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Of twists and turns: Monetary policy and ‘term premium’

As India’s economic growth slowed down in recent years, the reliance on monetary policy to stimulate growth increased significantly – especially during the pandemic. Analysing data from 2018-2020, Raj...

  • Perspectives

International Women’s Day 2021

8 March is observed across the world as International Women’s Day. This year the theme is “choose to challenge”, focussing on the choice to challenge gender bias and inequality, celebrate women’s achi...

  • Perspectives

In-kind transfers as insurance

Academics and policymakers worldwide are leading the push towards unconditional cash as the preferred mode of transfer from the government to the poor. Yet surveys across countries find that large pro...

  • Articles

बजट 2021-22: राजनीतिक अर्थव्यवस्था के परिप्रेक्ष्य में

वर्ष 2021-22 के केंद्रीय बजट को एक राजनीतिक अर्थव्यवस्था के दृष्टिकोण से जांचते हुए यामिनी अय्यर कहती हैं कि भारत सरकार द्वारा चुने गए नीतिगत विकल्प यह दर्शाते हैं कि सरकार का झुकाव वित्‍तीय संसाधनों ...

  • दृष्टिकोण

‘Outside’ managers’ productivity, firm dynamics, and economy growth

In developed countries, many industrial giants have humble beginnings as small, family-owned businesses, but nonetheless expand to hundreds of thousands of employees over time by relying on professio...

  • Articles

Budget 2021-22: Healthcare takes centre stage, again

Assessing the 2021-22 Union Budget from a health-sector perspective, Coffey and Spears contend that improving India’s health outcomes will require old solutions to old problems – and this sort of thin...

  • Perspectives

बजट 2021-22: लिंग आधारित नजरिए से

2021-22 के केंद्रीय बजट को लिंग आधारित नजरिए से परखते हुए नलिनी गुलाटी ने इस बात पर चर्चा की है कि इस बजट में भारतीय अर्थव्यवस्था में महिलाओं के लिए विशेष रूप से डिजिटल पुश, सार्वजनिक परिवहन, अन्य सार...

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Covid-19 and other diseases: An ‘Animal Farm’ perspective

Debraj Ray and S Subramanian contend that despite the apparent sentiment of ‘we are all in this together’, the global burdens of Covid-19 and the global benefits of anti-Covid-19 policy have been skew...

  • Perspectives

Budget 2021-22: Case for a ‘bad bank’

A key announcement in the 2021-22 Union Budget is the formation of a ‘bad bank’, to better manage the problem of non-performing assets in the financial services ecosystem. In this post, Ananth Naraya...

  • Perspectives

Regionalist party representation and tribal insecurity

Observers have long been ambivalent about regionalism as a principle underlying the organisation of politics. Analysing data from India, this article shows that when regionalist parties win elections,...

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Budget 2021-22: Agriculture, procurement, and food security

Discussing agriculture, procurement, and food security in the context of the 2021-22 Budget, Hussain and Mohapatra contend that reforms affecting millions of farmers can only be achieved by preparing ...

  • Perspectives

बजट 2021-22: एक औसत बजट

वर्ष 2021-22 के केंद्रीय बजट का आकलन करते हुए भास्कर दत्ता यह तर्क देते हैं कि भले इस बजट में कई सकारात्मक पहलू भी हैं परंतु यह कुल मिलाकर निराशाजनक है क्योंकि इसमें गरीबों की जरूरतों को पूरा करने पर ...

  • दृष्टिकोण