17 July, 2024Food, fuel, and facts: Distributional effects of global price shocks
The recent upsurge in global prices of essential commodities of food and fuel, warrants an analysis of the distributional ramifications, especially within developing economies. This article examines I...
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Saroj Bhattarai Arpita Chatterjee Gautham Udapa 
20 June, 2024
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What will it take for the Indian economy to break out of the lower-middle-income bracket?
In 2007, India moved from the low-income to lower-middle-income category, as per the World Bank’s classification of countries by income. With clear aspirations to graduate into the higher brackets o...
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Vikas Dimble Nalini Gulati
- 12 June, 2024
- Perspectives
Growth, well-being and distribution in India in the last decade – I
As India gets ready to vote in the general election, Balakrishnan and Parameswaran present a comprehensive, evidence-based review of the performance of the Indian economy over the past decade. In the ...
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Pulapre Balakrishnan M. Parameswaran
- 20 March, 2024
- 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
- Articles
Losing one half of India's demographic dividend
The working-age population in India is set to increase by more than 200 million over the next two decades. This column contends that India may fail to reap the benefits of this demographic dividend b...
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Jayan Jose Thomas
- 21 April, 2014
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Why food inflation has been high in India
The persistently high food inflation witnessed in India over the past few years has been a cause for concern. This column seeks to identify the major drivers of food inflation in India, and to evalua...
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Rudrani Bhattacharya Abhijit Sen Gupta Narhari Rao
- 16 April, 2014
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Can MNREGA improve credit worthiness of participating households?
Based on household survey data from West Bengal, this column analyses the impact of MNREGA on economic outcomes of participating households. It finds that the ‘local’, ‘guaranteed’ and ‘gov...
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Subhasish Dey
- 11 April, 2014
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How exchange rate changes impact Indian manufacturing firms
After falling to its lifetime low of 68.85 against the dollar in August last year, the Rupee has now appreciated to breach the 60-per-dollar mark. This column explores the impact of currency movement...
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Anubha Dhasmana
- 02 April, 2014
- Articles
How innovations in telecom can promote inclusive growth
Applications of Information and Communications Technology, such as mobile banking, have potential to promote inclusive growth and equity. This column analyses conditions under which innovations in IC...
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Ashima Goyal
- 28 March, 2014
- Articles
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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
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