27 October, 2025India at work: Challenges and the road ahead
While India’s economy experienced steady growth over the last 20 years or so, the growth in employment has not kept pace and key challenges remain to the creation of good-quality jobs. In this post,...
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Nalini Gulati Kanika Mahajan Anisha Sharma 
15 September, 2025
- Perspectives
Why next-generation economic reforms are crucial for reviving investment
While corporate profitability and banks' lending ability have been on the rise for some time, corporate investment remains sluggish. In this post, Gupta and Sachdeva argue that investment levels of In...
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Shishir Gupta Rishita Sachdeva
- 11 April, 2025
- Articles
The growing burden of state subsidies
Delivery of welfare benefits to citizens by state governments in India often takes the form of subsidies. Analysing budgetary data from seven Indian states for the period between 2018-19 and 2022-23, ...
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Kishan Narayan
- 17 March, 2025
- Articles
India's macroeconomic outlook: Is uncertainty the new paradigm?
The provisional growth estimate for India for 2014-15 is 7.3%, higher than 6.9% growth in 2013-14. In this article, Bornali Bhandari – a Fellow at the National Council of Applied Economic Research ...
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Bornali Bhandari
- 16 July, 2015
- Perspectives
Rise of informality in India's tradable manufacturing sector
The vast informal sector in India affects everything from poverty to growth. This column presents new facts on how Indian job growth in manufacturing is concentrated in informal tradable industries, ...
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Ejaz Ghani William Kerr Alex Segura
- 13 July, 2015
- Articles
Land acquisition, industrialisation, and displaced households
Does industrialisation on acquired land benefit those displaced? Evaluating the long-term livelihood effects of the first Special Economic Zone in the state of West Bengal, this column finds that the...
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Saumik Paul Vengadeshvaran J. Sarma
- 01 July, 2015
- Articles
Growth and inequality: The contrasting stories of India and Brazil
The development paths of India and Brazil are, in some ways, mirror images of one another. While growth and inequality were both high in Brazil until 1980 and then declined – first growth declined ...
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Alexandre de Freitas Barbosa Gerry Rodgers
- 29 June, 2015
- Articles
Clearing the fog on the new GDP numbers
The Central Statistics Office recently changed the way GDP is calculated in India, revising the growth estimate for 2013-14 from 4.7% to 6.9%. Many are confused and skeptical about the new numbers, p...
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Saugata Bhattacharya
- 24 June, 2015
- Perspectives
The labour reforms debate: Broadening horizons
Even as the government has indicated that it plans to go slow on labour reforms and build consensus among all stakeholders, trade unions are protesting against “anti-labour” reforms. In this arti...
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Radhicka Kapoor
- 01 June, 2015
- Perspectives
Where is India's growth story headed?
The global financial crisis and domestic policy paralysis led to a decline in firms’ investment activities and investors’ business confidence in India. Could this have affected the economy’s lo...
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Ila Patnaik Madhavi Pundit
- 25 May, 2015
- Articles
Assessing the economic effects of India 'Looking East'
PM Modi recently said that India needs to move from ‘Look East’ to ‘Act East’ and that this is a key component of his government’s foreign policy. In this article, Ganeshan Wignaraja, an ec...
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Ganeshan Wignaraja
- 22 May, 2015
- Perspectives
Responding to external shocks
Following the global financial crisis of 2007-08, the Indian economy was exposed to various shocks. While the major source of shocks was external, the effects were magnified by certain lapses in dome...
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Ashima Goyal
- 30 April, 2015
- Articles
Analysing net foreign earnings of India's corporate sector
The corporate sector is the linchpin of the ‘Make in India’ campaign. This column finds that the sector is increasingly relying on imported inputs and its net foreign earnings are on the decline,...
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J. Dennis Rajakumar
- 22 April, 2015
- Articles
How serious are India's manufacturing skill gaps?
It is widely believed that skill gaps are constraining Indian manufacturing, and closing these gaps has become a national priority. This column argues that the public debate on India’s skill gaps r...
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Aashish Mehta
- 13 April, 2015
- Articles
Land acquisition debate: The price is not right
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...
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Maitreesh Ghatak Parikshit Ghosh
- 31 March, 2015
- Perspectives
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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...
- Gurbachan Singh
- 29 February, 2016
- 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...
- Prachee Mishra Roopal Suhag
- 20 November, 2017
- Perspectives
Understanding the dynamics of the rupee-dollar exchange rate
Since 1993, the Indian rupee (INR) has officially been following a market-determined exchange rate – price is determined by demand for and supply of foreign exchange – with intervention by the Res...
- Ila Patnaik Rajeswari Sengupta
- 11 October, 2021
- Perspectives