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Parikshit Ghosh
Delhi School of Economics
pghosh@econdse.org
Parikshit Ghosh is Associate Professor at the Delhi School of Economics. He received his Ph.D. in economics from Boston University, and has taught at Texas A&M University, University of British Columbia and the Indian Statistical Institute. Ghosh’s research focuses on game theory and information economics. He has written about contemporary policy issues in various Indian newspapers, including Hindustan Times, Economic Times and Anandabazar Patrika.
Articles By Parikshit Ghosh
On demonetisation
Posted On: 23 Dec 2016


On the evening of 8 November, the Prime Minister announced on national television that Rs. 1,000 and 500 notes are no longer legal tender, and must be exchanged at the banks for newly issued currency. This major policy intervention has sparked a country-wide debate. Will it curb black money? Is it going to nudge us towards a cashless society? How much will be the collateral damage from the liquidity shock and is it a price worth paying?

Ideas for India is following the issue closely. A lot of commentary has already appeared on our pages and more will be forthcoming. This page collects together all the articles we have posted on demonetisation, in reverse chronological order.

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Introduction to e-Symposium: The GDP conundrum
Posted On: 16 Nov 2016

Topics:   Economic Growth
Tags:   GDP , data

Ever since India’s Central Statistical Organisation came out with the new GDP series with 2011-12 as the base year, controversy has surrounded it. The CSO claims that the new series is calculated based on a number of methodological changes that bring India closer to international practice. However, the resulting high growth figures do not seem to quite agree with several other indices that usually reflect the strength of the economy.

To examine the issue, I4I Editor Parikshit Ghosh is hosting an e-Symposium over the next few days. A panel of experts will explain, in detail, the exact changes in estimation methods and identify potential problem areas that could be a source of overestimation.

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Currency shock: Does the gain justify the strain?
Posted On: 11 Nov 2016


On the evening of 8 November, PM Modi announced that 1,000 and 500 rupee notes will cease to be legal tender post-midnight. In this article, Parikshit Ghosh, Associate Professor of Economics at the Delhi School of Economics, contends that there are bigger, juicier and relatively low-hanging fruit the government is not reaching for, in the fight against black money.
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Introduction to e-Symposium: The idea of a universal basic income in the Indian context
Posted On: 26 Sep 2016

Topics:   Education

The idea of an unconditional basic income given to all citizens by the State, has caught on in the developed world. Does it make sense for India? To examine the issue, I4I Editor Parikshit Ghosh is hosting an e-Symposium on the idea of a universal basic income in the Indian context. Over the next week, economists Pranab Bardhan (University of California, Berkeley), Abhijit Banerjee (Massachusetts Institute of Technology), Maitreesh Ghatak (London School of Economics), Debraj Ray (New York University), Kalle Moene (University of Oslo), T.N. Srinivasan (Yale University) and Vijay Joshi (University of Oxford) will contribute to the e-Symposium.

Tweet using #basicincome

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Panel Discussion: Two years of Modi government
Posted On: 29 Aug 2016

Topics:   Political Economy

In  a panel discussion organised to mark the 4th anniversary of Ideas for India, I4I Editor Parikshit Ghosh (Delhi School of Economics) moderates a discussion on ‘Two years of Modi government’ among Pranab Bardhan (University of California, Berkeley), Mihir Sharma (Bloomberg View) and Pratap Bhanu Mehta (Centre for Policy Research), encompassing issues related to policy and governance; corruption; manufacturing; social sector; and social and cultural issues.
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W(h)ither the State? 25 years of economic liberalisation
Posted On: 26 Jul 2016

Topics:   Political Economy

24 July 2016 marked 25 years of liberalisation of the Indian economy. In this article, Parikshit Ghosh, Associate Professor of Economics at Delhi School of Economics, contends that liberalisation did not mean the State should wither away and let markets rule the roost; it redefined complementary roles for the State and markets, making each more important than before.
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Missing the target: NDA’s not-so-rosy report card on social policy
Posted On: 22 Jun 2016

Topics:   Political Economy
Tags:  

In this article, Parikshit Ghosh, Associate Professor of Economics, Delhi School of Economics, assesses the performance of the social sector under the NDA government at the end of two years in office.
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Debate: The Aadhaar Bill
Posted On: 02 May 2016

Tags:   Aadhaar , IT

In a debate on the Aadhaar Bill, commentators from academia and civil society will weigh in on issues around potential benefits and privacy concerns.

Tweet using: #AadhaarBill

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A conversation on development – II
Posted On: 03 Feb 2016


Parikshit Ghosh (Associate Professor of Economics, Delhi School of Economics) speaks with Kaushik Basu (Chief Economist and Senior Vice President, World Bank and former Chief Economic Adviser, Government of India) on issues ranging from the use of economic knowledge in policy decisions, role of values in public service delivery, to the need for pluralism and tolerance for economic growth, and the importance of communicating good ideas effectively to policymakers and the general public.

This part of the interview focuses on India-specific issues. This is the fourth in the series of I4I Conversations.

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A conversation on development - I
Posted On: 03 Feb 2016


Parikshit Ghosh (Associate Professor of Economics, Delhi School of Economics) speaks with Kaushik Basu (Chief Economist and Senior Vice President, World Bank and former Chief Economic Adviser, Government of India) on issues ranging from the change in World Bank’s mission and its engagement with the world, rising inequality in the developed world, managing the negative side effects of growth, to the role of behavioural economics and paternalism in development, and the exclusionary nature of the ongoing digital revolution.

This part of the interview focuses on global issues. This is the fourth in the series of I4I Conversations.

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Land acquisition Act: Addressing both justice and prosperity
Posted On: 29 Jul 2015

Topics:   Land

The Modi government’s land acquisition ordinance did away with the consent and social impact assessment requirements for private projects in certain sectors under UPA’s 2013 land Act. In this article, Ghatak and Ghosh contend that in seeking to eliminate these hurdles, the ordinance puts more weight on prosperity and less on justice. In their view, justice and prosperity need not be irreconcilable objectives.
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John Nash and modern economic theory
Posted On: 04 Jun 2015

Topics:   Economic Thought
Tags:  

In a tribute to John Nash, Parikshit Ghosh, Associate Professor at Delhi School of Economics, outlines the revolutionary contributions of the late Nobel laureate to economic thought.
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Land acquisition debate: The price is not right
Posted On: 31 Mar 2015


The central government’s move to amend the 2013 land acquisition Act has come under criticism for being ‘anti-farmer’. In this article, Maitreesh Ghatak and Parikshit Ghosh argue that while the amendments would streamline the land acquisition process, the law will still be fatally flawed unless a more rational method of determining compensation for land owners is put in place.
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India’s illiberal speech climate
Posted On: 05 Mar 2014

Topics:   Political Economy

India’s cultural watchdogs and hate speech laws are increasingly seeking to restrict free expression in the country. This article contends that the right to take offence is fundamentally incompatible with the right to speak freely, and outlines three reasons for protecting free speech.
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The Land Acquisition Act is deeply flawed
Posted On: 23 Oct 2013

Topics:   Land

In the second part of the Land Acquisition Act debate, Ghatak and Ghosh argue that the legislation is ill-conceived and falls short on several counts. They contend that the formula for compensation is arbitrary, and recommend holding large-scale land auctions to discover the true value of land. They contradict Pande’s point that the Act strikes a fine balance between industrialists and farmers.
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