An Indian Monetary Policy-Maker’s Mind

This piece will analyse the various factors the MPC probably kept in mind while taking this decision, in order to demonstrate the kind of decision-making that goes into our monetary policy. … More An Indian Monetary Policy-Maker’s Mind


Bliss 3

The tree bows above me Hugs me warmly in its cool shade. The branches criss-cross— A netted hammock for my worries; The sun shining through it, Painting me gold and dark. The river plays the different cymbals, The wind on the flute The insects buzz the bass guitar The birds reach a chirpy crescendo All … More Bliss 3

Unbundling Demonetisation

More often than not, we judge policy measures through the lens of our political affiliations. This creates a din of confirmation biases and loud proclamations which ignore trade-offs and opportunity costs. Through this article, I wish to objectively break down demonetisation and put it under a simple costs-versus-benefits scanner. For a policy reform to be … More Unbundling Demonetisation