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After the adoption of the new economic policy in India, the country has reviewed its policies and made it more friendly in almost all the sectors.
Here in this policy watch section we have covered the policies formulated by India upon different sectors.
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The global crisis changed the face of monetary policy. Central banks deployed new tools to counter the effects of the crisis, which have reduced the risk of deflation, stabilised the financial system and calmed financial markets; but potential negative side effects remain. Two weeks ago, the IMF organized a major research conference, in honour of Stanley Fischer, on lessons from the crisis. Here is my take. I shall focus on what I see as the lessons for monetary policy, but before I do this, let me mention two other important conclusions. Read more
Joseph E. Stiglitz,
Mohamed A. El-Erian,
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