ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

K G K Subba RaoSubscribe to K G K Subba Rao

Saving, Investment and Flow of Funds Accounts

Errors creep into the estimates on both the real and financial sides of the national accounts. The RBI and CSO should attempt to link the two and reduce the discrepancies between them to an acceptable level. The flow of funds accounts in such an integrated framework would be useful in exercises on financial planning, and for maintaining consistency between saving, investment and the matrix of flow of funds.

Cost of Credit of Commercial Banks in a Deregulated Environment

This study analyses the cost of credit of commercial banks in a deregulated environment on the basis of BSR data in respect of large borrowal accounts. As subsidisation of interest rates either with reference to priority sectors or size of loans has virtually vanished, there is imperative need to evolve a suitable information system in respect of small borrowal accounts on a par with that for large accounts, preferably through repetitive sample surveys.

Tale of Two Surveys

Statistics can prove anything, depending on the type of data one chooses to present. By collating different sets of data, widely differing in scope and coverage, the results derived could be confusing, adding one more dimension of controversy to the already existing estimates. The paper by Deepak Lal, Rakesh Mohan and I Natarajan (hereafter called DRN) is an example in this regard ‘Economic Reforms and Poverty Alleviation: A Tale of Two Surveys’, EPW, March 24, 2001).

Cost of Debt of Household Sector-A Note

A Note K G K Subba Rao This note attempts to analyse the cost of borrowed funds of the household sector. The distribution of the cash debt of rural and urban households among interest ranges is reviewed and the interrelationship between the cost of funds and the share of institutional debt in total debt is examined. An attempt is also made to present a comparative picture of the average rates of interest for identified priority sectors.


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