The majority of workers in India are self-employed or run what economic census terms as “own account establishments”. According to sixth economic census, 131.3 million workers in non-farm sectors were working in whooping 58 million...
After growing at a rate of 7% plus continuously for six quarters, India’s GDP growth is set to decelerate in Q3FY17 on account of the NDA government’s demonetization move started on 8th November. While rendering...
When RBI declared the fifth bi-monthly monetary policy statement on December 2nd, Rajan chose not to change the key policy rates. The markets anticipating a rate cut were disappointed. However, the statement that “rates can...
