In my column in the Business Standard today, I look back on the milestone of 30 years from the July 1991 budget speech, and ask Did the central planning end in 1991? As a contemporary example of the central planning instinct, I use the paper which Renuka Sane, Bhargavi Zaveri and I had written recently, Should consumers be prohibited from storing card data on the internet?
My column in the Business Standard of 28 June is about the exaggerated hostility to NPAs and credit losses which is gaining ground in India: Let’s step back from the NPA scare.
Josh Felman, Ila Patnaik and I developed methods for translating the idea of `exchange market pressure’ into a sound measurement scheme, in an article in 2017. On 23 June, Madhur Mehta released version 2.1 of the associated dataset. This new release covers 75 countries, from 1/1996 to 12/2019. She has a Release notes article on The Leap blog.