09 February, 2021Budget 2021-22: A gender lens
Examining the 2021-22 union budget through a gender lens, Nalini Gulati discusses what the budget does – and does not do – for women in the Indian economy, particularly with respect to the digital...
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Nalini Gulati 
02 February, 2021
- 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...
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Maitreesh Ghatak Ashok Kotwal Bharat Ramaswami
- 14 August, 2020
- Perspectives
Firm formation in India: The last 40 years
Research shows that entrepreneurship or new firm formation can be an important driver of economic development. This article studies the extent of new firm formation in India over the last 40 years and...
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Rajeswari Sengupta Manish Singh
- 01 April, 2019
- Articles
Firm formation in India: The last 40 years
Research shows that entrepreneurship or new firm formation can be an important driver of economic development. This article studies the extent of new firm formation in India over the last 40 years and...
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Rajeswari Sengupta Manish Singh
- 01 April, 2019
- Articles
Everything you know about cross-country convergence is (now) wrong
A quarter-century after the empirical growth literature set out to explain why poor countries are not catching up with rich ones, cross-country regressions have mercifully gone out of fashion. In this...
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Dev Patel Justin Sandefur Arvind Subramanian
- 15 February, 2019
- Articles
Interim Budget 2019: Rising fiscal deficit in a 'booming' economy
In this article, Rajeswari Sengupta analyses various nuances of the recently announced Union Interim Budget, including the deviation from the targeted path of fiscal consolidation. In a world of Aadha...
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Rajeswari Sengupta
- 04 February, 2019
- Perspectives
How tax incentives influence household financial saving
Indian households tend to hold a high fraction of their wealth in non-financial assets such as real estate and gold. Tax policy has been used to incentivise saving in financial assets and encouraging ...
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Radhika Pandey Ila Patnaik Renuka Sane
- 28 January, 2019
- Articles
India’s national policy framework on e-commerce: Issues and concerns
In July 2018, India released a draft national policy framework on e-commerce among its stakeholders. The ensuing debate led to the government announcing a revised draft policy. In this post, Rahul Cho...
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Rahul Choudhury
- 12 November, 2018
- Perspectives
Nobel laureate Paul Romer’s contribution to endogenous growth theory
What motivates people like Steve Jobs to spend time, money, and effort in developing new ideas despite the implicit hazard that ideas can easily be copied later? In this post, Mausumi Das contends tha...
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Mausumi Das
- 24 October, 2018
- Perspectives
Demonetisation’s multiple failures
With 99.3% of banned currency returning to the banks, it is clear that demonetisation’s primary objective of nullifying ‘black money’ was not achieved. In this post, Dr Renu Kohli contends that ...
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Renu Kohli
- 12 October, 2018
- Perspectives
The missing profits of nations
Between 1985 and 2018, the global average statutory corporate tax rate fell by more than half. This article uses new macroeconomic data to argue that profit-shifting is a key driver of this decline. C...
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Thomas Tørsløv Ludvig Wier Gabriel Zucman
- 10 October, 2018
- Articles
The online marketplace as a source for price data
The Indian e-commerce industry is set to grow at over 30% over the next decade, potentially making the online market a repository of information related to some key parameters of the economy such as i...
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Ritwik Banerjee Nished Singhal Chetan Subramanian
- 05 October, 2018
- Articles
Discom losses: Should power tariffs be hiked?
India has accomplished its cherished dream of emerging as a power-surplus economy but the capability is yet to be complemented by efficient performance of power distribution companies, the majority of...
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Shobha Ahuja
- 03 October, 2018
- Perspectives
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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Vikas Dimble Nalini Gulati
- 14 September, 2018
- Perspectives
Community networks and the growth of private enterprise in China
China has witnessed the same degree of industrialisation in three decades as Europe did in two centuries – without the preconditions that are generally believed to be necessary for economic developm...
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Ruochen Dai Dilip Mookherjee Kaivan Munshi Xiaobo Zhang
- 31 August, 2018
- Articles
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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...
- Gurbachan Singh
- 29 February, 2016
- 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...
- Prachee Mishra Roopal Suhag
- 20 November, 2017
- Perspectives
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...
- Vikas Dimble Nalini Gulati
- 14 September, 2018
- Perspectives