Piecing together disparate data for economic and market insights
GDP growth may get hurt too as a weaker currency and higher interest rates drag down consumption to bridge balance of payments deficitNeelkanth Mishra | Last Updated at September 4, 2018 23:17 IST (This was published in the Business Standard: link) Imagine a household that consumes Rs 100 but only earns Rs 80, and bridges … Read more
There’s much in favour of Telangana’s Rythu Bandhu scheme but a lot that goes against it as wellNeelkanth Mishra | Last Updated at July 4, 2018 05:55 IST (This was published in the Business Standard: link) For decades, an important income transfer from the (largely non-farming) rich to the (largely farming) poor in India occurred … Read more
With volatility in global currency markets up again, debate on rupee’s correct value has restartedWritten by Neelkanth Mishra | Updated: June 18, 2018 12:43:57 am (This was published in the Indian Express: link) “Are foreign capital inflows India’s ‘Dutch disease’?” An astute observer of the Indian economy asked me this question a few months back. … Read more
The collapse in data prices hurts the telecom industry, but is transformative for the economy, adding 5% to GDPNeelkanth Mishra | Last Updated at June 6, 2018 05:54 IST (This was published in the Business Standard: link) As a proportion of per capita income, data on Indian mobile networks has gone from being the most … Read more
Did a shortage of equity capital in India contribute to banking stress? What happens in the next investment upturn?Neelkanth Mishra | Last Updated at May 2, 2018 05:56 IST (This was published in the Business Standard: link) Were the banking problems that India is in the middle of inevitable? Is there more to this situation … Read more
It has been one of the weakest currencies globally this year, with suspicions of capital flight and slowing capital inflowsNeelkanth Mishra | Last Updated at April 4, 2018 05:57 IST (This was published in the Business Standard: link) This year, the Indian rupee ranks 26th in strength among the top 30 currencies globally, and is … Read more
But waiting for the market to self-correct could be costly for the economyNeelkanth Mishra | Last Updated at March 7, 2018 05:57 IST (This was published in the Business Standard: link) At just about the same time that India’s economic growth has started to pick up from the recent trough, monetary conditions have begun to … Read more
Agricultural exports appear to be the only sustainable and non-inflationary path to improving agricultural incomesNeelkanth Mishra | Last Updated at February 7, 2018 05:58 IST (This was published in the Business Standard: link) Hard indicators of consumption in India point to a two-speed economy. Upper-end consumption appears steady: Growth in sales of cars and consumer … Read more
Since demonetisation, 10.1 mn new taxpayers have filed returns, versus an average of 6.2 mn in the prior 13 monthsNeelkanth Mishra | Last Updated at January 30, 2018 12:47 IST (This was published in the Business Standard: link) The Economic Survey 2018 (ES) is not really a precursor to the Union Budget 2018; that is, … Read more
Fertilisers are the largest component of non-labour farming costs, accounting for a third or more, on average, for both kharif and rabi cropsNeelkanth Mishra | Last Updated at January 1, 2018 22:48 IST (This was published in the Business Standard: link) That the Indian farmer is in distress is among the few remaining certainties in … Read more