Effect of food prices on inflation: Is monetary policy an effective tool?
With rising inflation becoming a global concern, Balakrishnan and Parameswaran discuss some explanations for the high inflation in India. They find that inflation was driven by a domestic rise in food...
- Pulapre Balakrishnan M. Parameswaran
- 19 July, 2023
- Articles
India’s debt dilemma
In the fifth article in the Ideas@IPF2023 series, Eichengreen, Gupta and Ahmed reveal how high levels of debt in India limit the resources available for other priorities. At the same time, they predic...
- Ayesha Ahmed Barry Eichengreen Poonam Gupta
- 17 July, 2023
- Perspectives
Budget 2024-25: A countercyclical approach to fiscal policy
Keynes propounded that fiscal policy should be countercyclical in nature – expansionary during recession and contractionary during periods of boom. In this post, Aakanksha Shrawan analyses India’s...
- Aakanksha Shrawan
- 26 March, 2024
- Perspectives
How to ease Covid-19 lockdown? Forward guidance using a multi-dimensional vulnerability index
While extending the nationwide Covid-19 lockdown for two more weeks starting 17 May 2020, the government has given major relaxations for public movement and economic activity in non-containment zones ...
- Jayanta Mandi Manisha Chakrabarty Subhankar Mukherjee
- 21 May, 2020
- Perspectives
Covid-19: Leading India effectively out of the lockdown
India is on the brink of coming out of its Covid-19 lockdown. In this post, Ghosh and Pal examine the challenges around the implementation of expert advice on effectively leading India out of the lock...
- Sugata Ghosh Sarmistha Pal
- 13 May, 2020
- Perspectives
Webinar: The new Coronavirus and the Indian economy
The Centre for Development Economics and Sustainability (CDES) and I4I are jointly hosting a webinar with Ashok Kotwal (Editor-in-Chief, I4I) on Monday, 18 May at 9.30 am IST. Prof. Kotwal will discus...
- I4I Team
- 13 May, 2020
- Perspectives
Covid-19: Getting fiscal policy right
The textbook answer to financing of additional government expenditure in a recession is that the government should borrow the funds rather than impose a tax. Gurbachan Singh argues that the convention...
- Gurbachan Singh
- 07 May, 2020
- Perspectives
Covid-19: Consequences for state finances
When Covid-19 pandemic started in India, given that health is a state subject, individual states reacted as best they could under state-level legislations. However, as more than 60% of all economic ac...
- Pronab Sen
- 04 May, 2020
- Perspectives
How costly are flawed government responses to Covid-19? An assessment of the migrant crisis
By March-end, countless migrant workers started fleeing India’s locked-up cities and trekking home to their villages amidst the Covid-19 crisis. Sarmistha Pal argues that government’s responses un...
- Sarmistha Pal
- 03 May, 2020
- Perspectives
Covid-19: Expected migrant movement as lockdown eases
Since the lockdown was announced in India, many migrants have undertaken the difficult journey to their place of origin. However, millions of them are still in cities, and some are expected to return ...
- Clément Imbert
- 01 May, 2020
- Perspectives
Covid-19: Health, macroeconomics, and trade
There is great uncertainty around the spread and eventual end of the Covid-19 pandemic, and the possibility of extended or intermittent lockdowns. Besides the immediate health crisis and loss of liv...
- Anirudh Shingal
- 30 April, 2020
- Articles
Is Covid-19 equally deadly across all states?
International experience suggests that the rates of fatality on account of Covid-19 vary across the world. In this post, Jain and Chatterjee seek to estimate the fatality rate of the pandemic in India...
- Tirtha Chatterjee Ritika Jain
- 28 April, 2020
- Perspectives
15th Finance Commission: Covid-19 warrants rethink of local government allocations
The 15th Finance Commission has made significant departures from the previous Central Finance Commissions in its recommendations for urban local governments, in its interim report for 2020-21. In this...
- Meera Mehta Dinesh Mehta
- 27 April, 2020
- Perspectives
Covid-19: Ashok Kotwal speaks with Pronab Sen
In conversation with Ashok Kotwal on the ongoing economic crisis caused by lockdown to mitigate Covid-19 spread, Pronab Sen breaks down the problem into survival of individuals and livelihoods, and th...
- Ashok Kotwal Pronab Sen
- 25 April, 2020
- Podcasts
Covid-19 and MSMEs: The ‘identification’ problem
A recent survey of 5,000 micro, small, and medium enterprises (MSMEs) found that 71% of them could not pay salaries to their workers in March 2020 due to the Covid-19 lockdown in India. The government...
- Radhika Pandey Amrita Pillai
- 20 April, 2020
- 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