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Duvvuri Subbarao
Articles by Duvvuri Subbarao

Redeeming the federal pledge in Constitution

India’s aspiration to become a developed country by 2047 will depend on improved Centre-state cooperation in implementing second-generation reforms 

An Indian consumer goods trader shows letters GST representing
Published on Jan 27, 2025 08:20 PM IST

Making policy for the last man in the queue

Duvvuri Subbarao recalls his time as RBI governor, emphasizing Dr. Singh's advice to focus on real people's needs amid economic challenges.

**EDS: FILE PHOTO** New Delhi: In this Jan. 17, 2014 file photo, then Prime Minister Manmohan Singh, in New Delhi. Singh passed away on Thursday, Dec. 26, 2024, at the age of 92. (PTI Photo/Manvender Vashist Lav) (PTI)
Published on Dec 27, 2024 09:05 PM IST

Opportunity costs of election-time freebies

The Centre must lead on the freebie issue, and start a conversation on its fiscal implications

Voters queue up to cast their ballots at a polling station during the third phase voting in India's general election, in Guwahati on May 7, 2024. (Photo by Biju BORO / AFP)(AFP)
Published on May 09, 2024 01:41 AM IST

US bank runs hold key lessons for India

Indian regulators should not be blind to risks in the underbelly of the system. And bank boards must challenge bank managements on their business models

A bank will survive only as long as it can carry the bluff that it can redeem all deposits even if it were to do so all at once. To SVB’s misfortune, its bluff got called. Avoiding that fate is a perennial challenge for a bank (AFP)
Updated on Apr 05, 2023 08:05 PM IST
ByDuvvuri Subbarao
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