Contributor : Profile
Dr. Rajeswari Sengupta is an Associate Professor of Economics at the Indira Gandhi Institute of Development Research (IGIDR) in Mumbai, India. In the past she has held research positions at the Institute for Financial Management and Research (IFMR) in Chennai, the Reserve Bank of India, and the International Monetary Fund (IMF) and the World Bank in Washington D.C. She was a member of the research secretariat for the Bankruptcy Law Reforms Committee (BLRC) that recommended the Insolvency and Bankruptcy Code for India. Her research focuses on policy-relevant, macro-financial issues of emerging market economies in general and India in particular in the fields of international finance, open economy macroeconomics, monetary policy and financial markets and regulations. She is currently working on several issues pertaining to the Indian economy such as inflation targeting, monetary policy transmission, capital controls and capital flows, GDP measurement issues, financial stress in the corporate and banking sectors, and firm financing. She has published in reputed international journals such as Economic Policy, The Journal of International Money and Finance, The World Economy, Emerging Markets Review, International Review of Economics and Finance, Pacific Economic Review, Open Economies Review as well as the Economic and Political Weekly in India.
Dr. Sengupta completed her M.A. and Ph.D. in Economics from the University of California, Santa Cruz (UCSC). She holds two previous degrees in Economics from India, a Bachelors degree from Presidency College, Calcutta and a Masters from Delhi School of Economics. Details of her work can be found here.
Posts by Rajeswari Sengupta
How open is India's capital account?
Although India began opening up its capital account in the mid-1990s, the approach towards financial liberalisation has been cautious. Tracing changes in the de-facto openness of the country’s capi...
- Nidhi Aggarwal Sanchit Arora Rajeswari Sengupta
- 16 July, 2021
- Perspectives
Of twists and turns: Monetary policy and ‘term premium’
As India’s economic growth slowed down in recent years, the reliance on monetary policy to stimulate growth increased significantly – especially during the pandemic. Analysing data from 2018-2020,...
- Rajeswari Sengupta Harsh Vardhan
- 03 March, 2021
- Perspectives
Covid-19 crisis: Response should not undermine institutions
The unprecedented economic crisis triggered by the Covid-19 pandemic has resulted in calls for drastic actions on part of the government and RBI. In this post, Sengupta and Vardhan content that these ...
- Rajeswari Sengupta Harsh Vardhan
- 15 December, 2020
- Perspectives
Productivity growth in Indian banking: Who gained?
Since the deregulation and privatisation reforms of the early 1990s, Indian banking has witnessed many significant changes. This article finds that the sector experienced steady productivity growth un...
- Rajeswari Sengupta Harsh Vardhan
- 07 July, 2020
- Articles
The pandemic and the package
The government has announced a package of fiscal and monetary policy actions, and broader economic reforms to set the economy back on track after the Covid-19 lockdown. In this post, Sengupta and Vard...
- Rajeswari Sengupta Harsh Vardhan
- 04 June, 2020
- Articles
Policymaking at a time of high risk-aversion
The key issues in the Indian financial sector in general, and banking in particular, are bearing risk and allocating capital. These are especially important now as India enters into a prolonged phase ...
- Rajeswari Sengupta Harsh Vardhan
- 06 April, 2020
- Perspectives
Covid-19: Macroeconomic implications for India
Due to the measures adopted to prevent the spread of the Coronavirus Disease 2019 (Covid-19), especially social distancing and lockdown, non-essential expenditures are being postponed. This is causing...
- Rajeswari Sengupta
- 24 March, 2020
- Perspectives
बैंकिंग संकट का भारत की अर्थव्यवस्था पर असर
पिछले पांच वर्षों में, भारतीयों बैंकों के नॉन पर्फॉर्मिंग एसेट (एनपीए) अर्थात डूबे हुए कर्ज की रकम में काफी वृद्धि हुई है। इन नॉन पर्फॉर्मिंग एसेट के साथ निवेश वृद्धि दर में भी तेज गिरावट दर्ज की गयी ...
- Rajeswari Sengupta Harsh Vardhan
- 11 नवंबर, 2019
- दृष्टिकोण
How banking crisis is impeding India’s economy
The amount of non-performing assets (NPAs) in India’s banking sector has skyrocketed in the last five years. It has been accompanied by a sharp decline in investment growth, and a significant econom...
- Rajeswari Sengupta Harsh Vardhan
- 11 October, 2019
- Perspectives
Firm survival in India: Status of firms formed over the last 30 years
The dynamic process of new firm formation and exit of weaker firms contributes to the evolution of industries and expansion of the economy. This article analyses the status of all new firms formed in ...
- Rajeswari Sengupta Manish Singh
- 12 June, 2019
- Articles
Firm formation in India: The last 40 years
Research shows that entrepreneurship or new firm formation can be an important driver of economic development. This article studies the extent of new firm formation in India over the last 40 years and...
- Rajeswari Sengupta Manish Singh
- 01 April, 2019
- Articles
अंतरिम बजट 2019: तेजी से बढ़ती अर्थव्यवस्था में बढ़ता राजकोषीय घाटा?
इस लेख में राजेस्वरी सेनगुप्ता ने हाल ही में घोषित केंद्रीय अंतरिम बजट की विभिन्न बारीकियों का विश्लेषण किया है जिनमें राजकोषीय सुदृढ़ीकरण के लक्षित मार्ग से भटकाव शामिल है। आधार से जुड़े बैंक खातों क...
- Rajeswari Sengupta
- 13 फ़रवरी, 2019
- दृष्टिकोण