Amitabh Dubey

Director of India Research
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Recent India research

* India: Fiscal policy puts Modi at odds with RBI, Shumita Sharma Deveshwar, 12 Oct 2017
* India: Gujarat poll to test identity vs economics, Amitabh Dubey, 5 Oct 2017
* India In Charts: A disappointingly slow recovery ahead, Shumita Sharma Deveshwar, 21 Sep 2017
* India: RBI firm on inflation, despite growth risk, Shumita Sharma Deveshwar, 14 Sep 2017
* India: Modi risks losing control of jobs narrative, Amitabh Dubey, 8 Sep 2017

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The politics of Indian financial sector reform

Overview

The global financial crisis has put any reform momentum in India’s financial sector on hold, as the government focuses on firefighting and protecting itself from political attacks ahead of national elections. Deregulation in the form of easing controls on foreign inflows is continuing, spurred by capital outflows that have driven the rupee down and caused foreign exchange reserves to shrink. But any measures in the coming months will be purely tactical and aimed at shoring up...

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