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
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High public debt in India: 9 stylised facts
The Covid-induced surge in public debt in India was unique compared to its own history, but also bigger and driven by different factors relative to the average emerging market economy. In this post, M...
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Prachi Mishra
Nikhil Patel
20 December, 2024
- 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...
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Joshua Aizenman
Donghyun Park
Irfan Qureshi
Jamel Saadaoui
Gazi Salah Uddin
30 September, 2024
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The new plan body must have a certain oomph
PM Modi has announced that his government plans to scrap the six-decade old Planning Commission and replace it with a more contemporary think tank. In this article, Abhijit Banerjee outlines the vari...
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Abhijit Banerjee
21 August, 2014
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Investment in Pakistan: Prospects and challenges for India
With the growing importance of India as a leading source of FDI in South Asia, and Pakistan’s liberal investment policies, there is great potential for Pakistan to attract FDI from India. This colu...
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Samridhi Bimal
21 July, 2014
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Modi's first Budget for India: Disappointing but retrievable
In this article, Arvind Subramanian contends that while Modi’s first Budget was good on vision, it fell short in terms of fiscal adjustment, budgetary transparency and credibility, and specificity ...
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Arvind Subramanian
15 July, 2014
- Perspectives
Two views on the Budget
The Modi government’s first Budget has received a mixed response. Eswar Prasad and Bharat Ramaswami present two distinct views on the Budget. While Prasad is of the opinion that the Budget hits the...
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Eswar Prasad
Bharat Ramaswami
12 July, 2014
- Perspectives
Keys to successful reform in India
The new Indian government’s first budget - due to be unveiled this week – will be an important indicator of how forcefully the new PM intends to translate his mandate of putting India’s economy...
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Eswar Prasad
09 July, 2014
- Perspectives
The Jaitley Budget: Planning for crisis
El Nino can potentially derail the best-laid plans of the new government in India. The article contends that the finance minister would do well to plan his first Budget by attaching a reasonable prob...
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Arvind Subramanian
23 June, 2014
- Perspectives
The Goods and Services Tax: Light at the end of the tunnel?
As the Goods and Services Tax is inching towards implementation, a major overhaul of the Indian tax system has also been in progress. This article discusses three key strengths of the ongoing process...
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Nirvikar Singh
18 June, 2014
- Perspectives
An economic roadmap for India
With a new government at the Centre, there is an expectation of a revival of growth of the Indian economy. This article contends that India can return to the path of sustainable growth by investing i...
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Iqbal Dhaliwal
Gita Gopinath
30 May, 2014
- Perspectives
Reversing premature de-industrialisation in India
In countries across the world, de-industrialisation is taking place earlier in the development process. This column analyses how India fares in this regard. It finds that for most Indian states, the ...
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Amrit Amirapu
Arvind Subramanian
26 May, 2014
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India's power sector reforms: Who reaped the benefits?
The cornerstone of India´s power sector reforms is the 2003 National Electricity Act that limited state intervention in the power sector. This column analyses the effects of the Act on Indian manufa...
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David Szakonyi
Johannes Urpelainen
02 May, 2014
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The costs of employment protection
Restrictive labour laws govern the formal sector in India, whereas the informal sector is virtually unregulated. This column analyses the impact of reforms pertaining to employment protection legisla...
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Sean Dougherty
Veronica Frisancho
Kala Krishna
30 April, 2014
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The puzzle of declining labour intensity in organised Indian manufacturing
It is surprising to note that labour intensity in the organised manufacturing sector in India, particularly in industries with greater labour requirements, has shown a sustained decline over the past...
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Kunal Sen
25 April, 2014
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Tweets by Ideas4IndiaMost 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...
Gurbachan Singh
29 February, 2016
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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
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...
Maitreesh Ghatak
01 May, 2021
- Articles