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
Long term recovery of the Indian economy depends on reforms
The Indian economy has been facing challenges in the form of sluggish growth, high inflation, and rising fiscal and current account deficits. This column highlights trends in the economic conditions,...
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Sarah Chan
24 April, 2013
- Articles
Why India should not further delay a credit line from the IMF
India is expected to run a current account deficit of more than 4% of its GDP this year. At the moment this can be paid for with money coming in from abroad – but what if the flow of money were to ...
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Gurbachan Singh
03 April, 2013
- Articles
The push and pull of skilling
Vocational training has been centre-stage in policy discussions in India over the past decade. This article discusses the perspectives of and dissatisfaction among the four groups of stakeholders in s...
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Madhav Chavan
22 March, 2013
- Notes from the Field
What do Indian CEOs do?
While the Indian manufacturing sector has experienced rapid growth since the early 1990s, it is characterised by large productivity differences across firms and presence of several low productivity f...
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Oriana Bandiera
15 March, 2013
- Articles
Property rights and technology transfer: Evidence from developing countries
The transfer of technology to poorer countries is essential for development. This column asks how this process is affected by intellectual property rights and whether the data can provide some policy ...
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Sunil Kanwar
01 March, 2013
- Articles
Foreign investors under stress: Evidence at the firm level
Emerging market policymakers have been concerned about the financial stability implications of financial globalisation. These concerns are focussed particularly on behaviour under stressed conditions.
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Ila Patnaik
Ajay Shah
Nirvikar Singh
01 March, 2013
- IGC Research on India
Commodity Taxation in India
This project examine cross‐country comparisons on commodity taxation in Bihar for 1994‐2012. The findings of the project suggested that the VAT reforms went a long way to harmonizing r...
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Monica Singhal
28 February, 2013
- IGC Research on India
Why Nations Fail: And why India and China don’t fit the story
‘Why Nations Fail’ by Daron Acemoglu and James Robinson is becoming a must-read for development economists. But this column argues that the central thesis of the book fails to explain two big deve...
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Arvind Subramanian
01 February, 2013
- Articles
Like parent, like child: Health transmission in developing countries
To what extent is children’s health determined by their mothers’ health? This column analyses three decades’ worth of data on over two million children across 38 developing countries to explore ...
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Sonia Bhalotra
28 January, 2013
- Articles
Capital controls in India: Did they work?
Are capital controls the right way to manage an economy? This column looks at what we can learn from India’s experience, where capital controls have never been fully dismantled.
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Ila Patnaik
Ajay Shah
21 January, 2013
- Articles
How to motivate India's community workers?
People who work on-the-ground are essential to India’s development effort. But how to get these teachers, health workers and so on to work hard when money is tight? This column argues that there are...
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Nava Ashraf
04 January, 2013
- Articles
Understanding India's monetary policy
From the outside looking in, it may seem that India’s central bank is making up its own rules, making it difficult to predict the next movements in the interest rate. This column argues that the cen...
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Rajeswari Sengupta
Nirvikar Singh
21 December, 2012
- 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