Latest news posts

VIDEO: Panagariya Discusses the Indian Economy under Modi
Thursday, February 16, 2017

Arvind Panagariya, who spoke at a February 6 event sponsored by Columbia’s Deepak and Neera Raj Center on Indian Economic Policies. Panagariya—a SIPA faculty member who is on leave while serving as a cabinet minister in the Modi government—was joined by University Professor Jagdish Bhagwati, who presided over the event as director of the Raj Center. Click here to read a summary of his comments at sipa.columbia.edu Full Video of the Event:  

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Raj Center In the News: Indian Budget 2017
Tuesday, February 14, 2017

On February 1, 2017, the Finance  Minister of India, Arun Jaitley, presented the  government’s budget for 2017.  In a column in the Economic Times (link here) Deputy Director of the Raj Center, Professor Pravin Krishna discussed pre-budget expectations.   In a second Column in Quartz India, he discussed the budget, describing it as a fiscally conservative and mostly incrementalist Budget lacking fireworks but also refreshingly free of overt populism (link here).

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Raj Center In the News: The Demonetization Debate
Tuesday, January 24, 2017

In two columns, one in the Times of India, and the other in MINT, Raj Center Director Professor Bhagwati and Deputy Director, Professor Pravin Krishna, along with their co-authors, Professors Suresh Sundaresan and Vivek Dehejia, discuss the costs and benefits of the recent “demonetization” reform undertaken by the Indian Government. In their Times of India article (link here), co-authored with Professor Suresh Sundaresan, they argue that the reform was a “bold and courageous move” with significant potential for long term benefit. In their...

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Economic Policy and Performance in India
Tuesday, January 24, 2017

The Deepak and Neera Raj Center on Indian Economic Policies hosts a distinguished lecture on Economic Policy and Performance in India Under Prime Minister Modi by Arvind Panagariya, Cabinet Minister and Vice Chairman, NITI Aayog, Government of India. Jagdish Bhagwati, University Professor and Director of the Raj Center, will preside over the event.The lecture will be preceded by a reception starting at 5.30 p.m.WHEN: Monday, February 6, 2017. Reception from 5:30 to 6:20 p.m., Lecture from 6:30 to 8:00 p.m. Invitation-Only Dinner at 8:00 p.m....

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Op-Ed: War on black money: Demonetisation is a courageous reform that will bring substantive benefits
Thursday, December 15, 2016

A new Op-Ed by Raj Center Director Jagdish Bhagwati, Raj Center Deputy DIrectory Pravin Krishna, and Columbia University's Suresh Sundaresan note that the government's declaration that the high-denomination 500 and 1000 rupee notes would be invalid as legal tender is a courageous and substantive economic reform that, despite the significant transition costs, has the potential to generate large future benefits.Click here to read the full Op-Ed.

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