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Ashok Kotwal
The challenge of job creation
Posted on: 15 Dec 2017
The process of economic transformation that entails labour transitioning from low- to high ... read on »
GST Explainer: Introduction
Posted on: 16 Oct 2017
Seventeen years after its framework was formed, India’s biggest tax reform – the goods and ... read on »
Introducing a new feature: ‘Explainers’
Posted on: 16 Oct 2017
Our day-to-day lives are tossed around due to economic changes, resulting sometimes from g ... read on »
On demonetisation
Posted on: 23 Dec 2016
On the evening of 8 November, the Prime Minister announced on national television that Rs. ... read on »

Tag: colonialism

Common tongue? How mother tongue instruction influences education
Tarun Jain , Revathy Suryanarayana
Posted on: 27 Feb 2017
Topics:   Education


The recently released draft of the National Education Policy stresses the importance of education in the mother tongue, especially in the formative years at school. This column seeks to uncover the link between vernacular language use in schools and educational achievement using data from large-scale historical events in South India. It finds that mother-tongue instruction led to persistent increases in educational achievement in primary and secondary schooling.
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What constrained the expansion of education in British India?
Latika Chaudhury
Posted on: 22 Jul 2013
Topics:   Education


Education and human capital development were neglected in colonial India. This column explores how colonial policies interacted with local conditions to influence the trajectory of Indian education. It finds that public spending on education was inadequate and susceptible to elite capture, and that the lack of focus on education was an important constraint on economic growth in the country during that period.
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Microfinance and predatory lending: The same old story?
Latika Chaudhury , Anand Swamy
Posted on: 19 Sep 2012

Once hailed as a near-miraculous way of lending money to the poor, microfinance is now often seen as exploitation – and governments are stepping in. This column looks at another point in India’s history where lawmakers have intervened in lending practices: following the Deccan Riots between farmers and moneylenders in 1876. It argues that in hindsight this was an overreaction – and perhaps there is a lesson for today.
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