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October 17, 2024

K P Krishnan
IAS, former Secretary, Government of India

In a recent interaction with the public, the leadership of the Reserve Bank of India (RBI) spoke with some pride about the exchange rate stability of the past couple of years. Is this actually a matter to be proud of? In the language of the computer revolution, is this a feature or a bug? First, let’s examine the facts.

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Why exchange rate volatility is essential for economic flexibility

Can India adapt AI to suit the country’s specific needs and context?

Bihar is in need of an economic plan to escape its ‘sub-Saharan India’

Policy and Media