Attention Economy


Thursday, June 22, 2017

India’s Economic Challenges

The Economist on the Indian Economy

India’s population to surpass China’s around 2024
http://www.livemint.com/Politics/xg5PjRFTNHYKg1AUhBVa6M/Indias-population-to-surpass-Chinas-around-2024-United-Na.html

Profile of Viral Acharya - deputy governor at the Reserve Bank of India (RBI)
“Acharya has a theory about the mess we are in. According to him, public-sector banks mobilized more deposits than the private banks after the 2008 credit crisis, but capital allocation was poor. Besides, the government came out with a stimulus package. “We talk about boom and bust. But this was somewhat different. The boom did not last long and the bust hasn’t yet ended,” he says.”

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