Express Adda With Chief Economic Advisor V Anantha Nageswaran

We bring you a very special guest for this episode of Express Adda: Chief Economic Advisor V Anantha Nageswaran. One of the best placed to reflect on the immediate and medium-term challenges facing the economy, Nageswaran will take us through the trade-offs in exercising various options.

An author, a professor and a consultant, Nageswaran has taught at several business schools and institutes of management in India and in Singapore. He was Dean of the IFMR Graduate School of Business, Visiting Professor of Economics at Krea University and a part-time member of the Economic Advisory Council to the Prime Minister from 2019 to 2021.

The Indian economy has shown two bright spots: higher consumer spending and better private investment in the first quarter of this financial year. But not much comfort can be drawn from this with the US and key western countries staring at a recession.

With several agencies cutting India’s GDP growth forecast to 7 per cent and lower, the Union finance ministry is in a dilemma whether an aggressive tightening of the monetary policy is the appropriate strategy.

An Adda with Nageswaran couldn’t have been more timely as the government makes efforts to push growth, create jobs and strive for reducing inequality that has been exacerbated by the Covid-19 pandemic.
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