kaushik basu

High food inflation could exacerbate inequality: Kaushik Basu

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High food inflation could exacerbate inequality: Kaushik Basu

New Delhi: Former World Bank chief economist Kaushik Basu on Saturday said India needs to tame inflation that disproportionately affects people who spend a large chunk of their income on food and could exacerbate inequality. “Even if inflation is at 5.1%, food inflation is at 30%. For someone spending 50% of their income on food, … Read more

Inside the Corridors of Power | Book Review — Policymaker’s Journal: From New Delhi to Washington DC by Kaushik Basu

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Inside the Corridors of Power | Book Review — Policymaker’s Journal: From New Delhi to Washington DC by Kaushik Basu

A file photo of Kaushik Basu (Express photo) By Amitabha Bhattacharya Kaushik Basu, a professor of economics at Cornell University, is an academic whose foray into the world of decision-making, first with the Government of India as its chief economic adviser (2009-12) and then as World Bank’s chief economist (2012-16), enriches him with a unique … Read more