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 ...
- Pulapre Balakrishnan M. Parameswaran
- 20 March, 2024
- Perspectives
Effect of food prices on inflation: Is monetary policy an effective tool?
With rising inflation becoming a global concern, Balakrishnan and Parameswaran discuss some explanations for the high inflation in India. They find that inflation was driven by a domestic rise in food...
- Pulapre Balakrishnan M. Parameswaran
- 19 July, 2023
- Articles
India’s debt dilemma
In the fifth article in the Ideas@IPF2023 series, Eichengreen, Gupta and Ahmed reveal how high levels of debt in India limit the resources available for other priorities. At the same time, they predic...
- Ayesha Ahmed Barry Eichengreen Poonam Gupta
- 17 July, 2023
- Perspectives
Budget 2021-22: A political economy perspective
Examining the 2021-22 Union Budget with a political economy lens, Yamini Aiyar contends that the policy choices reflects Government of India’s propensity to centralise rather than to devolve, and a ...
- Yamini Aiyar
- 15 February, 2021
- Perspectives
Budget 2021-22: Does it address structural issues?
Highlighting some of the key features of the 2021-22 Union Budget, Sarthak Agarwal contends that although this Budget was presented in an exceptionally difficult period for the Indian economy, policym...
- Sarthak Agrawal
- 12 February, 2021
- Perspectives
Budget 2021-22: A passing grade
Assessing the 2021-22 Union Budget, Bhaskar Dutta argues that while there are several positive features, the overall thrust is disappointing because it does not address the needs of the poor.
- Bhaskar Dutta
- 09 February, 2021
- Perspectives
Budget 2021-22: A macroeconomic overview
Providing a macroeconomic overview of the Union Budget 2021-22, Niranjan Rajadhyaksha and Sharmadha Srinivasan contend that it is based on realistic assumptions of nominal GDP growth, is reasonably ai...
- Niranjan Rajadhyaksha Sharmadha Srinivasan
- 08 February, 2021
- Perspectives
Budget 2021-22: Over-reliance on infrastructure investment to spur growth?
Commenting on the strong infrastructure push in the 2021-22 Budget, Sarmistha Pal argues that an emphasis on investment in infrastructure may not necessarily bring India out of the current economic re...
- Sarmistha Pal
- 05 February, 2021
- Perspectives
Budget 2021-22: Missed opportunity for increasing tax collection
Examining income tax announcements of Budget 2021-22 with a broader perspective, Gurbachan Singh highlights the need to increase tax collection in India in a gradual and careful but sustained manner. ...
- Gurbachan Singh
- 04 February, 2021
- Perspectives
Budget 2021-22: A gender lens
Examining the 2021-22 union budget through a gender lens, Nalini Gulati discusses what the budget does – and does not do – for women in the Indian economy, particularly with respect to the digital...
- Nalini Gulati
- 02 February, 2021
- Perspectives
An assessment of policy performance under the current regime
Commenting on the recent policy paper by Subramanian-Felman, Maitreesh Ghatak discusses why – looking at the same numbers – he would tend to be less generous in his grades for the performance of p...
- Maitreesh Ghatak
- 01 February, 2021
- Perspectives
Fiscal rules during the Covid-19 pandemic
Several countries have amended their fiscal rules to provide for additional public spending, in order to revive their economies that have been adversely hit by the pandemic. This post examines the fis...
- Sahana Roy Chowdhury Radhika Pandey
- 30 January, 2021
- Perspectives
The Indian economy and policymaking: Towards ‘openness’
Providing his perspective on the recent policy paper by Subramanian and Felman, Nirvikar Singh contends that more emphasis is needed on financial reforms and innovation, addressing India’s export sl...
- Nirvikar Singh
- 29 January, 2021
- Perspectives
State of the Indian economy: Diagnosis and recommendations
Arvind Subramanian (India’s former Chief Economic Adviser) and Josh Felman (former IMF Resident Representative to India) have brought out a new policy paper, offering a diagnosis of the Indian econo...
- Ashok Kotwal
- 28 January, 2021
- Perspectives
“New Welfarism”: Old wine, new bottles?
Commenting on the recent policy paper by Subramanian and Felman, R Nagaraj contends that the authors imaginative re-branding of the erstwhile ‘populist schemes’ as “New Welfarism of the Right”...
- R. Nagaraj
- 28 January, 2021
- 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
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