Ashok Kotwal
A symposium on Piketty: Introduction
Posted on: 15 Jun 2015
First, I would like to direct readers to a piece by Robert Solow – a Nobel Laureate a ... read on »
Emerging challenges: Economic and social
Posted on: 06 Aug 2014
The recent parliamentary election may well turn out to be a significant event in Indi ... read on »
The challenge of fulfilling aspirations
Posted on: 15 Jul 2014
The recent parliamentary election may turn out to be a watershed moment in Indian his ... read on »


Political distortions in the Indian electricity sector
Thushyanthan Baskaran , Brian Min , Yogesh Uppal
Posted on: 03 Aug 2015

While political interference is believed to be a major problem plaguing the electricity sector in India, there is little empirical evidence on the existence of political distortions or on their economic costs. This column demonstrates that Indian state governments increase the supply of electricity to constituencies that have bye-elections by diverting electricity away from non-election constituencies.
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Inclusive finance for inclusive growth: A gender perspective
Vigneshwara Swamy
Posted on: 31 Jul 2015

While research has established that financial inclusion programmes lead to economic upliftment of poor families owing to the participation of women, the evidence on the impact of such programmes on women empowerment is mixed. Based on a household survey data in India, this column finds that female-headed households that participate in financial inclusion programmes gain more in terms of economic well-being, vis-à-vis male-headed households.
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Land acquisition Act: Addressing both justice and prosperity
Maitreesh Ghatak , Parikshit Ghosh
Posted on: 29 Jul 2015
Topics:   Land

The Modi government’s land acquisition ordinance did away with the consent and social impact assessment requirements for private projects in certain sectors under UPA’s 2013 land Act. In this article, Ghatak and Ghosh contend that in seeking to eliminate these hurdles, the ordinance puts more weight on prosperity and less on justice. In their view, justice and prosperity need not be irreconcilable objectives.
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India’s macroeconomic outlook: Is uncertainty the new paradigm?
Bornali Bhandari
Posted on: 26 Jul 2015
Topics:   Economic Growth
Tags:   GDP

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 – argues that the figures mask the volatile path that growth has taken in 2014-15. She discusses the key uncertainties faced by the Indian economy last year, and their implications for growth going forward.
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Why numbers matter
V. Ramani
Posted on: 23 Jul 2015
Tags:   data

The delayed and partial release of data from the ‘Rapid Survey on Children’ by the Indian government has given rise to questions and speculation. In this article, former bureaucrat V. Ramani discusses the broader issue of the lack of suitable, public data on the social sector in India and the inability or unwillingness of the government to use existing data to monitor outcomes.
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Beyond toilets: Improving the sanitation value chain
Sujaya Rathi
Posted on: 21 Jul 2015

Besides access to toilets, proper treatment and disposal of waste is essential for effective sanitation. In this article, Sujaya Rathi - Principal Research Scientist at CSTEP who is currently involved with developing decision-support tool for sanitation - discusses alternate sanitation systems and the importance of adopting a system that is well-suited to the context and needs of particular cities.
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How interest rates affect financial decisions of Indian households
Nikhil Gupta
Posted on: 17 Jul 2015

RBI has cut interest rates three times this year so far. While rate cuts are welcomed by the Indian corporate sector, their impact on households is less discussed. This column analyses the relationship between deposit rates and financial decisions of households. It finds that lower rates reduce net financial savings of households, which in turn reduces the resource pool available to the corporate sector.
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Drafting India’s new national health policy: A window of opportunity
Chandrakant Lahariya , Nata Menabde
Posted on: 15 Jul 2015
Topics:   Health
Tags:   healthcare

The Indian government is working on drafting a new national health policy and designing a health assurance mission, in parallel with developing its national health accounts. In this article, Nata Menabde and Chandrakant Lahariya – public health policy experts at the World Health Organization - contend that this opportunity has the potential to transform the health status of millions of Indians and achieve universal health coverage.
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Rise of informality in India’s tradable manufacturing sector
Ejaz Ghani , William Kerr , Alex Segura
Posted on: 13 Jul 2015
Topics:   Jobs

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, especially one-person establishments. These features are most closely linked to the urbanisation of informal Indian manufacturing, but subcontracting and rising female participation also appear to play noteworthy roles.
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Property rights, household conflict and suicide in India
Siwan Anderson , Garance Genicot
Posted on: 09 Jul 2015
Topics:   Gender , Land

Suicide has become the second leading cause of death among young Indians. This column finds that improved inheritance rights for women are associated with an increase in the incidence of suicide among both men and women in India, particularly men. Strengthened position of women alters negotiations within the household resulting in increased family conflict and intense stress for individuals.
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