Archive for September 17th, 2012

RBI’s Mid-Quarter Monetary Policy Review: Sep 2012

September 17, 2012

RBI released its much awaited mid-quarter policy review today.

My review of the policy here

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Inflation Responses to Commodity Price Shocks – How and Why Do Countries Differ?

September 17, 2012

A nice paper which does offer some answers for India’s inflation problem. It looks at how inflaiton moves post commodity price shocks in different econs:

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Not one mention of spiraling inflation (PM’s statement at the Full Planning Commission Meeting)

September 17, 2012

People might think I am just a critique of Indian government policies for nothing. However, statements from leading policymakers only forces you to keep criticising.

If there was another moment to prove the growth at all costs fascination for Indian government, it is this recent speech by India’s PM. This speech has created waves for PM’s three growth scenarios for 12th plan. However, there is just no mention of an equally bigger problem of inflation. Where search for “growth” leads to 16 finds, for inflation there are none.

The speech notes of some achievements of 11th 5yp:

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