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Tag Search: “firms”

Two views on the Budget

The Modi government’s first Budget has received a mixed response. Eswar Prasad and Bharat Ramaswami present two distinct views on the Budget. While Prasad is of the opinion that the Budget hits the r...

  • Perspectives

Reversing premature de-industrialisation in India

In countries across the world, de-industrialisation is taking place earlier in the development process. This column analyses how India fares in this regard. It finds that for most Indian states, the ...

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India's power sector reforms: Who reaped the benefits?

The cornerstone of India´s power sector reforms is the 2003 National Electricity Act that limited state intervention in the power sector. This column analyses the effects of the Act on Indian manufac...

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The costs of employment protection

Restrictive labour laws govern the formal sector in India, whereas the informal sector is virtually unregulated. This column analyses the impact of reforms pertaining to employment protection legisla...

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The puzzle of declining labour intensity in organised Indian manufacturing

It is surprising to note that labour intensity in the organised manufacturing sector in India, particularly in industries with greater labour requirements, has shown a sustained decline over the past...

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What makes cities more competitive in India?

Policymakers in both developed and developing countries want to make cities more competitive, attract new entrepreneurs, boost economic growth, and promote job creation. This column shows that the two...

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Can SMEs drive India's growth?

Investment, particularly by the corporate sector in India, drove high growth rates during 2003-2009. Given the expected slow and weak recovery of the global economy, Indian corporates are unlikely to...

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The crisis in Indian manufacturing

Manufacturing sector growth in India has fallen from over 9% to a dismal 1% in the past couple of years. This article discusses the factors that have caused a slowdown in organised and unorganised ma...

  • Perspectives

Exchange rate movements and Indian firms' exports

Understanding the effects of exchange-rate changes on a country’s trade balance calls for an analysis of how exchange-rate fluctuations affect the decisions of individual firms. This column explores ...

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Who creates jobs?

With millions of young people entering the labour market each year, the big question is whether there will be enough jobs for them. But who actually creates these jobs? This column looks at data from...

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Bad management: A constraint on economic development?

Are poor management practices holding back middle-income countries? This column looks at the evidence for private firms and public organisations in manufacturing, retail, healthcare and education in I...

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The Golden Quadrilateral: Highway to success

The Golden Quadrilateral, which connects four major cities in India, is the fifth-longest highway in the world. This column presents research that finds that by improving connectivity, the highway ha...

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