Partha Ray – Macroscan

Should MFs call for Direct RBI Support?

May 21, 2020
Partha Ray
Finance
0 Comments

Franklin Templeton (FT) has shut down six of its debt funds with an aggregate AUM (assets under management) of Rs. 25,856 crore (as on April 2020). Faced with such a situation, there are clamours for support from Reserve Bank of…

It Takes Two to Tango: Can monetary stimulus compensate for an inadequate fiscal stimulus in India?

May 4, 2020
Partha Ray
Finance, Macroeconomics
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Monetary policy can only make credit cheaper, it cannot bring money into the hands of workers. It cannot compensate for a fiscal stimuli, especially when India is in a liquidity trap. For such an unprecedented crisis, fiscal spending has been…

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