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Inflation of 5-6% during high growth is not too high: Kaushik Basu
World Bank Chief Economist Kaushik Basu is of the view that inflation of 5-6 percent for India is "not too high" during high growth trajectory. #Inflation #RBI #Kaushik Basu #TheySaidIt #Growth
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India will see another harsh year in 2013: Kaushik Basu
India will see another "harsh" year in terms of economic growth in 2013 as the European situation "will remain very difficult up to end of 2014", World Bank Chief Economist Kaushik Basu today said. #Economy #GDP #Kaushik Basu #TheySaidIt
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Why India adores its returnees and the logic of its love for Amrika
We are a self-criticial nation and see ourselves as survivors in a chaotic society with neither order nor governance nor intellectual heft. And hence, we foster this constant longing for Western thought and accomplishment. #Salman Rushdie #ConnectTheDots #Kaushik Basu #Raghuram Rajan #US Education #Western Civilisation
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India could revert to 9% growth in two years, says Kaushik Basu
India's growth rate is likely to revert to the pre-global crisis level of 8.5-9 percent after two years, World Bank Chief Economist Kaushik Basu said today. #India #GDP #Kaushik Basu #TheySaidIt #fiscal deficit
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UPA-nomics may be killing jobs, and job quality too
The Indian economy is not creating jobs fast enough, and the ones being created are of the casual type. Are welfare schemes proving counter-productive? #NREGA #Kaushik Basu #To The Contrary #UPA Economics #World Bank Report 2013
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India needs a flexible not free labour market: Kaushik Basu
Making a strong case for relaxation of labour laws, World Bank chief economist Kaushik Basu today said that rigid regulations were hurting India's growth. #World Bank #Kaushik Basu #TheySaidIt #Labour laws
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Global economic concerns to persist: Basu
With sovereign debt spilling over into the financial world, Basu said there is a drying up of credit. #World Bank #NewsTracker #Kaushik Basu
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World Bank appoints Kaushik Basu as its chief economist
The World Bank today appointed Kaushik Basu as its Chief Economist and Senior Vice President. #India #World Bank #NewsTracker #Kaushik Basu #Chief economist
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Raghuram Rajan takes charge as India's Chief Economic Advisor
Rajan, who will be a key member of Finance Minister P Chidambaram's team, was honorary economic adviser to Prime Minister Manmohan Singh. #P. Chidambaram #NewsTracker #Kaushik Basu #Chief Economic Advisor #Raghuram G Rajan
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Rangarajan, Basu back RBI, say key sectors will have more money
Backing RBI's policy review, both Rangarajan and Kaushik Basu have said that a cut in the statutory liquidity rate is a move in the right direction as it will inject more liquidity into the system. #RBI #D. Subbarao #C Rangarajan #Kaushik Basu #TheySaidIt #SLR