11 April, 2025The growing burden of state subsidies
Delivery of welfare benefits to citizens by state governments in India often takes the form of subsidies. Analysing budgetary data from seven Indian states for the period between 2018-19 and 2022-23, ...
-
Kishan Narayan 
17 March, 2025
- Articles
High public debt in India: 9 stylised facts
The Covid-induced surge in public debt in India was unique compared to its own history, but also bigger and driven by different factors relative to the average emerging market economy. In this post, M...
-
Prachi Mishra Nikhil Patel
- 20 December, 2024
- Perspectives
Uneven resilience: Why some emerging markets better navigate US monetary policy cycles
As the US dollar and monetary policy continue to have a significant impact on global financial dynamics, some emerging markets are observed to be more resilient than others to the policy cycles. Analy...
-
Joshua Aizenman Donghyun Park Irfan Qureshi Jamel Saadaoui Gazi Salah Uddin
- 30 September, 2024
- Articles
Household savings and India's current account deficit
India’s current account deficit widened consistently in the post-crisis period between 2008-09 and 2012-13. This column finds that while the public sector was the key driver of this trend in the fi...
-
Nikhil Gupta
- 25 September, 2015
- Articles
The rolling global crisis and India
We are in the midst of a global growth crisis that began in 2007. In this article, Ashoka Mody, Professor of International Economic Policy at Princeton University, contends that the pervasive global ...
-
Ashoka Mody
- 07 September, 2015
- Perspectives
Has the recession which began in 2012 ended?
The high growth rates visible in the new GDP data suggest that the recession which began in the first quarter of 2012 has now ended. Based on analysis of data on firms, investment and Balance of Paym...
-
Ajay Shah
- 04 September, 2015
- Articles
India's monetary policy in unusual times, uncharted waters
There is a lot of discussion of the right course of monetary policy for India. In this article, India’s Chief Economic Adviser Arvind Subramanian argues that the country’s real policy interest ra...
-
Arvind Subramanian
- 26 August, 2015
- Perspectives
Road to riches: An evaluation of India's rural road programme
Access to roads is believed to be essential for economic growth and poverty alleviation. This column evaluates the short-term impact of Pradhan Mantri Gram Sadak Yojana – India’s flagship rural r...
-
Shilpa Aggarwal
- 19 August, 2015
- Articles
India's Monetary Policy Committee: Formation blues
The government and RBI are in the process of finalising the structure of India’s Monetary Policy Committee. In this article, Amartya Lahiri, Professor of Economics at the University of British Colu...
-
Amartya Lahiri
- 10 August, 2015
- Perspectives
Political distortions in the Indian electricity sector
While political interference is believed to be a major problem plaguing the electricity sector in India, there is little empirical evidence on the existence of political distortions or on their econo...
-
Thushyanthan Baskaran Brian Min Yogesh Uppal
- 03 August, 2015
- Articles
Land acquisition Act: Addressing both justice and prosperity
The Modi government’s land acquisition ordinance did away with the consent and social impact assessment requirements for private projects in certain sectors under UPA’s 2013 land Act. In this art...
-
Maitreesh Ghatak Parikshit Ghosh
- 29 July, 2015
- Perspectives
How interest rates affect financial decisions of Indian households
RBI has cut interest rates three times this year so far. While rate cuts are welcomed by the Indian corporate sector, their impact on households is less discussed. This column analyses the relationsh...
-
Nikhil Gupta
- 17 July, 2015
- Articles
India's macroeconomic outlook: Is uncertainty the new paradigm?
The provisional growth estimate for India for 2014-15 is 7.3%, higher than 6.9% growth in 2013-14. In this article, Bornali Bhandari – a Fellow at the National Council of Applied Economic Research ...
-
Bornali Bhandari
- 16 July, 2015
- Perspectives
Rise of informality in India's tradable manufacturing sector
The vast informal sector in India affects everything from poverty to growth. This column presents new facts on how Indian job growth in manufacturing is concentrated in informal tradable industries, ...
-
Ejaz Ghani William Kerr Alex Segura
- 13 July, 2015
- Articles
Land acquisition, industrialisation, and displaced households
Does industrialisation on acquired land benefit those displaced? Evaluating the long-term livelihood effects of the first Special Economic Zone in the state of West Bengal, this column finds that the...
-
Saumik Paul Vengadeshvaran J. Sarma
- 01 July, 2015
- Articles
Twitter feed
Tweets by Ideas4IndiaMost 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...
- 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