Economic development of Punjab: Prospects and policies
While the north Indian state of Punjab topped per-capita income rankings within the country until year 2000, its position fell consistently thereafter. This article discusses the current state of Punj...
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Lakhwinder Singh
Nirvikar Singh
Prakarsh Singh
17 July, 2024
- Perspectives
Food, fuel, and facts: Distributional effects of global price shocks
The recent upsurge in global prices of essential commodities of food and fuel, warrants an analysis of the distributional ramifications, especially within developing economies. This article examines I...
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Saroj Bhattarai
Arpita Chatterjee
Gautham Udapa
20 June, 2024
- Articles
What will it take for the Indian economy to break out of the lower-middle-income bracket?
In 2007, India moved from the low-income to lower-middle-income category, as per the World Bank’s classification of countries by income. With clear aspirations to graduate into the higher brackets o...
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Vikas Dimble
Nalini Gulati
12 June, 2024
- 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
Reconsidering the 4% inflation target
The RBI targets an inflation rate of 4%. In this article, Gurbachan Singh takes an in-depth look at the prevailing macroeconomic policy regime. This exercise provides an insight, which forms the basis...
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Gurbachan Singh
16 January, 2017
- Perspectives
The historical roots of India's booming service economy
India stands out from other emerging economies because its growth has been led by the service sector rather than labour-intensive manufactures. This column summarises recent research showing that Indi...
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Stephen Broadberry
Bishnupriya Gupta
13 January, 2017
- Articles
Terms of trade shocks and monetary policy in India
Understanding monetary policy design in emerging markets and developing economies is a growing area of research. One aspect that is missing is how distortions in the agricultural sector translate into...
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Chetan Ghate
Sargam Gupta
Debdulal Mallick
31 December, 2016
- IGC Research on India
Women and work in rural India
In contrast to the global average of 48%, only 32.6% of the half-a-billion working-age women in India report to be working. It is puzzling that the rapid fertility transition, broad increases in femal...
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Farzana Afridi
Taryn Dinkelman
31 December, 2016
- IGC Research on India
Female Politicians and Economic Growth: Evidence from State Elections in India
This project investigates whether women legislators are good for economic growth using constituency level data for all elections to State Legislative Assemblies in India during 1992-2012.
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Thushyanthan Baskaran
Sonia Bhalotra
Yogesh Uppal
31 December, 2016
- IGC Research on India
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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