Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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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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India Monitor: Rajan’s exit shows that all is not well with India’s growth story

Overview

Intense speculation over the future of Reserve Bank of India (RBI) Governor Raghuram Rajan was finally silenced over the weekend when the central bank head said he will return to academia in the US once his three-year term ends in September. Rajan will become the first Governor in two decades not to serve a five-year term, and his departure raises questions about the economic priorities of the current government. We analyse below the implications for monetary policy and bank reform...

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