India

* India: The return of farm loan waivers, Amitabh Dubey, 28 Apr 2017
Agriculture/food
* Indian Reserve Bank seeks to regain its own voice, Shumita Sharma Deveshwar, 20 Apr 2017
The Governor’s focus on inflation and his criticism of the farm loan waiver are signs of the central bank trying to reassert autonomy
Macro policy
* India: Hindu hardliners on the ascendant, Shumita Sharma Deveshwar, 24 Mar 2017
Modi incorporates Hindu nationalism into his policy mix of populism and development
Politics/governance
* India: The political consequences of Modi’s state election victory, Amitabh Dubey, 17 Mar 2017
Modi’s re-election prospects in 2019 are strong
Politics/governance
India: On the road in Uttar Pradesh: Modi’s BJP set to win key election India: On the road in Uttar Pradesh: Modi’s BJP set to win key election, Shumita Sharma Deveshwar, 8 Mar 2017
Modi’s nationalist, pro-poor rhetoric appears to have worked in a high-stakes election
Politics/governance
* India: On the road in Mumbai and New Delhi: Investor optimism is high, despite the looming risk of economic disruption, Shumita Sharma Deveshwar, Jon Harrison, 16 Feb 2017
The effects of demonetization and the expected GST rollout will filter through the economy in the longer term but will have a negative impact over the next 12 months, raising worries about the strength of the recovery
Politics/governance
* India: On the road in Punjab ahead of crucial vote outcome, Amitabh Dubey, Shumita Sharma Deveshwar, 8 Feb 2017
Local issues dominate the polls amid demonetization pinch
Politics/governance
* India: Cautious budget does little to stimulate growth, Shumita Sharma Deveshwar, Amitabh Dubey, 2 Feb 2017
Structural reform is not being advanced
Macro policy
* India: Why the government is likely to deviate from fiscal conservatism, Shumita Sharma Deveshwar, Nicolo Bandera, 25 Jan 2017
State spending has compensated for the lack of private investment as the demonetization-induced slowdown delays any recovery
Macro policy
* India: Modi’s nationalist-populist turn reinforces his electoral prospects, Shumita Sharma Deveshwar, Amitabh Dubey, 13 Jan 2017
Notwithstanding the economic damage caused by demonetization, Modi remains popular ahead of key state polls in February
Politics/governance
* India: On the road in Uttar Pradesh as confidence in demonetization drive dips, Amitabh Dubey, Shumita Sharma Deveshwar, 14 Dec 2016
Modi’s gamble heads for its moment of reckoning as the cash crunch shows no signs of abating two weeks before his own deadline expires
Macro policy
* India: RBI reveals limits of monetary policy, Shumita Sharma Deveshwar, 7 Dec 2016
Monetary policy cannot control the cash-dependent unbanked and informal sectors of the economy, which have been worst hit by the banknote ban
Macro policy
* India: Demonetization may succeed in electoral terms, but with huge collateral damage, Shumita Sharma Deveshwar, 24 Nov 2016
The economic fallout is bigger than the government anticipated and the effectiveness of implementation is in question
Macro policy
* India: Black money crackdown to hurt near-term economic growth, Shumita Sharma Deveshwar, 9 Nov 2016
A positive step for transparency, banking and formalizing the economy, but asset prices to deflate in the short run
Macro policy
* India: Slow resolution of bad debt retards revival of industrial growth, Shumita Sharma Deveshwar, Nicolo Bandera, 27 Oct 2016
The government lacks a comprehensive programme to resolve rising bad debts and to recapitalize cash-starved banks
Macro policy
* India: There is still a risk that tensions with Pakistan will escalate, Amitabh Dubey, 17 Oct 2016
A destabilizing tit-for-tat exchange could occur even though neither country wants war
Regional security
* India: What the RBI’s policy action tells us about changing government priorities, Shumita Sharma Deveshwar, 6 Oct 2016
Political concerns over unbalanced economic recovery trump policy orthodoxy
Macro policy
* India: Headed towards a new monetary policymaking paradigm, Shumita Sharma Deveshwar, 22 Sep 2016
New central bank leadership will probably shift emphasis to boosting growth
Macro policy
* India Monitor: Slow start for “Make in India”, Amitabh Dubey, 5 Sep 2016
FDI is rising but is flowing to services rather than manufacturing
Macro policy
* India: Why rolling out the GST by April 2017 is not guaranteed, Shumita Sharma Deveshwar, Amitabh Dubey, 24 Aug 2016
A political battle looms over the GST rate
Politics/governance
* India: New RBI Governor's appointment signals continuity, but expect change, Shumita Sharma Deveshwar, Amitabh Dubey, 22 Aug 2016
Inflation hawk Urjit Patel’s role may be circumscribed by a new MPC and pressure to go easy on indebted companies
Politics/governance
* India: The new RBI Governor will face pressure to cut rates, Shumita Sharma Deveshwar, Nicolo Bandera, 4 Aug 2016
But can growth be stimulated without pushing inflation higher?
Macro policy
* India: Political compromise to pass GST bill nears, Amitabh Dubey, 21 Jul 2016
The government and the opposition are close to an agreement to pass this long-delayed bill
Politics/governance
* India: Modi bets on faster growth, Shumita Sharma Deveshwar, Amitabh Dubey, 12 Jul 2016
Growth push to come at the expense of monetary and fiscal orthodoxy
Macro policy
* India Monitor: Modi’s reshuffle keeps political realities in mind, Amitabh Dubey, 8 Jul 2016
Politics/governance