Suveera Malhotra, ISPP Scholar 2021-2022, engages with Professor Pronab Sen, former Chief Statistician of India, about the state of the Indian economy in 2022, and the way forward. He also provides his opinion about the upcoming Budget 2022.
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Category: Finance & Economy
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In Conversation with Prof. Pronab Sen: State of the Indian Economy in 2022
An alternate approach to understanding the impact of the COVID-19 shock on India’s economic activity
Despite a brutal second wave with cases peaking in April-May 2021, India’s Gross Domestic Product (GDP) grew at a record pace of 20.1 percent in the April-June 2021 quarter compared to the corresponding period last year. The GDP, in absolute terms, stood at Rs 32.38 lakh crore (constant prices). This was actually lower by 9.2… Continue reading An alternate approach to understanding the impact of the COVID-19 shock on India’s economic activity
Budget bats for key policy measures in the banking sector: Implementation is the key
The Union Budget for FY 2021-22 presented on February 1, 2021 has the distinction of being the first budget after Covid-19 devastated much of the world, including India. India registered a historic contraction of nearly 24% in its Gross Domestic Product (GDP) in the first quarter of the current financial year, unemployment surged, small enterprises suffered acutely… Continue reading Budget bats for key policy measures in the banking sector: Implementation is the key
State of Public Finance in India during COVID-19
The novel coronavirus pandemic has cast a long shadow of financial uncertainty for both the Centre and states. The impact of the pandemic on the economy and the lives of the economically and socially disadvantaged requires a sizeable government funding exercise to try and limit the ripple effects of the pandemic. Livelihoods need to be… Continue reading State of Public Finance in India during COVID-19
India and Covid-19: Economic Challenges, Impact and Policy
The Socratic Paradox has presented itself to the world once again. If there is one thing we know for certain about COVID-19 at this point in time, it is that we don’t know anything for certain. This uncertainty around the absolute knowledge is necessary to establish upfront since it ideally opens us up to the fact that… Continue reading India and Covid-19: Economic Challenges, Impact and Policy
The Path to a 5 Trillion$ Economy
On 9th September, a few scholars from the ISPP attended an IGC panel discussion on ‘Financing Development in India.’ The panelists included Ms. Prachi Mishra from Goldman Sachs, Dr. Ananth Narayan, Faculty of Finance from SP Jain Institute of Management and Research, and Mr. Andy Mukherjee from Bloomberg. The discussion was moderated by Dr. Pronab… Continue reading The Path to a 5 Trillion$ Economy