Economic development of Punjab: Prospects and policies
While the north Indian state of Punjab topped per-capita income rankings within the country until year 2000, its position fell consistently thereafter. This article discusses the current state of Punj...
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Lakhwinder Singh
Nirvikar Singh
Prakarsh Singh
17 July, 2024
- Perspectives
Food, fuel, and facts: Distributional effects of global price shocks
The recent upsurge in global prices of essential commodities of food and fuel, warrants an analysis of the distributional ramifications, especially within developing economies. This article examines I...
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Saroj Bhattarai
Arpita Chatterjee
Gautham Udapa
20 June, 2024
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What will it take for the Indian economy to break out of the lower-middle-income bracket?
In 2007, India moved from the low-income to lower-middle-income category, as per the World Bank’s classification of countries by income. With clear aspirations to graduate into the higher brackets o...
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Vikas Dimble
Nalini Gulati
12 June, 2024
- Perspectives
Union Budget 2020: Preference for infra spending, divestment, and directing resources to middle class
Finance Minister Nirmala Sitharaman presented the Union Budget for 2020-21 on 1st February – at a time when economy is facing an economic slowdown. In this post, Niranjan Rajadhyaksha contends that ...
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Niranjan Rajadhyaksha
03 February, 2020
- Perspectives
Fiscal policy and economic activity in South Asia
The Indian economy is currently experiencing a sharp slowdown, and the government has reacted with corporate tax cuts and a large infrastructure initiative. Using annual data from 1987-2017 for six So...
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Robert C M Beyer
Lazar Milivojevic
31 January, 2020
- Articles
Taxation and supplier networks: Evidence from India
Do tax systems distort firm-to-firm trade? This article considers the effect of tax policy on supplier networks in the state of West Bengal in India. It finds that on average, firms buy 12% more from ...
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Lucie Gadenne
Tushar Nandi
Roland Rathelot
18 December, 2019
- Articles
How India’s growth bubble fizzled out
India’s GDP growth has slowed sharply from 8% per annum last year to 5% in the second quarter this year. In this post, Ashoka Mody contends that the ongoing slowdown is not a short-term disruption; ...
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Ashoka Mody
22 November, 2019
- Perspectives
The need for a total overhaul of the GST regime
The Goods and Services Tax (GST) Council met in Goa in September 2019 to find a way to boost the weakening Indian economy. The Council recommended reductions in GST rates for certain categories of goo...
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Abheek Barman
20 November, 2019
- Perspectives
Should low-income countries open up to foreign capital? The India experiment
In 2001 and 2006, India introduced the automatic approval of foreign direct investments of up to 51% of domestic firms’ equity to industries in which foreign investment was initially restricted. Thi...
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Natalie Bau
Adrien Matray
08 November, 2019
- Articles
Does the current economic slowdown warrant a fiscal boost?
The Indian economy is going through an economic slowdown. Several economists have made a case for an expansionary fiscal policy to deal with the slowdown. In this post, Gurbachan Singh argues that it ...
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Gurbachan Singh
04 November, 2019
- Perspectives
Tapping the revenue potential of property tax in India
Property tax, levied on ownership of any real property, is a significant source of revenue for city-level municipal governments in India. However, revenue collections from it are quite low as it is po...
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Soumyadip Chattopadhyay
Arjun Kumar
23 October, 2019
- Perspectives
Cash and the economy: Evidence from India’s demonetisation
‘Demonetisation’ announced in India in December 2016 made 86% of cash in circulation illegal tender overnight, with new notes gradually introduced over the next several months. This article combin...
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Gabriel Chodorow-Reich
18 October, 2019
- Articles
What should we do about the Indian economy? A wide-angled perspective - IV
In the previous part of this series, Ashok Kotwal and Pronab Sen traced the genesis of the present economic slowdown. In this part, they discuss the way forward to arrest the slowdown. They suggest a ...
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Ashok Kotwal
Pronab Sen
29 September, 2019
- Perspectives
What should we do about the Indian economy? A wide-angled perspective - III
In the previous part of this series, Ashok Kotwal and Pronab Sen presented an export-led development strategy employed by successful Asian countries and why India failed on this front. In this part, t...
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Ashok Kotwal
Pronab Sen
29 September, 2019
- Perspectives
What should we do about the Indian economy? A wide-angled perspective - II
In the previous part of this series, Ashok Kotwal and Pronab Sen described the generic process of development in a dual economy. In this part, they present the strategies employed by successful Asian ...
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Ashok Kotwal
Pronab Sen
28 September, 2019
- Perspectives
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Tweets by Ideas4IndiaMost 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...
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
West Bengal’s economic performance relative to India over the last three decades
Against the backdrop of the ongoing elections in West Bengal, Maitreesh Ghatak examines how the state’s economic performance compares with that of the country as a whole, over the past three decades...
Maitreesh Ghatak
01 May, 2021
- Articles