•  
Main Banner Image
Macroeconomics

The growing burden of state subsidies

  • Articles

Union Budget 2025-26: Many small measures but lacks big ideas

The Finance Minister recently presented the Union Budget for 2025-26. In this post, Rajeswari Sengupta notes that the most significant aspect of this Budget is the fiscal stimulus aimed at middle-clas...

  • Perspectives

Uneven resilience: Why some emerging markets better navigate US monetary policy cycles

As the US dollar and monetary policy continue to have a significant impact on global financial dynamics, some emerging markets are observed to be more resilient than others to the policy cycles. Analy...

  • Articles

Economic development of Punjab: Prospects and policies

While the north Indian state of Punjab topped per-capita income rankings within the country until year 2000, its position fell consistently thereafter. This article discusses the current state of Punj...

  • Perspectives
451 posts
Refine list by:
--Please Select--
--Please Select--

Covid-19: Reserves to the rescue

On 27 March 2020, the Government of India announced a relief package of Rs. 1.7 trillion to deal with the Covid-19 crisis and its possible adverse effects on the economy. A view put forth by critics i...

  • Perspectives

Age composition of population and Covid-19

The novel Covid-19 is affecting the advanced countries in the Western Hemisphere disproportionately more than developing countries. In this post, Basu and Sen show that Covid-19 casualty is higher in ...

  • Perspectives

We need a Marshall Plan to fight Covid-19

There are still a lot of unknowns in the fight against the Covid-19 pandemic, but two robust lessons are clear: we need to pull out all stops to strengthen our healthcare capacity and reinforce social...

  • Perspectives

Covid-19: Curated content and resources

Watch this space as we bring together our pick of articles, videos, and podcasts as well as useful links with credible information on Covid-19.

  • Perspectives

Covid-19: Are we ready for the long haul? - Part II

In Part I of this piece, the authors made broad recommendations to guide the government’s response to Covid-19 in India. In this part, they identify five salient population groups that are particula...

  • Perspectives

Covid-19: Are we ready for the long haul? - Part I

As this may be the first of many future lockdowns to stamp out possible repeated outbreaks of Covid-19, policymakers must be prepared to provide relief to adversely affected individuals. With this in ...

  • Perspectives

How did demonetisation affect household consumption?

‘Demonetisation’ announced in India in 2016 made 86% of cash in circulation illegal tender overnight. This article finds that it led to a decline in household consumption in the initial months aft...

  • Articles

Covid-19: Is there a reasonable alternative to a comprehensive lockdown?

In India’s battle against Covid-19, we are inevitably confronted by the choice between social distancing on the one hand, and denying people their livelihood on the other. Recognising the unsustaina...

  • Perspectives

Covid-19: Dealing with the economic consequences

In the last two weeks, the Covid-19 pandemic has turned the world economy upside down, and all indicators point to one of the sharpest economic contractions in modern times. In this post, Ram Singh di...

  • Perspectives

Covid-19: Macroeconomic implications for India

Due to the measures adopted to prevent the spread of the Coronavirus Disease 2019 (Covid-19), especially social distancing and lockdown, non-essential expenditures are being postponed. This is causing...

  • Perspectives

Rural infrastructure development and economic activity

Estimating the effects of physical infrastructure investments on economic growth has remained challenging, especially in rural settings. This article studies the effects of a rural infrastructure gran...

  • Articles

Infrastructure development: Current bottlenecks and way forward

Infrastructure development remains a key constraint in India’s economic development. Given the budgetary constraints of the government, private financing for infrastructure provisioning through publ...

  • Perspectives

Recent Contributors

Shishir

Shishir Gupta

Centre for Social and Economic Progress (CSEP)

Rishita

Rishita Sachdeva

Centre for Social and Economic Progress (CSEP)

Kishan

Kishan Narayan

Northeastern University

Rajeswari

Rajeswari Sengupta

Indira Gandhi Institute of Development Research

Prachi

Prachi Mishra

Ashoka University

Nikhil

Nikhil Patel

International Monetary Fund

Joshua

Joshua Aizenman

University of Southern California

Gazi Salah

Gazi Salah Uddin

Linköping University, Sweden

View all Contributors

Most Popular Macroeconomics Posts

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

Land records and titles in India

Land ownership is broadly determined by access to a land title, which protects the rights of the title-holder, and impacts livelihoods, and industrial, economic, and social growth. However, land title...

  • Perspectives

West Bengal’s economic performance relative to India over the last three decades

Against the backdrop of the ongoing elections in West Bengal, Maitreesh Ghatak examines how the state’s economic performance compares with that of the country as a whole, over the past three decades...

  • Articles