Articles by Madan Sabnavis
Dec 08, 2016
Demonetisation one month: What defines the success of note ban?How would we evaluate the success of the scheme? Will it be in terms of the gains in revenue relative to loss of GDP? Or will it be the measure of currency lost in the system?
Dec 08, 2016
RBI Monetary Policy: Here are the five key takeawaysArray
Dec 07, 2016
Jayalalithaa dead: How her policies made Tamil Nadu a successful welfare state with a differenceMs Jayalalithaa’s economic legacy will be more remembered in terms of what the government did for the alleviation of the poor, which has also been questioned by critics as being ‘populist’.
Nov 25, 2016
Demonetisation: Dodgy execution creates confusion but govt 'jugaad' may just workThe lesson really learnt is that if there is a strong scheme being implemented without much discussion, it has the advantage of using a surprise strike, but is bound to encounter several speed breakers as each issue involves a different authority which knows best how things work in the respective territory
Nov 23, 2016
Demonetisation gold pot: Will it all end up as an 'accounting adjustment' for RBI?Banks will be the biggest beneficiaries with deposits coming in large quantities leading to surplus liquidity in the system.
Nov 21, 2016
Demonetisation: A painful shift in rural economy, but all could be well by JanuaryThe farmers prefer to receive cash and while some do take in cheques there is a sense of doubt if the counter party is unknown
Nov 14, 2016
Demonetisation and ATM chaos: Is execution failure worth the pain? Wait till 1 JanuaryThe overall cost of the demonetisation exercise could run to Rs 30,000-40,000 crore, excluding the loss of GDP which cannot be made up like in services
Nov 09, 2016
US election 2016: What does Donald Trump's triumph mean for India IncDonald Trump's win the 2016 US presidential election brings both positive and negative news for India, especially because of his anti-immigration and protectionist policies related to international trade
Nov 09, 2016
Rs 500, Rs 1,000 note banned: Hold your excitement; it may just backfireWill it boost the economy? Very unlikely.
Oct 26, 2016
Ease of doing business: India needn’t fret over ranking; Here's why it’s not all that badThe significant part where the government can take credit is the improvement in the distance to frontier (DTF) which actually gives an idea of how much we are moving towards the ideal