At ThePrint ‘Off The Cuff’, IMF Executive Director KV Subramanian tells Editor-in-Chief Shekhar Gupta & Deputy Editor TCA Sharad Raghavan the missing link between credit control & policy rates.
India in its economic thinking has stood out from the rest of the world, not only in terms of reforms but by converting the Covid crisis into an opportunity, he said.
The CEA’s assessment is contingent on the assumption that cases peaked on 8 May. However, he says it’s difficult to provide estimates of economic impact at this time.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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