How Much is Not Too Much?

Four economists argue for Arun Jaitley against Urjit Patel on RBI reserves On October 26, Reserve Bank of India (RBI) deputy governor Viral Acharya had made a passionate speech warning that governments that raid the reserves of their central bank, as

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Solving BOTs Through TOTs

For real privatisation in infrastructure, the old model needs to be inverted The Narendra Modi government has failed to privatise any public sector undertaking (PSU). Its sale of minority stakes in several PSUs is disinvestment, not privatisation — the latter

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