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Financial inclusion: Concepts, issues, and policies for India

The International Growth Centre recently brought out a synthesis paper (Singh 2017) that lays out the basic concepts surrounding financial inclusion, and reviews a wide range of IGC and other studies ...

  • Perspectives

Post demonetisation: Is digital finance in India's future?

Analysing RBI data from June 2017 – six months after demonetisation was announced on 9 November 2016 – Mukherjee and Wadhwa show that reliance on cash has reverted to pre-demonetisation levels, and th...

  • Perspectives

Assessing the effectiveness of active labour market programmes in developing countries

Job growth is a key policy concern across developing countries and there are been an increased interest in the role of active labour market programmes that provide vocational training to job-seekers, ...

  • Perspectives

Straw men in the debate on basic income versus targeting

A universal basic income as a poverty-reduction policy is often contrasted unfavourably with targeted transfers. In this article, Martin Ravallion argues that five of the common arguments employed ag...

  • Perspectives

Are India's government-subsidised solar shops thriving or barely surviving?

Government of India’s Akshay Urja programme sought to support the establishment of at least one shop per district for the sale of subsidised solar-powered technologies. Based on a survey of shop owner...

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Governance and public service delivery in India

The International Growth Centre recently produced a synthesis paper (Afridi 2017) bringing together insights from its research on governance and public service delivery in India, over the past seven y...

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Demonetisation, cattle slaughter ban, and India's cyclical agrarian crisis

In this article, Parag Waknis discusses why India’s rural economy is always on the precipice of crisis, and how the recent shocks of demonetisation and cattle slaughter ban exacerbated the crisis by d...

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What does the new IIP series tell us about the state of manufacturing in India?

In May 2017, the Central Statistics Office released the new series of the Index of Industrial Production with 2011-12 as the base year, after a comprehensive revision of computation methods. The serie...

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Midday meals scheme: Are corruption claims exaggerated?

Soon after Aadhaar was made compulsory for availing midday meals in schools, the government claimed that the move had helped expose several instances of schools siphoning off funds under the scheme by...

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Health policy and economic growth in India

A new synthesis paper (Menon 2017) produced by the International Growth Centre brings together evidence from various health-related IGC studies on India undertaken over the past seven years, to draw i...

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The economic and political consequences of India's demonetisation

The ruling party at the centre won the Uttar Pradesh state election despite its demonetisation policy having some negative economic impacts on the Indian economy. By combining primary data from survey...

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Star power: Rating industries in Maharashtra by emission levels

Maharashtra Pollution Control Board recently launched a programme to rate industries based on their emission levels – the first such initiative by a government regulator. An easy and accessible way t...

  • Perspectives