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An Indian central bank official said on Thursday that a focus on spending on infrastructure would help the country contain long-term, supply-side inflation.
Foreign direct investment reveals the tendency to fl ow to the industrial agglomerates. Some scholars express the concern that the skewed distribution of FDI can worsen the regional disparity. This article reveals that FDI has limited and unexpectedly negative effects on the Indian gross domestic product. Hence, the fear that skewed FDI infl ow can worsen regional disparity
Prior to being promoted as ED, Pattanaik was an Adviser in the Department of Economic and Policy Research (DEPR), while Ranjan was serving as Adviser-in-Charge of Monetary Policy Department and Secretary to the MPC, , reserve bank of india
The Reserve Bank of India (RBI) on Friday said it has appointed Rajiv Ranjan and Sitikantha Pattanaik as executive directors with effect from May 1, 2022.