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Covid-19: Curated content and resources

  • Perspectives

The Covid-19 shock: Learnings from the past, addressing the present - I

The Covid-19 pandemic and the containment measures adopted to check the spread of the disease, have caused an unprecedented economic crisis in India as well as the rest of the world. Further, India is...

  • Perspectives

Inflation targeting and capital flows

Current law in India mandates a review of the target inflation rate by 31 March 2021 for a five-year period. Several critics have called for abandoning the flexible inflation targeting regime altogeth...

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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...

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Inflation targeting and capital flows

Current law in India mandates a review of the target inflation rate by 31 March 2021 for a five-year period. Several critics have called for abandoning the flexible inflation targeting regime altogeth...

  • Perspectives

Land disputes in ‘Santhal Parganas’: Issues and solutions

Four of the six districts in Santhal Parganas division of Jharkhand have been classified as ‘aspirational districts’ by NITI Aayog. In this note, Karn Satyarthi describes the unique manner in whic...

  • Notes from the Field

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...

  • Perspectives

Covid-19 lockdown and migrant workers: Survey of vocational trainees from Bihar and Jharkhand

The nationwide lockdown in India hit migrant workers particularly hard and once travel restrictions were lifted, 11 million interstate migrants returned home. In this note, the authors present key fin...

  • Notes from the Field

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

Which jobs were ‘lost’ during India’s Covid-19 lockdowns? Evidence from online vacancy postings

Covid-19 and associated lockdowns across countries have had a devastating impact on the global economy and labour markets. In India, recent data show a historic economic contraction by 23.9% over the ...

  • Articles

Covid-19: Assessing fiscal position of government in first quarter of 2020-21

In this post, Pandey and Raju analyse the trends in the revenue, expenditure, and borrowings of the Government of India in the first quarter of 2020-21, based on data released by the Controller Genera...

  • Perspectives

Subsidies, merit goods, and fiscal space - II

In Part I of this two-part series, the authors presented their estimates of total budget subsidies, and their merit and non-merit components. In this part, they discuss the relationship between subsid...

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Subsidies, merit goods, and fiscal space - I

Mundle and Sikdar argue that rationalisation of the prevailing large volume of non-merit subsidies should constitute a major component of deep fiscal reforms in India. Doing so could free up the fisca...

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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...

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Covid-19: Assessing vulnerabilities faced by microenterprises

In India, where microenterprises form a crucial foundation for livelihoods and employment, the effects of the Covid-19 lockdown can potentially be significant. Based on the first wave of a dynamic, mu...

  • Notes from the Field

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Most Popular Macroeconomics Posts

Land in India: Market price vs. fundamental value

The Real Estate (Regulation and Development) Bill, 2015, is focused on protecting the few home buyers who can afford to buy homes but does not address the issue of high land prices, which is a very se...

  • Articles

Land records and titles in India

Land ownership is broadly determined by access to a land title, which protects the rights of the title-holder, and impacts livelihoods, and industrial, economic, and social growth. However, land title...

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Global financial crisis and India: A look at the decade gone by

The crisis that emerged in the US subprime mortgage market this month 10 years ago, not only engulfed the country’s financial system but the entire global economy. In this post, Vikas Dimble and Nal...

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