Budget 2023-24: Fiscally conservative but lacking economic strategy
The Indian economy’s recovery from the Covid-19 pandemic has not been all good news: employment creation has stagnated, and government capex allocation has not been successful in generating private ...
- Rajeswari Sengupta
- 27 February, 2023
- Perspectives
Budget 2023-24: Some good and no harm
Following the budget speech, Deepak Mishra weighs in on the extent to which the three goals of higher growth, better distribution, and stability were met. He discusses the Finance Minister’s success...
- Deepak Mishra
- 03 February, 2023
- Perspectives
Budget 2022-23 and outlook for the Indian economy
Several commentators have lauded the recently presented Budget 2022-23 as a ‘growth budget’, on account of the large allocations made for capital expenditure on public infrastructure. On the other...
- Ashok Kotwal Pronab Sen
- 03 March, 2022
- Videos
The contractualisation of India's workforce: Explanations and implications
The employment structure of India’s organised manufacturing sector has undergone substantial changes over the last decade with a steep rise in the use of contract workers in place of regular workers...
- Radhicka Kapoor P.P. Krishnapriya
- 31 August, 2016
- IGC Research on India
Land acquisition and structural transformation in Bihar: An analysis of alternative approaches
This project has three main objectives: One, the construction and analysis of a theoretical framework to evaluate the various options open to the government of Bihar to facilitate land acquisition for...
- Sanjay Jain Chinmaya Kumar
- 31 August, 2016
- IGC Research on India
Could emerging economies change the rules of the global labour standards game?
In an increasingly global marketplace, the ramping up of trade has drastically altered the way goods are manufactured and sold. In this article, Kuntala Bandyopadhyay, research associate at ICRIER, d...
- Kuntala Bandyopadhyay
- 24 August, 2016
- Perspectives
Fast breeder reactors and the slow progress of India's nuclear programme
Breeder reactors have always underpinned the claims of India’s Department of Atomic Energy about generating large quantities of electricity. The first Prototype Fast Breeder Reactor was expected to ...
- M.V. Ramana
- 16 August, 2016
- Perspectives
Is India a tax haven for the rich?
In April, the government released tax data, which provided a break-up of taxes by income categories for the year 2012-13. In this article, Himanshu, Associate Professor at Jawaharlal Nehru University...
- Himanshu .
- 10 August, 2016
- Perspectives
Analysing worker responses to a contract change
Higher-powered incentives are generally believed to increase worker productivity. In the context of an Indian tea plantation, this column examines a contract change wherein baseline wages were increas...
- Rajshri Jayaraman Debraj Ray
- 08 August, 2016
- Articles
A comparison of automobile industries in India and China
The automobile sector in both India and China developed due to waves of investment in these countries since the late 1980s. This column discusses how India’s automobile sector has grown differently ...
- Smita Miglani Saon Ray
- 05 August, 2016
- Articles
Inflation targeting: A long way to go
The Finance Bill, 2016, amended the Reserve Bank of India (RBI) Act, 1934, to define inflation targeting as the primary objective of the central bank. In this article, Rajeswari Sengupta, Assistant P...
- Rajeswari Sengupta
- 18 July, 2016
- Perspectives
India's housing situation
The ‘Housing for all’ scheme was launched by the Government of India in June 2015, with the objective of constructing 20 million houses for the urban poor by 2022. In this article, Roshan Kishore...
- Roshan Kishore
- 11 July, 2016
- Perspectives
Why is labour mobility in India so low?
Rural-to-urban migration is surprisingly low in India, compared with other large developing countries, leaving higher paying job opportunities unexploited. This column shows that well-functioning rura...
- Kaivan Munshi Mark Rosenzweig
- 04 July, 2016
- Articles
How do rural roads affect development? Evidence from India
Despite broad consensus that high transportation costs are a large barrier to economic development, many of the world’s poor live in rural communities without paved roads, impeding their access to o...
- Paul Novosad
- 30 June, 2016
- IGC Research on India
Markups and capital misallocation: A trade-off? Evidence from the Indian manufacturing sector
Capital misallocation in India has continuously increased over the past two decades, despite extensive liberalisation. At the same time, the importance of financial frictions for the Indian economy ha...
- Simon Galle
- 30 June, 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