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Areendam Chanda
Areendam Chanda is Associate Professor of Economics at Louisiana State University, Baton Rouge. His research concentrates on topics such as long-term economic growth and comparative economic development, regional economic growth, consumption and savings, and economic growth in India. Most recently, he has conducted research on India’s demonetisation and regional convergence in India. He also serves as a General Co-editor of Economic Inquiry and as an Associate Editor for Economic Modelling. He received his Ph.D. from Brown University, Providence.
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Evaluating the Performance of the Kisan Credit Card Scheme in Bihar
The Kisan Credit Card (KCC) Scheme was introduced in India in 1998-99 has since become a flagship programme providing access to short-term credit in the agricultural sector. According to the Government of India, over a 100 million cards had been issued cumulatively by March 2011. Using data from 2004-05 to 2009-10, this project critically examined the determinants of KCC lending across states in India and districts in Bihar.
Bihar Growth in the Context of Modern Growth Theory
India’s second most populous state, Bihar, also remains one of its poorest. This project conducts a longer-term investigation into Bihar’s relatively poor productivity. It surveys the important contributions to growth theory as applied to the state.
Why is Maharashtra's average income five times that of Bihar?
Income gaps among Indian states are large, persistent and increasing over time. Differences in technology and efficiency in production processes have been found to be the primary explanation for income gaps across countries. Does the same apply to Indian states? This column attempts to answer this question, with a particular focus on Bihar – the state with the lowest average income in the country.