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Tag Search: “political economy”

How are India's new states faring?

In the year 2000, three new states – Jharkhand, Chhattisgarh and Uttarakhand – were carved out of the large states of Bihar, Madhya Pradesh and Uttar Pradesh respectively. This column analyses the per...

  • Perspectives

Land in India: Market price vs. fundamental value

The Real Estate (Regulation and Development) Bill, 2015, is focused on protecting the few home buyers who can afford to buy homes but does not address the issue of high land prices, which is a very se...

  • Articles

Regulating land markets: The colonial inheritance

State intervention in markets is usually thought of as a post-independence phenomenon. However, this column demonstrates that extensive State intervention in land and credit transactions can be traced...

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A conversation on development - II

Parikshit Ghosh (Member of the I4I Editorial Board & Associate Professor of Economics, Delhi School of Economics) speaks with Kaushik Basu (Chief Economist and Senior Vice President, World Bank and fo...

  • Perspectives

Unleashing the full potential of India's 'Open Government Data' initiative

In October 2012, India embarked upon its ‘Open Government Data’ journey, by opening up access to government-owned shareable data in machine-readable formats for the use of general public. In this art...

  • Perspectives

Moving past the mandis: A revolution waiting to happen

A revolution in agricultural marketing organisation in Gansu province in China led to a 50% increase in potato yields within the past 15 years. In this article, Dilip Mookherjee, Professor of Economi...

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Criminally accused politicians and economic outcomes

Despite a history of widely contested and transparent elections, and presence of vibrant and open media, an increasing number of criminally accused politicians are being elected in India. Based on an...

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Financial inclusion for the poor: Using RCTs for effective programme design

While the Pradhan Mantri Jan Dhan Yojana – the Indian government’s flagship financial inclusion scheme - is impressive in its mission, it does not seem to have achieved meaningful results so far. In ...

  • Perspectives

West Bengal from an external perspective

The once prosperous, industrialised state of West Bengal is now lagging behind all-India average figures in both economic and social indicators. In this article, Ashok Lahiri, former Chief Economic A...

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Boom and Bust: Institutional causes of India's growth slowdown in 2011

The slowdown in India’s growth in 2011 is generally attributed to the global financial crisis and domestic policy paralysis. In this article, Kunal Sen argues that the high growth rates in the 2000s ...

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Bihar's alcohol ban: Prudent policy or tail-chasing?

Bihar Chief Minister Nitish Kumar’s decision to implement prohibition in the state from 1 April 2016 is based on the rationale that alcohol consumption is the primary reason for violence against wome...

  • Perspectives

Tolerance and respect for economic progress

In his recent speech at IIT Delhi, RBI Governor Raghuram Rajan contends that ideas are the key to economic growth. The two essentials to keep the ideas factory open are to foster competition in the m...

  • Perspectives