Stories from HUSSAIN H ZAIDI
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Back towards stabilisation of economy
Growth target of 4.8% may not be achieved as govt itself tries to slow down pace
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Dealing with depreciation
To prevent rupee fall, high foreign capital inflows and productive capacity needed
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Export curbs as a tool for price control
Restrictions will break export growth momentum, send negative signal to foreign buyers
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Market economy, govt regulations
Too many regulations will stifle economic activity, will be difficult to enforce
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External sector fares well but challenges remain
In absence of adequate domestic supply, demand can only be satisfied through imports
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Towards V-shaped recovery
Govt would like to have current account surplus to achieve growth with stability
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Investment treaties and FDI
BITs are neither necessary nor sufficient condition for attracting FDI
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Coping with stagflation
Long-run solution to stagflation is increase in productivity of factors of production
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State Bank: checks and balances in place
Proposed amendments will not scrap parliamentary oversight over central bank
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Poverty: learning from China
Foremost condition for poverty alleviation is sustained economic growth