India: Macro policy

* India: Strong economic growth to remain local, Shumita Sharma Deveshwar, 15 Jun 2017
Despite India’s rising share in world GDP, the impact of growth drivers will be mainly domestic
* India: Return of cash bodes ill for tax revenues, Amitabh Dubey, 1 Jun 2017
Growth in digital payments is gradually reverting to the mean
* India: GST rollout threatens supply disruptions, Shumita Sharma Deveshwar, Amitabh Dubey, 25 May 2017
Even as big corporates gear up for the key tax reform, concerns about lack of preparedness among smaller firms and the government abound
* India: Political decisions will disrupt reform, Amitabh Dubey, 18 May 2017
Modi has notched up some hits and some misses, but demonetization presages a shift towards politically-motivated unpredictability
* India: Headline GDP obscures unbalanced growth, Shumita Sharma Deveshwar, 4 May 2017
The economic recovery will likely be gradual, uneven and, overall, fragile
* 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
* India: Cautious budget does little to stimulate growth, Shumita Sharma Deveshwar, Amitabh Dubey, 2 Feb 2017
Structural reform is not being advanced
* 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
* 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
* 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