The currency switch is one of a number of steps taken by the Modi government to crack down on corruption and tax avoidance.
- Associate Professor, Institute of Economic Growth, and Visiting Fellow, Bruegel, University of Delhi
Raghuram Rajan is not the first central bank governor to disappoint the government that appointed him.
Monetary policy involves more than managing inflation, which is why it sometimes takes a committee to decide interest rates.
Getting foreign investment into export-oriented labour-intensive sectors in India has been stymied by rigid labour laws.
Contact Pravakar for
- General
- Media request
- Speaking request
- Consulting / Advising
- Research collaboration
- Research supervision
- Location: Delhi, India
- Article Feed
-
- Joined
