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
- Articles
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 Reserve Bank's mission impossible?
India’s current inflation is unprecedentedly high – not in absolute terms but relative to the rest of the world. This article discusses the role of inflation in the recent currency crisis, and ar...
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Arvind Subramanian
- 29 November, 2013
- Perspectives
What saved the rupee?
This article analyses the dramatic fall of the rupee between May and August this year, and its recovery thereafter. It asserts that it was primarily external factors and an unconventional interventio...
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Arvind Subramanian
- 06 November, 2013
- Perspectives
Exchange rate movements and Indian firms' exports
Understanding the effects of exchange-rate changes on a country’s trade balance calls for an analysis of how exchange-rate fluctuations affect the decisions of individual firms. This column explore...
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Yin Cheung Rajeswari Sengupta
- 01 November, 2013
- Articles
The new land law: Are the states up to the challenge?
In the third part of the land law debate, Ram Singh asserts that the Act is biased against projects of state governments, and emphasises the need for states to undertake long overdue land reforms. He...
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Ram Singh
- 25 October, 2013
- Perspectives
The Land Acquisition Act is deeply flawed
In the second part of the Land Acquisition Act debate, Ghatak and Ghosh argue that the legislation is ill-conceived and falls short on several counts. They contend that the formula for compensation is...
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Maitreesh Ghatak Parikshit Ghosh
- 23 October, 2013
- Perspectives
A 'new' land reform policy in India?
The Ministry of Rural Development has recently issued a draft of a new National Land Reform Policy. In this article, Dilip Mookherjee discusses the key features, and presents his views on the pros an...
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Dilip Mookherjee
- 11 October, 2013
- Perspectives
Short-term migration and child welfare
While much has been said about the poor working and living conditions of short-term migrants, relatively little is known of the impact of short-term migration on child welfare. This column finds that ...
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Diane Coffey
- 07 October, 2013
- Articles
Monkeying with the rupee
In this article, Debraj Ray discusses the sharp depreciation of the rupee and the ongoing outflow of foreign capital from India. Further, he refutes claims that the costs associated with the Food Secu...
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Debraj Ray
- 04 September, 2013
- Perspectives
Choosing to be trained: Behavioural restrictions on participation decisions
Widespread unemployment has prompted policymakers to consider introduction of various training programmes that can help workers accumulate additional skills to obtain new jobs and/ or retain current ...
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Utteeyo Dasgupta Lata Gangadharan Pushkar Maitra Subha Mani Samyukta Subramanian
- 02 September, 2013
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Is there public support for higher electricity prices in India?
Even though India´s power sector does not generate enough electricity to meet the rapidly growing demand, policymakers hesitate to increase tariffs due to popular opposition. This column discusses r...
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Johannes Urpelainen
- 23 August, 2013
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Who creates jobs?
With millions of young people entering the labour market each year, the big question is whether there will be enough jobs for them. But who actually creates these jobs? This column looks at data from...
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Ejaz Ghani William Kerr Stephen D O'Connell
- 02 August, 2013
- Articles
Bad management: A constraint on economic development?
Are poor management practices holding back middle-income countries? This column looks at the evidence for private firms and public organisations in manufacturing, retail, healthcare and education in I...
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Renata Lemos Daniela Scur
- 08 July, 2013
- 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