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Demand-side components of India’s GDP growth

As per the recently released first advance estimates of the Central Statistics Office, the real GDP growth for India is estimated at 6.5% in 2017-18, the slowest in the last four years. In this articl...

Self-employment: Elephant in the room

While nearly half of the labour force in India is self-employed, persistent low standards of living on a large scale imply that not many of these are ‘entrepreneurs’. Much of the self-employment ...

Labour market effects of workfare programmes: Evidence from MNREGA

India’s Mahatma Gandhi National Rural Employment Guarantee (MNREGA), the world’s largest workfare programme, provided employment to 51 million households in 2016. Assessing the impact of MNREGA on...

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Union Budget 2016: Will it support India's economic transformation?

In this year’s Budget speech, the Finance Minister articulated the government’s agenda to ‘Transform India’ through a set of economic reforms framed in terms of ‘nine pillars’ - agricultur...

Union Budget 2016: A UPA-III Budget

In this article, Maitreesh Ghatak, Professor of Economics at the London School of Economics, contends that the Modi government presented a reasonably good United Progressive Alliance (UPA)-III Budget ...

Union Budget 2016: Focus on reforms and fiscal commitments

The Union Budget 2016-17 was presented by the Finance Minister earlier this week. In this article, Rathin Roy, Director of the National Institute of Public Finance and Policy, applauds the Budget for ...

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...

Growth, Urbanisation and Rural-Urban Linkages in Bihar

The project aims to explore the reasons for low urbanization in the state, and identify its regional pattern across the State and its economic and social characteristics. The findings of the study ind...

Can India beat this slowdown?

RBI Governor Raghuram Rajan has cautioned the government against seeking to generate economic growth by increasing public spending and hence, adding to the fiscal deficit. In this article, Jayan Jose ...

Fiscal deficit and growth slowdown

Ahead of the Union Budget, several policymakers and economists in India have advocated increasing public spending to spur economic growth. In this article, Gurbachan Singh argues that even if India is...

A conversation on development - I

Parikshit Ghosh (Associate Professor of Economics, Delhi School of Economics) speaks with Kaushik Basu (Chief Economist and Senior Vice President, World Bank and former Chief Economic Adviser, Governm...

How foreign inflows impact Indian manufacturing firms

In the past few decades, India has emerged as one of the preferred destinations for foreign investors, with the manufacturing sector receiving a substantial proportion of total capital inflows coming...

Three cheers (not) for Jaitapur

During French President Hollande’s ongoing visit to India, India and France are expected to announce that they are going to enter into an agreement to import six nuclear reactors marketed by the Fr...

West Bengal from an external perspective

The once prosperous, industrialised state of West Bengal is now lagging behind all-India average figures in both economic and social indicators. In this article, Ashok Lahiri, former Chief Economic A...

Labour rationing and forced entrepreneurship in village India

When individuals are rationed out of the labour market, this not just decreases welfare but can also create labour misallocation as rationed workers may turn to less-productive self-employment activit...

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Ashna Arora

Columbia University

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Avinash Dixit

Princeton University

Ritika

Ritika Mankar

Ambit Capital

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Sarika Gupta

Harvard University

Maitreesh

Maitreesh Ghatak

London School of Economics; IGC Bihar

Kumar

Kumar Das

International Growth Centre

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Shivakumar Jolad

Indian Institute of Technology Gandhinagar

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Most Popular Macroeconomics Posts

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...

King Cash is back: Has informality increased?

Demonetisation and the introduction of goods and services tax were expected to accelerate the shift to formality in the economy. In this article, Renu Kohli contends that while currency in circulation...

Labour market effects of workfare programmes: Evidence from MNREGA

India’s Mahatma Gandhi National Rural Employment Guarantee (MNREGA), the world’s largest workfare programme, provided employment to 51 million households in 2016. Assessing the impact of MNREGA on...