17 July, 2024Food, 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
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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
Growth, well-being and distribution in India in the last decade – I
As India gets ready to vote in the general election, Balakrishnan and Parameswaran present a comprehensive, evidence-based review of the performance of the Indian economy over the past decade. In the ...
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Pulapre Balakrishnan M. Parameswaran
- 20 March, 2024
- Perspectives
Responding to external shocks
Following the global financial crisis of 2007-08, the Indian economy was exposed to various shocks. While the major source of shocks was external, the effects were magnified by certain lapses in dome...
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Ashima Goyal
- 30 April, 2015
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Analysing net foreign earnings of India's corporate sector
The corporate sector is the linchpin of the ‘Make in India’ campaign. This column finds that the sector is increasingly relying on imported inputs and its net foreign earnings are on the decline,...
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J. Dennis Rajakumar
- 22 April, 2015
- Articles
How serious are India's manufacturing skill gaps?
It is widely believed that skill gaps are constraining Indian manufacturing, and closing these gaps has become a national priority. This column argues that the public debate on India’s skill gaps r...
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Aashish Mehta
- 13 April, 2015
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Land acquisition debate: The price is not right
The central government’s move to amend the 2013 land acquisition Act has come under criticism for being ‘anti-farmer’. In this article, Maitreesh Ghatak and Parikshit Ghosh argue that while the...
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Maitreesh Ghatak Parikshit Ghosh
- 31 March, 2015
- Perspectives
Rapid Response Project on Indian Firm Data
In March 2015, IGC organised a Workshop on Industry Data, held in Delhi. The workshop provided an opportunity for academics, policy makers and government agencies to discuss difficulties they face wit...
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Samuel Asher Paul Novosad
- 31 March, 2015
- IGC Research on India
Why do so few women in India work?
Only about a third of working-age women in India have jobs. This column analyses the determinants of women’s participation in the labour market in India and finds that factors such as family income...
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Piritta Sorsa
- 27 March, 2015
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Transit networks and regional development in India
Recent research illustrates the immediate positive effects of transit networks in India on rural employment, manufacturing growth and so on. This column focuses on the long-term impact of national hi...
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Gaurav Khanna
- 26 March, 2015
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Will India really grow faster than China?
According to the IMF, India will overtake China to be the fastest growing economy this year. In this article, Chetan Ghate and Peter Robertson assess the validity of this claim. In their view, the ch...
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Chetan Ghate Peter Robertson
- 23 March, 2015
- Perspectives
The nuances of inflation targeting in India
How prepared is India for inflation targeting? This column suggests that the larger weight assigned by the RBI to tackling inflation over the years, relative to other policy objectives such as stabil...
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Abhijit Sen Gupta Rajeswari Sengupta
- 16 March, 2015
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Why India needs unemployment insurance
The central government is contemplating reform of labour laws, including those that restrict the ability of firms to fire workers. This column contends that social protection needs to be kept in mind...
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Priya Ranjan
- 11 March, 2015
- Articles
The 2015-16 Union budget and India's growth
The 2015-16 Union budget – the first full-year budget of the new government – was presented last week. In this article, Nirvikar Singh, Professor of Economics at the University of California Sant...
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Nirvikar Singh
- 04 March, 2015
- Perspectives
Evaluating the risks of inflation targeting in India
The adoption of flexible inflation targeting by the Indian government and RBI is a landmark change in the country’s monetary policy. In this article, Renu Kohli - a macroeconomic policy specialist ...
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Renu Kohli
- 03 March, 2015
- Perspectives
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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