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Posts by Pronab Sen

Why external sovereign debt should be avoided

The Finance Minister of India, in her 2019 Budget speech, announced the government’s intent to finance a part of the fiscal deficit by issuing sovereign bonds in the international financial markets....

  • Perspectives

‘न्याय’ विचार-गोष्ठी: राष्ट्रीय सामाजिक सहायता कार्यक्रम के विस्तार को प्राथमकिता

आइजीसी इंडिया के कंट्री डायरेक्टर डॉ. प्रोनाब सेन का तर्क है कि यह देखते हुए कि अधिकांश गरीबी उच्च निर्भरता अनुपातों के कारण हैं – पहली प्राथमिकता वर्तमान सामाजिक सुरक्षा का विस्तार होना चाहिए जिसमे ब...

  • दृष्टिकोण

NYAY e-Symposium: Prioritise expansion of National Social Assistance Programme

Dr Pronab Sen (Country Director, IGC India) argues that the first priority should be to expand existing social security, which covers the elderly, the handicapped, and widows – given the fact that m...

  • Perspectives

क्या कृषि ऋण की माफी इतनी बुरी है?

विभिन्न राज्य सरकारों द्वारा विभिन्न हदों तक कृषि ऋणों की माफी के आशय की घोषणाओं की मीडिया और अन्य टिप्पणीकारों द्वारा सख्त आलोचना की गई है। इस आलेख में डॉ. प्रनब सेन ने उन दावों की वैधता की जांच की ह...

  • दृष्टिकोण

What ails the Indian banking sector?

Non-performing assets (NPAs) of Indian banks have risen from under 3% to over 13% in the past couple of years, making the state of the banking sector one of the biggest challenges facing the country i...

  • Perspectives

The lad(y) doth protest too much, methinks

Former Finance Minister Yashwant Sinha has trashed the present government’s track record on economic management. In a recent article, economist Surjit Bhalla refuted Mr. Sinha’s claims with a poin...

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How much public debt is too little?

Virtually the entire literature on public debt is focussed on determining how much is too much, beyond which it becomes a systemic threat to the economy. In this article, Pronab Sen outlines some of t...

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Are farm loan waivers really so bad?

Recent announcements by various state governments of their intent to waive farm loans to varying extents have been strongly criticised by the media and other commentators. In this article, Dr Pronab S...

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When windmills tilt: The FRBM debate

In this article, Dr Pronab Sen presents his views on the ongoing debate on the Fiscal Responsibility and Budget Management Act.

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The puzzle of Indian urbanisation

The global experience has been that as countries develop, rural-to-urban migration accelerates, and decelerates only when the urbanisation level is very high – usually well over 50%. In contrast, m...

  • Perspectives

Picking up the pieces

In an earlier article , Pronab Sen, Country Director, IGC India Central, examined some of the economic consequences of the recent demonetisation of Rs. 1,000 and 500 notes in India, and concluded that...

  • Perspectives

Shock and oh damn

In this article, Pronab Sen, Country Director for the India Central Programme of the International Growth Centre, argues that India’s recent demonetisation has penalised virtually the entire informa...

  • Perspectives