Profile

Faculty

Charan Singh

Charan Singh  Print Bio

Economics & Social Sciences

Professor,
Reserve Bank of India Chair Professor

E-mail: charansingh@iimb.ernet.in

Professor Singh’s research areas include Monetary, Fiscal, Debt Management, International Reserves, Financial Markets, Banking, and Infrastructure. His research is published in journals like the Economic and Political Weekly, Prajnan, RBI Occasional papers, Indian Journal of Economics and Business, Yojana, etc.

Significant Publications:

Articles

- Pragmatic approach to fiscal consolidation, Yojana, August 2014

- Debt Management in India, Economic and Political Weekly, No.26-27, June 28, 2014

- Domestic Debt and Economic Growth, Economic and Political Weekly, No.23, June 5, 1999

- Ricardian Equivalence and Consumption in India, Reserve Bank of India Occasional Papers,  Volume 19, No.1. 1999

- Monetised Debt, Monetary Aggregates and Price Level in India, Prajnan, Vol.XXVII, No.4, 1998-99

- Financial Sector Reforms and State of Indian Economy - Part I, Indian Journal of Economics and Business, December 2004, Vol.3, No.2

- Financial Sector Reforms and State of Indian Economy - Part II, Indian Journal of Economics and Business, June 2005, Vol.4, No.1

- Should India use Foreign Exchange Reserves to finance Infrastructure? Policy Brief, Stanford Institute for Economic Policy Research, Stanford University, September 2005

- India Needs to separate Debt from Monetary Management, Policy Brief, Stanford Institute for Economic Policy Research, Stanford University, June 2005

- Need to Separate Debt from Monetary Management In India, Indian Journal of Economics, July 2006, No.344, Volume LXXXVII.

- Should India use Foreign Exchange Reserves to finance Infrastructure? EPW,  February 11, 2006, pp.517-525          

- Comments on Global Demography: Facts, Force and Future by David E Bloom and David Canning, published in Demography and Financial Markets, C.Kent, A.Park and D. Rees (eds), G-20, 2006

- Financial Sector Reforms and State of Indian Economy In Economic Reforms in India: An Assessment, ICFAI Press, Chennai , 2007.

Chapters in Books

- Public Debt Management In India  (co-authored ) in Guidelines in Public Debt Management - Accompanying Document, IMF, Washington, June 2002.

- Financial Sector Reforms in India -In Oxford Companion to Economics in India, Oxford University Press, Editor: Kaushik Basu , 2006.

- Comment on Global Demography: Fact, Force and Future by Bloom, David and D. Canning

Working Papers

- Corporate Bond Markets in India: A Study and Policy Recommendations Working Paper No. 450, IIMB (Feb, 2014)

- Impact of Foreign Banks on the Indian Economy Working Paper No. 251, IIMB (Feb, 2014)

- Inflation Targeting in India Working Paper No. 449, IIMB (Feb, 2014)

- Ageing Population in India: Select Economic Issues  working Paper No. 442, IIM B (Dec, 2013).

- Ethics and Business: Evidence from Sikh Religion Working Paper. 439, IIMB (Dec, 2013).

- Ageing in India: Need for a Comprehensive Policy Working Paper No.442, IIMB (Dec, 2013).

- Housing Market in India: A Comparison with the US and Spain, working paper No.430, IIMB (Nov, 2013).

- Independent Debt Management Office: Rationale, Scope and Structure, Working Paper. 431, IIMB (Nov, 2013).

- A Separate Debt Management Office, Working Paper No.425, IIMB (Sep, 2013).

- Universal Pension Scheme in India Working Paper No.420, IIMB (Aug, 2013).

- Housing market in India: A Comparison with the US and Spain, Working Paper No. 406, IIMB, May 2013

- Public Debt in India: The Need to Separate Debt from Monetary Management, SCID Working Paper No. 240, Stanford University, February 2005

- Financial Sector Reforms in India, SCID Working Paper 241, Stanford University, February 2005 

- Should India use Foreign Exchange Reserves to finance Infrastructure? SCID Working Paper No. 256, Stanford University, September  2005

Popular Writings

- Getting the right PSB heads, The Financial Express, November 21, 2014

- The electricity factor in Make in India, Business Line, November 17, 2014

- Quest for superpower, Deccan Herald, November 17, 2014

- Modernising the monetary policy, The Hindu, October 31, 2014

- Food Inflation: Know your onions, Business Line, October 29, 2014

- Made in India, by small enterprises, The Hindu, September 26, 2014

- Change monetary policy for better growth, The Financial Express,

- Small units' big problems, The Tribune, October 20, 2014

- Handle age with care, The Indian Express

- End-to-end solutions for food supply, Business Line, October 8, 2014

- Monitor financial inclusion, The New Indian Express

- Tech key to financial inclusion, The New Indian Express, Aug 27, 2014

- A different perspective on malnutrition, The Tribune, Aug 18, 2014

- Young and jobless in India, The Hindu, Aug 15, 2014

- Ideas for a financially inclusive India, Deccan Herald, Aug 11, 2014

- Black box monetary policy of August '14, The Financial Express, Aug 11, 2014

- Swachh Bharat: Why India needs a sanitation and water policy, The Economic Times, Aug 4, 2014

- Putting the poor on the list, Business Line, August 3, 2014

- A growth-oriented budget, The Tribune

- Accounting for the future, The Indian Express, July 10, 2014

- A case to forge new economic bonds, Deccan Herald, July 7, 2014

- Economic challenges for the new govt, The Tribune, June 11, 2014

- Economic Progress and need for innovation, Deccan Chronicle, June 10, 2014

- India Post as a banking platform, Hindu Business Line, June 5, 2014

- Revisit the food policy for healthy India, NuFFoods Spectrum, June 2014 

- The power of small, The Indian Express, May 27, 2014

- Time to fix ailing economy, The New Indian Express, May 23, 2014

- Why are NPAs higher in pubic sector banks, Business Standard, May 19, 2014

- A rush of reforms needed, The Financial Express

- Strengthening MSMEs must to create new jobs, The Financial Express, May 5, 2014

- Deteriorating growth in Punjab. The Tribune, May 3, 2014

- Expert discuss Indian economy at seminar, The Tribune, April 15, 2014

- Policy: Lack of tools and drought of data, Deccan Herald, April 14, 2014

- Inflation targeting- What's the hurry?, Business Standard, March 30, 2014

- Economics of ageing, Business Line, March 28, 2014

- Inflation-targeting in India is premature, The Financial Express, March 18, 2014

- The lows of high finance, Business Standard, March 11, 2014

- Pricing natural resources, The Tribune, March 5, 2014

- A case of universal pension, Hindu Business Line, February 19, 2014

- The wrong target, The Financial Express, February 4, 2014

- RBI alone should not set interest rates, Business Line, Jan 28, 2014

- How monetary policy can help India retain its youth, Business Standard, Jan 8, 2013

- Malnutrition among children, The Tribune, Jan 4, 2014

- The cost of crime against women, The Tribune, Dec 16, 2013

- Fixing monetary policy, The Financial Express, Dec 10, 2013

- Why we should rethink our monetory policy, Business Today, Nov 21, 2013

- State of Indian Economy, AIEFS Newsletter, Nov 15, 2013

- Bring the Fund down to earth, The Indian Express, Nov 5, 2013 

- The global economic situation and India, The Financial Express, Oct 31, 2013

- Why India should steer clear of soveregn wealth funds, Business Standard, Oct 29, 2013

- Analysis: RBI's overdrove to tame inflation may backfire, MoneyControl.com, Oct 29, 2013

- RBI and transparency in policies, Deccan Herald, Oct 28, 2013

- Should the Economics Nobel be done away with?: No, Oct 18, 2013

- Progress and inequality, Business Standard, October 18, 2013

- Where are our economists? Business Line, October 15, 2013 

- Multi-organ failure, The Tribune, October 12, 2013

- Tackling the eventual taper, The Financial Express, September 24, 2013

- RBI hunts many bears, Deccan Herald, September 23, 2013

- Malnutrition, not hunger, ails India, Live Mint, September 22, 2013

- Need for universal pension, The Tribune, September 2, 2013

- Plotting the recovery, The Indian Express, August 27, 2013

- Focus on the fundamentals, Deccan Herald, August 19, 2013

- Infrastructure- a grassroots approach, Business Line, August 15, 2013 

- Depressed Indian economy, The Tribune

- Economics of Food Security, Business Line, August 31, 2013

- Tackling under-nutrition challenges, The Financial Express, August 14, 2013

- Food security and empty coffers, Business Line, August 6, 2013

- A misnomer called food security, The Indian Express, August 1, 2013

- Inflation-indexed bonds issued through post offices can dim the shimmer of gold, The Economic Times, July 19, 2013 

- Need to focus on employment generation, The Financial Express, July 19, 2013

- Grim news on all fronts for Indian economy, Deccan Herald, July 15, 2013

- Food Bill- not what the stomach ordered, Business Line, July 10, 2013

- RBI Guv's Last Hurrah: Listen to FM, slash rates , The Times of India

- The ship is not sinking, The Financial Express, July 4, 2013

- Building it brick by brick, Hindustan Times, July 1, 2013

- Uncertainity in unwinding of unconventional monetary policy, The Financial Express, June 25, 2013

- Home, but not yet dry, The Indian Express, June 17, 2013

- Some lessons from the US and Spain, The Financial Express, June 13, 2013

- For better results, evaluate performance, Hindustan Times, June 4, 2013

- Uneasy exit from easy money policy, The Financial Express, May 29, 2013

- Girls interrupted, Business Line, May 17, 2013

- Getting RBI Communication right, The Financial Express, May 17, 2013

- China's assertion of power, The Tribune, May 14, 2013

- Disguising NPAs, The Financial Express, May 8, 2013

- Implications of skewed sex ratio in India, Business Line, May 7, 2013

- Why Indian should reward honest, rich taxpayers, The Economic Times, May 1, 2013

- IMF's new prescriptions, The Indian Express, May 1, 2013

- Financial inclusion: an institutional perspective, The Financial Express, April 30, 2013

- Economy & crime against women, The Tribune

- No Springtime for the World, The Economic Times, April 18, 2013

- Global fiscal situation is not very grim, The Financial Express, April 18, 2013

- We need the will and the skill, Hindustan Times, April 8, 2013

- Tackling Power Shortage, The Tribune- Chandigarh

- Fixing India's current account, The Financial Express, March 29, 2013 

- Bescom must use the coming summer crisis to switch on change, Deccan Chronicle, March 3, 2013

- How to manage debt, The Indian Express, February 28, 2013

- Boston & Bengaluru: Education is a tale of two cities, Deccan Chronicle, February 24, 2013

- Get innovative on housing sector, The Economic Times, February 26, 2013

- RBI shifts gears, finally, Business Line, February 2, 2013

- Booster doses for economic growth, Business Standard, January 30, 2013

- A unique opportunity to kick-start growth, The Finacial Express, February 22, 2013

- How to grow out of deficits and debt, Business Line, February 22, 2013

He specializes in Monetary, Fiscal, Debt Management, International Reserves, Financial Markets, Banking, Infrastructure. He was a visiting fellow at Stanford University and Harvard University.

He is a consultant for the International Monetary Fund where current projects are: Fiscal Policy, Debt Management, International Reserves and Sovereign Wealth Funds.

Recent Consulting:

International Monetary Fund, Washington DC

Professional Appointments:

  • Senior Economist, IMF, 2009-2012
  • Director (Departments: Research; Debt Management), RBI, 1997-2009
  • Assistant Adviser (Departments: Research; Debt Management), RBI, 1990-1997
  • Research Officer (Research Department), RBI, 1984-1990

Academic Positions:

  • IIM Bangalore: 2012-Present
  • Visiting Fellow, Stanford University (August 2004-December 2005)
  • Visiting Fellow, Harvard University (August 2003-August 2004)
  • PhD, University of New South Wales, Sydney, Australia
  • MPhil, Jawaharlal Nehru University, New Delhi