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John Nash and modern economic theory

In a tribute to John Nash, Parikshit Ghosh, Associate Professor at Delhi School of Economics, outlines the revolutionary contributions of the late Nobel laureate to economic thought.

  • Perspectives

Private investment and income disparity across Indian states

Liberalisation reforms in India in the 1990s offered private investors the freedom to choose their investment location in the country. This column finds that income disparity across low-income states...

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The labour reforms debate: Broadening horizons

Even as the government has indicated that it plans to go slow on labour reforms and build consensus among all stakeholders, trade unions are protesting against “anti-labour” reforms. In this article,...

  • Perspectives

Barriers to basic banking in India

The Indian government is promoting the Jan Dhan Yojana, Aadhaar and mobile banking – or the “JAM trinity” — as the pathway to financial inclusion. But are banks capable or even willing take on their ...

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Rising school enrolment, plunging test scores

Since India made eight years of education compulsory, the number of 6-14 year olds going to school has grown by almost two million. Analysing data from (undivided) Andhra Pradesh, this column finds t...

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Where is India's growth story headed?

The global financial crisis and domestic policy paralysis led to a decline in firms’ investment activities and investors’ business confidence in India. Could this have affected the economy’s long-ter...

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Assessing the economic effects of India 'Looking East'

PM Modi recently said that India needs to move from ‘Look East’ to ‘Act East’ and that this is a key component of his government’s foreign policy. In this article, Ganeshan Wignaraja, an economist at...

  • Perspectives

How development affects climate sensitivity of electricity demand in India

The annual average temperature in India in 2009 was about 0.91°C above the average temperature recorded during the 1961-1990 period. This column analyses the impact of daily weather as well as long-t...

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Clicks and editorial decisions: How does popularity shape online news coverage?

Identifying whether newspaper editors focus on what is ‘newsworthy’ or what is ‘trendy’ when choosing stories is important for the design of media regulation. This column shows how the popularity of ...

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Impact of American FDI in India

The United States is one of India’s largest trade and investment partners. This column discusses the impact of American FDI in India in terms of direct effects such as job creation, exports and techn...

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Encouraging household investment in sanitation

While the detrimental effects of poor sanitation are widely known, there is disagreement about the key barriers to expanding improved sanitation coverage. This column presents results from a field ex...

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Incentivising states to conserve forests

Central tax revenues will now be shared among states not just on the basis of population, area, and income, but also forest cover. In this article, Jonah Busch, an environmental economist at the Cent...

  • Perspectives