Was Raghuram Rajan unable to push his ideas to reality? Here is our thought!

Just been going thru a lot of discussion happening on Raghuram Rajan’s (RR) decision to exit from the RBI. If I look back in perspective, I expected this was supposed to happen much earlier. Not because he was unqualified (he was over qualified for that matter), not because he was one such force who was working against many of the govt policies (or presumed to be by many,which RR himself has rejected). What I think a greatest failure of RR has been his inability to sell his ideas to theRead More

First Time India Jumps up 29 Ranks in World Bank Ranking on “Electricity” parameter

First Time India Jumps up 29 Ranks in World Bank Ranking on the ‘Getting Electricity” Parameter. These rankings are provided by the World Bank on the study conducted on procedures on getting electricity for the business, Time taken for the allotment, Cost and Reliability and transparency of tariff index (0-9). Doing Business 2016 data for India. The first section presents the Ease of Doing Business rank and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic bench-marked against regionalRead More