Monetary Policy.
The most complex of all macroeconomic processes becomes even more complicated when you apply it to a developing country like India. Supply constraints, underdeveloped financial markets and resource gaps are just some of the challenges involved.
To deliberate on this, the Dept. of Economics held a one-day lecture series, Recent Developments in India’s Monetary Policy on 27 July 2019. The four lectures included:
Dr. G Raghavender Raju, Head, Dept. of Economics, SSSIHL, spoke about the objectives of monetary policy and gave an overview of the evolution of India’s monetary policy.
Mr. Jinu Jose, Senior Vice President and National Account Manager, UTI Mutual Fund, Bangalore, gave a lecture on Understanding Liquidity, Inflation and the Interest rates. He spoke on the theoretical relationships between them and correlated this relationship with current data of the Indian Economy.
Prof. V L Rao, Former Professor in Gitam University, Visakhapatnam, talked about the Emerging Trends in India’s Monetary Policy. He expanded on the monetary policy of India during and after the global financial crisis of 2008.
Ms. Vibhuti Koul, Senior Vice President and National Account Manager, UTI Mutual Fund, Mumbai, spoke on the Non Banking Financial Companies (NBFC) crisis and discussed the causes, implications and lessons to be learnt from it.