Archive for July 27th, 2013

Taking a look at RBI Governor D. Subbarao’s report card..

July 27, 2013

A nice BS piece comparing performances of RBI Governors since 1990s across various macro parameters. This blog compared the performances across inflation a while ago.

By just looking at these macros, clearly Dr Subbarao’s performance is worse than his peers. The averages which should be up (GDP, forex reserves) are down and which should be down (inflation) are up. As BareTalk mentioned in his column — Subbarao has had the misfortune of having to serve under a government that has been the most incompetent

Though, I could not understand the interest rate used in the BS piece:

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Some honest remarks from India’s PM on need for economics..

July 27, 2013

Blogging is the last thing on my mind on a lazy Saturday evening.  However, when one sees comments/speech iike this one cannot control, Thanks to    Nitin Pai for pointing on his very active twitter handle.

In his recent comments at NCAER”s new foundation stone, India’s PM said:

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