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Latest
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Did the metro help reduce air pollution in Delhi?
Deepti
Goel
,
Sonam
Gupta
Posted on:
17 May 2013
The Delhi metro has been operational for over a decade now. Has it helped reduce the high levels of air pollution? This column presents initial findings from research that suggests that the metro has encouraged people to switch from private to public mode of travel, resulting in positive effects on air quality in the city.
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The challenges of opening up India’s capital account
Abhijit
Sen Gupta
,
Rajeswari
Sengupta
Posted on:
15 May 2013
A key objective for any open economy is to avoid a financial or balance of payments crisis – a goal that often calls for trade-offs between liberalisation and maintaining control of the economy. This column explores the trade offs India has made.
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Renewable energy and India’s future
Ramprasad
Sengupta
Posted on:
13 May 2013
In the world’s second-most populous country, it is unsurprising that the topic of energy supply should be a key issue – and, in particular, its sustainability. This column completes a series on India’s energy challenges. It argues that sustainable energy supply and continued rapid economic growth of India can be compatible.
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The Golden Quadrilateral: Highway to success
Ejaz
Ghani
,
Arti
Grover Goswami
,
William
Kerr
Posted on:
10 May 2013
The Golden Quadrilateral, which connects four major cities in India, is the fifth-longest highway in the world. This column presents research that finds that by improving connectivity, the highway has helped with the efficient distribution of industries across locations. It has facilitated the shift of land and building intensive industries from the core to peripheries of cities, and has made medium-sized cities more attractive locations for manufacturing activity.
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Getting to a greener picture of India’s growth story
Varad
Pande
Posted on:
08 May 2013
The Expert Group on Green National Accounting calls for including natural as well as human capital in our national accounts, and defining economic growth in terms of ‘wealth per capita’ instead of ‘GDP per capita’. In this Note from the Field, Varad Pande argues that this is a step in the right direction, discusses implementation issues and calls for a new robust cost-benefit rubric for new projects.
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The role of informal caste networks in public service delivery
Sriniketh
Nagavarapu
,
Sheetal
Sekhri
Posted on:
06 May 2013
Large public programmes designed at the national level are often undermined by corruption at the local level. This column proposes local level monitoring and enforcement through informal networks as a potential low-cost solution. It shows how caste networks can facilitate monitoring and enforcement in the Targeted Public Distribution System, and infers implications of these findings for the food security bill.
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The Chit fund crisis: Should not put all financial intermediaries in the same bracket
Abhijit
Banerjee
,
Maitreesh
Ghatak
Posted on:
03 May 2013
The government has announced a bailout package for the participants of unregulated saving schemes that have been put at risk by the current Chit fund crisis in West Bengal. In this article, Banerjee and Ghatak caution against putting deposit-takers and micro-lenders in the same bracket while considering stricter financial regulation to prevent recurrence of such events.
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The Land Acquisition Bill
Participants:
Pranab
Bardhan
,
Shri Vallabh
Goyal
,
Dilip
Mookherjee
,
Abhirup
Sarkar
Moderator:
Parikshit
Ghosh
Posted on:
26 Apr 2013
Will the new Land Acquisition Bill make protests like those in Singur and Bhatta-Parsaul a thing of the past? Will it make land acquisition so expensive and difficult that the pace of industrialisation will suffer? Will it achieve justice? Development? Neither? Experts from academia and industry examine a piece of legislation that is likely to have far reaching consequences for the future of the country.
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Long term recovery of the Indian economy depends on reforms
Sarah
Chan
Posted on:
24 Apr 2013
The Indian economy has been facing challenges in the form of sluggish growth, high inflation, and rising fiscal and current account deficits. This column highlights trends in the economic conditions, and outlines policy actions and reforms needed to put the economy back on track.
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Willingness to pay for index based crop microinsurance in India
Janani
Ramasubramanian
Posted on:
22 Apr 2013
Given the significance of the agricultural sector in India and its vulnerability, an adequate and sustainable risk management system is critical. However, uptake of microinsurance is quite low. This column presents research that shows that while there is awareness regarding market based formal insurance schemes, people continue to be more comfortable relying on own savings or informal borrowing, which can only help manage small shocks or losses.
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