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Ajay Chhibber

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The author is Chief Economic Advisor, FICCI. He is also the Visiting Scholar at the Institute of International Economic Policy, George Washington University

Latest Articles By Ajay Chhibber

Needed: Bold Economic Life Support to Ride out The Pandemic

Bold and decisive actions are now needed not only to reduce the spread of the disease, but also to stem the free-falling economy and provide a safety net to people and business and commerce.

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Seven Things To Fix The Economy

The target of $1 trillion exports for a $5 trillion economy that has been recently adopted is excellent – but must now be matched by an ambitious industrial policy and a reform agenda.

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The Return Of Stagflation? Seven Things To Fix The Economy

Many are predicting that the downturn is cyclical - they may be right. In any case the base effect, and the lower interest rates (despite the poor transmission) may help stem the decline to some extent.

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Secular Stagnation or Super Commodity Cycle – Will India Step Up To Help Save the World?

Whether India grows rapidly to $5 trillion by 2025 or thereabouts and possibly $10 trillion by 2035 will not only have a huge impact on the lives of 1.5 billion Indians - it will also have a huge impact on the roughly 9 billion citizens of the world.

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Employment, Competitiveness And Shared Prosperity: The Indian Conundrum

"I don’t want India to be an economic superpower, I want it to be a happy country” – J.R.D Tata

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Employment, Competitiveness and Shared Prosperity: The Indian Conundrum

It will become the third largest economy by 2030 – an economic superpower but also a happier country if its growth is inclusive and creates decent livelihood for 1.5 billion plus citizens

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State Activism Is Needed To Unite, Not Divide

With growing concerns over the use of data and privacy issues, there is a growing clamour for greater cyber regulation. The GDPR is one such

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Demonetisation: Revolutionary Step Or Historic Blunder?

The Modi government should focus on getting a genuine economic recovery and job creation. More such ill thought through, badly implemented and moralistic policy prescriptions will get us back to the Hindu growth rate of 3-4 per cent of the 1970's and 1980's. Now that would be ironic for a BJP government

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SDG's: A Sumptuous Banquet On Development

The developed world had earlier committed to provide climate finance - over and above the traditional ODA under the Copenhagen Consensus. But such a commitment appears also to be still unclear

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Is India Sliding Into A Banking Crisis?

India must remember that the 1997 Asian financial crisis was exacerbated by tight monetary policy, forced on by IMF conditionality

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