Piecing together disparate data for economic and market insights
It won’t be painless. Five priorities: railways, energy, GST, inflation, PSU banks. Written by Neelkanth Mishra | Updated: May 28, 2014 12:09:16 am (This was published in the Indian Express: link) The strength of the electoral verdict is breathtaking and rare. First, the BJP does not have to “compromise” any of the 12-15 economically relevant … Read more
Piketty starts with a denunciation of economic theory and its inclination to theorise without any data.Written by Neelkanth Mishra | May 10, 2014 4:37:07 am Book: Capital in the Twenty-First CenturyAuthor: Thomas PikettyPublisher: Harvard Business PublishingPages: 696 pagesPrice: Rs 1495 (This book review was published in the Indian Express: link) Rising income inequality has been … Read more
Alagh emphasises the need for improvements in agricultural productivity through higher capital investment, in order to move the workforce out of agriculture.Written by Neelkanth Mishra | April 12, 2014 2:22:38 am (This book review appeared in the Indian Express: link) Book: The Future of Indian AgricultureAuthor: Yoginder K. AlaghPublisher: National Book TrustRs 90 Agriculture is … Read more
Agricultural GDP is underestimated due to inaccurate non-cereal data. Written by Neelkanth Mishra | Updated: January 9, 2014 9:41:30 pm This article appeared in the Indian Express (link). It started with a mundane question: what is the chicken population in India? There are glaring inconsistencies in the available data. The National Sample Survey Organisation’s (NSSO’s) … Read more
Written Neelkanth Mishra | Updated: Jan 2 2014, 02:56am hrs (This was published in the Financial Express: link) In an earlier column in this paper, we pointed out that expectations of a sharp revival in large-scale investments post elections in 2014 are misplaced (Elections won’t trigger revival, December 12, 2013, goo.gl/h3drK6). Middle-income consumption growth is … Read more
Written Neelkanth Mishra | Updated: Dec 12 2013, 10:34am hrs (This was published in the Financial Express: link) As the dust settles around the state election results and the media hyperboles surrounding them, it is time to take stock of how they impact the economy and earnings. Given that the four states of Madhya Pradesh, … Read more
Written Neelkanth Mishra | Updated: Oct 8 2013, 08:20am hrs (This was published in the Financial Express: link) With the rupee stabilising after a strong rebound, and a semblance of confidence having returned, it is time to look back and take stock of what really happened in July and August, when it seemed as if … Read more
How India is using the opportunities in a weak currency, in terms of import substitution and a spurt in exports. Written by Neelkanth Mishra | October 4, 2013 2:29:00 am This appeared in the Indian Express. (link) A weak currency helps growth, and is in many ways equivalent to monetary easing. One recalls the fear … Read more
Why policy needs to address the small entrepreneurs, help them scale up Written by Neelkanth Mishra | August 6, 2013 3:46:09 am (This appeared in the Indian Express : link) It is surprising how frequently we limit our worldview to “people like us”. Nowhere is this more obvious than when commentators fret about a collapse … Read more
Written by Neelkanth Mishra | Updated: Jul 31 2013, 11:06am hrs (This was published in the Financial Express: link) There is a perceptible fear among investors and corporates that the Reserve Bank of Indias recent tightening of liquidity to protect the currency is a precursor to a prolonged period of high interest rates. To assess … Read more