Macrovariable Projections in Uncertain Times

International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments

The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely course of…

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Arun Kumar

Professor Arun Kumar, Distinguished Fellow at TPF, is the Malcolm Adisheshiah Chair Professor at the Institute of Social Sciences, New Delhi and was formerly professor of economics at Jawaharlal Nehru University from 1984 to 2015. He has an MA (Physics) from Princeton University, USA and PhD (Economics) from JNU. His recent book (published in Dec 2020), Indian Economy's Greatest Crisis:Impact of The Corona Virus and The road Ahead, has generated great interest and discussion.