Articles by Arun Banerji

Not a Recipe for a Millennium Arun Banerji Inview of the gravity of the debt-servicing problem as it will emerge in no more than three to five years, is not the public entitled to get the facts and informed projections from the country's central bank? Transparency is no less-fundamental for the balance sheet of the nation than in the case of the balance sheets of ordinary financial institutions.

Wanted a Report with a Touch of Class Arun Banerji The Central Board of Directors of the Reserve Bank of India is, in theory, a hand-picked body of persons many of whom are expected to possess insights into some segment or the other of the monetary and financial world of India. Their annual pronouncement on the health of the economy should, therefore, be marked by 'wisdom' and not just technocratic excellence, though even that is sometimes missing.

Real Issues Arun Banerji To go from the treatment of the external sector in the Economic Survey, 1988-89 to the budget speech of S B Chavan is a disappointment. Whereas the Economic Survey makes the categorical statement that the balance of payments "must be a priority area for attention in short-term economic management", the finance minister seems to have felt no such compulsions.