20 March, 2024Effect 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...
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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...
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Ayesha Ahmed Barry Eichengreen Poonam Gupta
- 17 July, 2023
- Perspectives
Budget 2024-25: A countercyclical approach to fiscal policy
Keynes propounded that fiscal policy should be countercyclical in nature – expansionary during recession and contractionary during periods of boom. In this post, Aakanksha Shrawan analyses India’s...
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Aakanksha Shrawan
- 26 March, 2024
- Perspectives
How India can reduce the size of its black economy
In this article, Parag Waknis contends that if the Indian government is serious about addressing the black economy, fundamental changes in the structure and organisation of the economy and politics ar...
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Parag Waknis
- 20 March, 2017
- Perspectives
Chasing one's own tail: Dealing with tax non-compliance
A key, stated objective of the recent denotification of high-denomination currency notes was to eliminate black money arising from tax evasion, and to expand the tax net. In this article, Sangram Gaik...
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Sangram Gaikwad Kailash Pundlik Gaikwad
- 01 March, 2017
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Budget subsidies of the central government and 14 major Indian states: 1987-88 and 2011-12
In this article, Mundle and Sikdar of NIPFP, present their estimates of the flow of subsidies through the budgets of the central government and 14 major Indian states in 1987-88 and 2011-12. The estim...
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Sudipto Mundle Satadru Sikdar
- 01 March, 2017
- Articles
Reviving the informal sector from the throes of demonetisation
While recent measures announced by the government indicate some awareness of the hardships inflicted on the informal sector by the note ban, more needs to be done. In this article, Bhattacharya, Mitra...
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Kaushik Bhattacharya Siddhartha Mitra Sarmistha Pal Bibhas Saha
- 13 February, 2017
- Perspectives
Union Budget 2017-18: No amends for the sins of demonetisation
Commenting on India’s Union Budget 2017-18, Siddharth Varadarajan, a Founding Editor of The Wire, contends that dealing with the aftereffects of demonetisation requires a fiscal and monetary boost, ...
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Siddharth Varadarajan
- 06 February, 2017
- Perspectives
India's Union Budget 2017-18: Status quo for the social sector
On 1 February, The Finance Minister of India presented the Union Budget 2017-18. In this article, Yamini Aiyar, Director of Accountability Initiative, contends that for social policy, the Budget sugg...
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Yamini Aiyar
- 03 February, 2017
- Perspectives
An economist’s view on recent domestic and world events
Dilip Mookherjee spoke to Hindu Business Line at length on a variety of issues including demonetisation, the upcoming Budget, and the Trump Presidency’s impact on the world economy.
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Dilip Mookherjee
- 31 January, 2017
- Perspectives
Smart meters for promoting energy efficiency in rural India
This project brings experimental and quasi-experimental research methods to bear on important issues confronting rural electrification initiatives.
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Meredith Fowlie Catherine Wolfram
- 31 January, 2017
- IGC Research on India
How to go about chasing black money
In the context of demonetisation, Indira Rajaraman argues that the focus of any sustainable reform of the taxation structure must be on reducing flows of tax evasion, not going after existing caches o...
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Indira Rajaraman
- 30 January, 2017
- Perspectives
Land acquisition: Need for a shift in discourse?
Empirical evidence increasingly shows that farmers are willing to have their land acquired if the price-compensation package is acceptable. Given this trend, Dhanmanjiri Sathe argues that the discours...
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Dhanmanjiri Sathe
- 25 January, 2017
- Perspectives
Do firms in India perceive themselves to be e-ready?
Government of India’s ‘Digital India’ programme seeks to transform the country into a digitally-empowered society and knowledge economy. This column presents region-wise findings of a perceptio...
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Bornali Bhandari Ajaya Kumar Sahu
- 24 January, 2017
- Perspectives
Rural electrification in India: Focus on service quality
India has set an ambitious goal of achieving high-quality electricity supply for all households by 2019, and impressive progress has been made in increasing the number of household electricity connect...
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Karthik Ganesan Abhishek Jain Johannes Urpelainen
- 18 January, 2017
- 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