Sony Kumar's BLOG

Current account deficit

September 9, 2013

The Need For India and other Emerging Market Economies to Stay Ahead of the Game

During the recent G20 meeting, the Indian and the Japanese government announced to boost their bilateral currency SWAP agreement from US 15 billion to US 50 billion. This measure is most certainly a step in the right direction and not just because I have been talking about it for months but the arrangement sends all
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March 5, 2013

Financing India’s Twin Deficit

Faced with a slowing growth, stubborn inflation, deteriorating public finances and the risk of losing investor confidence the immediate priority of the ministry of finance is to get the economy on the back on the ascending growth trajectory and at the same time take measures to reduce the overall Government budget deficit from US$ 67.5
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