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How cleaner cookstoves and fuels could benefit women’s health and the environment

With lesser access to financial resources and greater domestic responsibilities, women face the brunt of the climate change crisis. In particular, women are more affected by indoor air pollution caused by unclean cookstoves or fuel. In this post, Sharma and McDonough discuss evidence from research i...

  • Articles

Content Type: Articles
Topic: Human Development
Year: 2022

A signal to end child marriage: Evidence from Bangladesh

Child marriage remains common even where female schooling and employment opportunities have grown. Based on a field study in Bangladesh, this article seeks to experimentally evaluate the impact of a financial incentive to delay marriage alongside a girls’ empowerment programme. While girls eligibl...

  • Articles

Content Type: Articles
Topic: Social Identity
Year: 2022

Budget 2022-23 and outlook for the Indian economy

Several commentators have lauded the recently presented Budget 2022-23 as a ‘growth budget’, on account of the large allocations made for capital expenditure on public infrastructure. On the other hand, concerns have been expressed about the Budget’s potential to create jobs for the masses, al...

  • Podcasts

Content Type: Podcasts
Topic: Macroeconomics
Year: 2022

Budget 2022-23 and outlook for the Indian economy

Several commentators have lauded the recently presented Budget 2022-23 as a ‘growth budget’, on account of the large allocations made for capital expenditure on public infrastructure. On the other hand, concerns have been expressed about the Budget’s potential to create jobs for the masses, al...

  • Videos

Content Type: Videos
Topic: Macroeconomics
Year: 2022

Debt contract enforcement and product innovation

Weak enforcement of debt contracts can have undesirable consequences for financial development, as difficulty in recovering claims from distressed firms causes banks to reduce lending. Leveraging the staggered implementation of debt recovery tribunals across Indian states, this article shows that th...

  • Articles

Content Type: Articles
Topic: Productivity & Innovation
Year: 2022

Role of history in shaping India’s economic development

As India is now completing 75 years of Independence, two big questions loom over the conversation around India’s economic development: How successful was the Indian economy before and during colonial rule, as compared to the postcolonial period? What is the role of history – historical events, a...

  • Podcasts

Content Type: Podcasts
Topic: Miscellany
Year: 2022

Easing contracting frictions with machines: Evidence from Karnataka

Productivity-enhancing technology adoption in agriculture, which makes workers available for other economic sectors, has long been considered essential for economic development. Based on a field experiment among 7,000 farmers in Karnataka, this article shows that mechanisation lowers supervision nee...

  • Articles

Content Type: Articles
Topic: Agriculture
Year: 2022

How colonial is Indian law?

Critiques of the colonial rule in India and its legacy have been extended to law – with many allusions to the need to shake off the yoke of the colonial legacy. In this post, Roy and Swamy unpack the legacy of colonial rule in India on its present-day legal system, with a focus on three broad doma...

  • Perspectives

Content Type: Perspectives
Topic: Governance
Year: 2022

Budget and politics in pandemic times

Applying a political economy lens to the recently announced Budget 2022-23, Yamini Aiyar contends that the emphasis on capital expenditure over welfare in the two Budgets announced during the pandemic are a mere continuation of a shift in political narrative towards “market-friendly reforms” tha...

  • Perspectives

Content Type: Perspectives
Topic: Governance
Year: 2022

Budget 2022-23: Hits and misses

Outlining the hits and misses of the Budget 2022-23, Rajeswari Sengupta contends that the capital expenditure push by the government seems to be a step in the right direction, while the rationale behind the continued focus on protectionism is questionable. In her view, the Budget appeared to lack a ...

  • Perspectives

Content Type: Perspectives
Topic: Macroeconomics
Year: 2022

Budget 2022-23: Is public investment-led growth strategy desirable and credible?

The 2022-23 Budget has reiterated the government's commitment to boosting economic growth by seeking to increase public investment as a ratio of gross domestic product. In this context, R Nagaraj examines India’s current policy orientation and the outcomes of the recent investments in industry and...

  • Perspectives

Content Type: Perspectives
Topic: Macroeconomics
Year: 2022

Budget 2022-23: The elephants and the ostrich

Analysing India’s 2022-23 Union Budget, Neeraj Hatekar contends that MNREGA, the rural job guarantee programme that has not received additional funding vis-à-vis 2021-22 budget estimates, should be leveraged in dealing with the looming agriculture crisis. He also examines the deterioration of hea...

  • Perspectives

Content Type: Perspectives
Topic: Human Development
Year: 2022