Prime Minister Narendra Modi has appointed renowned pro-growth economist Arvind Panagariya as the first vice-chairman of the newly announced NITI Aayog. In an earlier interview Panagariya said that the rupee is doing a much-needed clean-up job, raising exports and cutting imports. And it must be allowed to do so. Professor Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy, Columbia University, does not buy the argument that the rupee is sliding because the US economy is ... Rediff.com, 2 months ago
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