: Had the RBI accounted for consistent inflationary pressures and maintained the needed balance between the objectives of supporting growth and maintaining price stability, it would have avoided an emergency rate hike. https://t.co/6zGetxKrGF

[Rajesh Kumar @Rajesh_views]

Piece on why dollar dominance will continue: Its share in reserves has declined from 71 to 59% since 1999. But this has not led to an increase in share of other traditional reserve currencies.
Yuan will not be a challenge for a very long time https://t.co/Lg9YAQglUv @bsindia

[Ritesh Kumar Singh @RiteshEconomist]

By disproportionately cutting the reverse repo rate and making it the operational rate with a massive infusion of liquidity, the RBI made the MPC practically irrelevant @Rajesh_views
https://t.co/R3HBZJRZf9

[Rajesh Kumar @Rajesh_views]

Piece on why it’s time to widen the policy focus. The bigger issue for the Indian economy is that growth is likely to revert to pre-pandemic levels despite the given level of monetary and fiscal accommodation https://t.co/q7OVDQNJKH @bsindia

[Rajesh Kumar @Rajesh_views]

How quickly oil changes the India story: Current level of energy prices could shave 3 per cent off India's GDP https://t.co/V2d8aeAKws @neelkanthmishra

[Rajesh Kumar @Rajesh_views]

.@arvindsubraman & @FelmanJosh: Fiscal dominance — monetary policy influenced by the public finances — is back, with a vengeance https://t.co/DFZVFNcThS

[Ritesh Kumar Singh @RiteshEconomist]

An increase in populist #subsidies or dole out schemes would leave so much less for the government to spend on capacity-enhancing projects such as public health. a nice analysis by @Rajesh_views
#UPElections2022 #Punjab #AAP #electricity #Capex #India
https://t.co/PBn7fL8ere

[Rajesh Kumar @Rajesh_views]

What the Budget can to for infrastructure https://t.co/0pKLICcyPT
@Infra_VinayakCh

[Rajesh Kumar @Rajesh_views]

.@neelkanthmishra: How the focus has shifted from availability of fiscal space to ability to spend productively https://t.co/chXUbMl5di

[Rajesh Kumar @Rajesh_views]

My piece on how the government can reshape its disinvestment programme https://t.co/3QaITzgPEy @bsindia

[Rajesh Kumar @Rajesh_views]

.@nrbmurthy73: The argument that the new methodology overestimates GDP requires deeper analysis
https://t.co/C4m81ifTwI

[Rajesh Kumar @Rajesh_views]

My new piece on foreign exchange reserves. While higher reserves provide stability on the external account, the RBI cannot endlessly keep accumulating FX because of its own set of policy complications
https://t.co/1hjbxnJGo6 @bsindia

[Rajesh Kumar @Rajesh_views]

My piece on India’s fiscal outlook. A lower than desired policy intervention at various levels could make government finances a constraint for growth in the medium term and increase financial stability risks https://t.co/EByo0OJ12H @bsindia

[Rajesh Kumar @Rajesh_views]

My piece on why in absence of adequate preparation any meaningful attempt to move towards a green economy could create serious fiscal, growth, and financial stability risks https://t.co/ZNXpVXVcLk

[Rajesh Kumar @Rajesh_views]

"Carnage was not the whole story"