Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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Recent India research

* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 2017
* India: Competition with China enters new phase, Amitabh Dubey, 3 Aug 2017
* India: Smooth GST rollout masks important risks, Shumita Sharma Deveshwar, 27 Jul 2017
* India: Politics hampers RBI’s battle for credibility, Shumita Sharma Deveshwar, 13 Jul 2017
* India: Food deflation changes electoral dynamics, Amitabh Dubey, 7 Jul 2017

See all our India research >>

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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