Articles by Madan Sabnavis
Dec 28, 2016
Economy in year 2016: Brexit, Trump victory, demonetisation turn conventional wisdom aroundWe too are ending the year on an uncertain note, though there is the feel good factor that black money has been slayed or at least an attempt has been made to do so.
Dec 22, 2016
Demonetisation: Concerns on farm output minimal, but rural demand may feel the heat amid cash crunchThe demonetisation scheme has affected agriculture and linked activities not just in terms of affecting output at the margin, but also lowering potential income as this sector is almost fully cash driven
Dec 15, 2016
Fed hikes rate: Indian inflation may quicken, dollar inflows slow but growth is insulatedFed rate hike comes at a time when rates in India are falling. An analysis on what this means for the country
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