Tag Search: “firms”

The challenge of job creation

The process of economic transformation that entails labour transitioning from low- to high-productivity activities, been much slower in India than in other Asian countries like China. Why is this so ...

  • Perspectives

Is small beautiful? A critical evaluation of MSME policy and performance in India

Micro, small and medium enterprises (MSMEs) have significance in a labour-abundant country like India, and various policies are in place to promote the sector. Analysing MSME data from various sources...

  • Articles

Structural transformation and spillovers from ‘Industrial Areas’

A defining feature of economic development is the reallocation of labour from subsistence agriculture to manufacturing. To shed light on this process, this column analyses Karnataka’s Industrial Areas...

  • Articles

Facilitating foreign investment in rupee-denominated debt

On 22 September 2017, the RBI notified that rupee-denominated offshore bonds – popularly known as ‘masala bonds’ – will no longer form part of the limit for investment in corporate bonds by foreign po...

  • Perspectives

Doing Business in India: Myths and realities

Ahead of the global release of the 2018 edition of the World Bank Doing Business rankings, this column compares data from firm-level surveys conducted by the Bank and the IDFC Institute-NITI Aayog wi...

  • Articles

Facilitating investment in organic food business through the right policies

The Indian government has undertaken several policy initiatives to promote organic farming and organic food exports, and many domestic and foreign companies have responded positively to these measure...

  • Articles

Draft social security code: Will it help informal workers?

Labour law reform is considered as a key requirement for creation of new jobs as well as greater formalisation of existing jobs in India. In March this year, the Ministry of Labour and Employment brou...

  • Perspectives

Stock market participation in the aftermath of an accounting scandal

An emerging literature shows that exposure of fraud in the corporate sector leads to a fall in trust on part of households and decline in their stock market participation. Analysing data on daily inv...

  • Articles

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...

  • Articles

The Study of the Food Processing Industry in Bihar

The aim of the project is to understand the driving force for industrial development in the food processing sector in Bihar. The findings of the study revealed that development in food processing in B...

  • IGC Research on India

Impact of disinvestment policy on public sector enterprises in India

To address operational inefficiencies in PSEs without comprising on their social objectives, disinvestment policy is often used. However, there are concerns regarding the extent of impact on firm per...

  • Articles

Tax, lies, and red tape

Weak institutional environments in poor countries may lead to lower tax compliance by firms. This may be especially true for family firms, whose owners have higher stakes in the firm and longer horizo...

  • IGC Research on India