Tag Search: “growth”

Budget 2021-22: A passing grade

Assessing the 2021-22 Union Budget, Bhaskar Dutta argues that while there are several positive features, the overall thrust is disappointing because it does not address the needs of the poor.

  • Perspectives

Budget 2021-22: A macroeconomic overview

Providing a macroeconomic overview of the Union Budget 2021-22, Niranjan Rajadhyaksha and Sharmadha Srinivasan contend that it is based on realistic assumptions of nominal GDP growth, is reasonably ai...

  • Perspectives

Budget 2021-22: Over-reliance on infrastructure investment to spur growth?

Commenting on the strong infrastructure push in the 2021-22 Budget, Sarmistha Pal argues that an emphasis on investment in infrastructure may not necessarily bring India out of the current economic re...

  • Perspectives

An assessment of policy performance under the current regime

Commenting on the recent policy paper by Subramanian-Felman, Maitreesh Ghatak discusses why – looking at the same numbers – he would tend to be less generous in his grades for the performance of polic...

  • Perspectives

State of the Indian economy: Diagnosis and recommendations

Arvind Subramanian (India’s former Chief Economic Adviser) and Josh Felman (former IMF Resident Representative to India) have brought out a new policy paper, offering a diagnosis of the Indian economy...

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“New Welfarism”: Old wine, new bottles?

Commenting on the recent policy paper by Subramanian and Felman, R Nagaraj contends that the authors imaginative re-branding of the erstwhile ‘populist schemes’ as “New Welfarism of the Right” is an e...

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Import competition, formalisation, and role of contract workers

Given the recent expansion in the participation of developing countries in global trade, it is important to understand the role of trade in the composition of employment in these countries. Analysing ...

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Covid-19 crisis: Response should not undermine institutions

The unprecedented economic crisis triggered by the Covid-19 pandemic has resulted in calls for drastic actions on part of the government and RBI. In this post, Sengupta and Vardhan content that these ...

  • Perspectives

Aatmanirbhar Bharat: Foreign trade, capital flows, and India’s growth

The Atmanirbhar Bharat (self-reliant India) policy was announced by the central government, along with the economic package, as a response to the crisis triggered by the Covid-19 pandemic. In this pos...

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A ten-point programme for economic recovery

The Indian economy has been experiencing a slowdown in growth of GDP in general and investment in particular, with the Covid-19 crisis being the last (big) straw. In this post, Gurbachan Singh present...

  • Perspectives

What would make India’s growth sustainable?

Much of the discussion on the economic slowdown in India in recent years – as well as on the government’s measures to tackle the present economic crisis due to the Covid-19 lockdown – is focused on th...

  • Perspectives

The macroeconomic benefits of gender diversity

The persistent gap between female and male labour force participation comes at a significant economic cost. This article argues that because women and men complement each other in the production proce...

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