Shambhu Ghatak Profile picture
May 10 13 tweets 5 min read

Limits of a high interest rate policy as initiated in India
-Sunanda Sen…
RBI has followed the now globally discredited economic dogma that the only way to tackle high inflation is to hike interest rates and reduce money-supply ,
Corporate profits have contributed disproportionately to inflation. How should policymakers respond?…
Inflation control needs another model -Pulapre Balakrishnan and M. Parameswaran, Read the rest of the article at…
Is food inflation affected by interest rate? Listen to Amit Mitra's argument,…
Hottest March in 122 years may singe wheat -Harish Damodaran,…
Yaswant Sinha agrees that food inflation cannot be tackled by raising interest rate.…
Limits of a high interest rate policy as initiated in India -Sunanda Sen,…
Limits of a high interest rate policy as initiated in India -Sunanda Sen…
#CommoditiesExchange #Speculation #FuturesMarket #Wheat

'Betting on Hunger': Market Speculation Is Contributing to Global Food Insecurity -Kabir Agarwal, Thin Lei Win & Margot Gibbs,…

Listen to the economist (although Vijay Sardana took a dangerous stance during the anti-Farm Laws agitation) who says that raising the interest rate won't control inflation -- start watching from 15.00 minutes (of 33.17 minutes) onwards

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Dec 10, 2019
[1/n]. Wrong/ misleading headlines of various newspapers about improvement in India's #HumanDevelopmentIndex rank between 2017 & 2018 @EconomicTimes @thetribunechd @businessline @bsindia @IM4ChangeIndia @UNDP @UNDP_India
@EconomicTimes @thetribunechd @businessline @bsindia @IM4ChangeIndia @UNDP @UNDP_India [2/n]. Fact check: India's #HDI rank for 2017 was 129 out of 189 countries & UN recognized territories, that remained the same for 2018 HDI. See page # 302, HDReport 2019, URL is @EconomicTimes @businessline @thetribunechd @bsindia @IM4ChangeIndia @UNDP
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