Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by N. R. Bhanumurthy
Budget ticks all the right boxes
Indeed the Budget speech was well-structured with focus on four engines (agriculture, MSMEs, investment and exports), fuel (reforms), guiding spirit (inclusivity) and destination (Viksit Bharat) N. R. Bhanumurthy Published 02.02.25, 07:22 AM The Union Budget for FY26 was presented in the context of emerging significant downside risks domestically and, more so, on the external front that was exerting stress on all the three engines of growth — consumption, investment and exports.
Gender budget allocation for 2024-25 projected to be at 6.5 per cent of total budgetary outlay
The fundamental objective of gender budgeting is to understand the differential impact of budgets across genders and, accordingly, create policy options to address gender inequalities Bhabesh Hazarika, N. R. Bhanumurthy, Himanshu Gaydhani Published 03.02.24, 10:56 AM Representational image File picture Gender budgeting has been used by the government as a fiscal policy tool for mainstreaming gender-related issues into policy decision-making.
Balancing growth and development
The seven areas are inclusive development, reaching the last mile, infrastructure and investments, unleashing the potential, green growth, youth power and the financial sector. These seven issues are complementary and ultimately help in addressing the longterm issue of improving productivity for all the factors.
Union Budget 2021-22: Health all the way
| | Published 02.02.21, 03:17 AM The pandemic exposed several vulnerabilities in the health sector and recognising the need for an alert and active healthcare system, the Economic Survey argued for improving the health infrastructure. The Union Budget 2021-22 rightly recognises health and wellbeing as one of the six pillars to focus on. Two items stand out in this front. First, the allocation of Rs 35,000 crore for Covid-19 vaccine and the commitment to provide more money for vaccines.
Financial Globalization and Economic Growth in South Asia
Abrigo, M., Love, I. (2016). Estimation of panel vector autoregression in stata: A package of programs (Working Paper No. 16-2). Manoa: University of Hawaii. Google Scholar | SAGE Journals Arellano, M., Bover, O. (1995). Another look at the instrumental variable estimation of the error components model. Journal of Econometrics, 68(1), 29–51. Google Scholar | Crossref | ISI Artera, C., Eichengreen, B., Wyplosz, C. (2001).
Misreading the GDP report
The report of the Committee on Real Sector Statistics appointed by the National Statistical Commission (NSC) was available in the public domain (MoSPI website) since July 25. The sudden spate of media attention and the political debate that this report triggered from August 17 was, hence, surprising. The task assigned to the committee, among other terms of reference, was to link the old and new GDP series using a methodologically robust procedure.
RBI constrained by surplus liquidity, weak monetary policy transmission
The monetary policy committee has maintained status quo on the policy interest rate—the repo rate, at which the Reserve Bank of India (RBI) infuses liquidity into the banking system. On the contrary, it has actually hiked the reverse repo rate, at which it drains excess liquidity from the system, to 6%, thus narrowing the policy rate corridor to 25 basis points from the existing 50 basis points. One basis point is one-hundredth of a percentage point.
Is India staring at deflation?
The Chief Economic Advisor raised an alarm when he said, “price-wise, the economy appears to be in or close to deflation territory,” and this view was based on the GDP deflators estimated through first-quarter GDP data. This is indeed a serious issue at a time when all out efforts are on to revive the investment cycle and growth in the economy. So how serious is the issue of deflation in India?
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with N. R.
Contact N. R., search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack