EP149: On India's Misread Deficit & The RBI's $100 Billion Risk That's Building

Professor Prasanna Tantri, Associate Professor of Finance at ISB speaks with Swarajya on the following:—Why the $330 billion goods deficit misleads everyone—How services and remittances flip India into surplus—Gold & fuel prices are not the problem, the money leaving India is—The Rs 7 lakh crore question: RBI's bond-buying to offset state-government freebies—How the RBI rents rupee stability from NRIs—Why this is 2013's medicine without 2013's disease—Prof Tantri's fixes and wishlist