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Ashok Kotwal
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 »
Introduction to e-Symposium: The GDP conundrum
Posted on: 16 Nov 2016
Ever since India’s Central Statistical Organisation came out with the new GDP series with ... read on »

Tag: services

The dangers that lie beneath India’s IT layoffs
Maitreesh Ghatak
Posted on: 24 May 2017
Topics:   Jobs


The ongoing layoffs in India’s IT sector are at a scale that has not been seen since the global financial crisis of 2008. In this article, Maitreesh Ghatak, Professor of Economics at LSE, contends that while this is a major shock, the country’s demographic dividend, and global trends such as automation, demand an economic strategy that prioritises job creation more broadly.
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Indo-Korea trade pact: Harnessing the potential in services
Neetika Kaushal Nagpal , Saon Ray , Nisha Taneja
Posted on: 23 May 2016
Topics:   Trade


India and Korea signed a Comprehensive Economic Partnership Agreement (CEPA) in 2009, which resulted in an increase of 42% in bilateral trade between 2009-10 and 2012-13. This column examines the CEPA with the objective of identifying potential areas for harnessing services trade between the two countries.
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Growing through cities in India
Ejaz Ghani , William Kerr , Ishani Tewari
Posted on: 20 Jun 2014

Do cities grow through specialisation or diversity? This column measures specialisation and diversity for the manufacturing and services sectors in India. It finds that Indian districts with a broader set of industries exhibit greater employment growth. This is particularly true for low population densities, rural areas and unorganised sector, reflecting knowledge flow and the inclusive nature of employment growth due to diversity.
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What makes cities more competitive in India?
Ejaz Ghani , William Kerr , Stephen D O'Connell
Posted on: 07 Mar 2014
Topics:   Urbanisation


Policymakers in both developed and developing countries want to make cities more competitive, attract new entrepreneurs, boost economic growth, and promote job creation. This column shows that the two most consistent factors that bring entrepreneurs in manufacturing and services to a district in India are its education and quality of local physical infrastructure.
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Service sector growth and convergence across Indian states
Anirudh Shingal
Posted on: 17 Feb 2014
Topics:   Economic Growth


India’s success story in the services sector is well documented at the national level. However, similar literature does not exist for India’s states. This column seeks to bridge this gap by looking at India’s services growth at the sub-national level over 1980-2006. Contrary to existing literature, it suggests that services growth in India may be able to reduce income disparities across states in the long run.
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India’s spatial disparities: Have big cities become too congested?
Klaus Desmet , Ejaz Ghani , Stephen D O'Connell , Esteban Rossi-Hansberg
Posted on: 17 Jan 2014
Topics:   Urbanisation


A key driver of the Indian economy is its rapidly growing service sector. This column compares the spatial growth pattern of the sector in India and other countries. It is found that while in US and Europe, the service sector is becoming increasing concentrated in medium-sized locations, high-density locations in India such as Mumbai and Chennai continue to attract more service sector jobs, causing congestion.
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