Dr Raghuram Rajan, who demitted office on Saturday leaves behind a rich legacy apart from the huge popularity he enjoyed. Even though he may be remembered as an inflation fighter – something for which he also received maximum flak – his contribution lies equally in financial sector reforms that he pushed through in most of the areas. … Continue reading The Legacy of Raghuram Rajan..
The proposal to set up the Monetary Policy Committee (MPC), being discussed for quite some time and put forward as part of finance bill got cleared by the Parliament last week. This paves the way for formation of the committee, which is actually an evolution of Indian policy making process in line with global best … Continue reading Monetary Policy Committee – What it entails..