Budget 2022-23 and outlook for the Indian economy
Several commentators have lauded the recently presented Budget 2022-23 as a ‘growth budget’, on account of the large allocations made for capital expenditure on public infrastructure. On the other...
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Ashok Kotwal
Pronab Sen
03 March, 2022
- Videos
Assessing the credibility of sub-national budgets in India
The Covid-19 crisis has put immense pressure on the finances of Indian states. Fiscal consolidation in the post-pandemic period will depend on growth revival, increased fund flows, and efficient budge...
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Pratap Ranjan Jena
Abhishek Singh
10 November, 2021
- Perspectives
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.
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Bhaskar Dutta
09 February, 2021
- Perspectives
The challenge of identifying economic activities of firms
The reliability of India’s GDP estimates has been debated extensively. A key challenge in the construction of macro-aggregates lies in the proper identification of firms’ economic activities as fi...
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Radhika Pandey
Amey Sapre
Pramod Sinha
23 August, 2018
- Perspectives
Digital India Land Records Modernisation Programme: Assessing impact in Himachal Pradesh and Maharashtra
Government of India launched the National Land Records Modernisation Programme in 2008, with the aim of establishing a system of titles to ensure conclusive proof of land ownership. The programme was ...
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Sudha Narayanan
Prerna Prabhakar
Gausia Shaikh
Diya Uday
Bhargavi Zaveri
06 August, 2018
- Articles
The effect of place-based development policies: Evidence from Indian SEZs
Since the introduction of the Special Economic Zones (SEZ), Act in 2005, India has invested roughly 0.5% of its GDP annually into this programme. Using nighttime lights data and firm- and worker-level...
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Yeseul Hyun
Shree Ravi
18 July, 2018
- Articles
GST Explainer: Introduction
Seventeen years after its framework was formed, India’s biggest tax reform – the goods and services tax – was rolled out on 1 July 2017. Some consider the ‘one nation, one tax’ system to be ...
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Ashok Kotwal
30 June, 2018
- Explainers
GST: A ‘good and simple’ tax?
The Goods and Services Tax (GST) came into effect in India on 1 July 2017. Even as it is too early to judge the performance of GST relative to the system of indirect taxation it has replaced, Gaurav D...
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Gaurav Datt
18 June, 2018
- Perspectives
Labour market effects of workfare programmes: Evidence from MNREGA
India’s Mahatma Gandhi National Rural Employment Guarantee (MNREGA), the world’s largest workfare programme, provided employment to 51 million households in 2016. Assessing the impact of MNREGA on...
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Clément Imbert
27 April, 2018
- Articles
King Cash is back: Has informality increased?
Demonetisation and the introduction of goods and services tax were expected to accelerate the shift to formality in the economy. In this article, Renu Kohli contends that while currency in circulation...
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Renu Kohli
06 April, 2018
- Perspectives
Demand-side components of India’s GDP growth
As per the recently released first advance estimates of the Central Statistics Office, the real GDP growth for India is estimated at 6.5% in 2017-18, the slowest in the last four years. In this articl...
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Isha Gupta
03 April, 2018
- Perspectives
Jobless growth? From speculation to statistical analysis
This column investigates the relationship between economic growth and net job creation in India and South Asia. If economic growth was truly jobless, as is often claimed, labour productivity would be...
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Robert C M Beyer
Martin Rama
16 March, 2018
- Articles
Fostering social connections
This column describes an ongoing study that analyses data from Delhi’s labour-intensive garment factories to explore the relationship between trust among workers and productivity. Using the strength...
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Farzana Afridi
Amrita Dhillon
Sherry Xin Li
Swati Sharma
16 March, 2018
- Articles
Management practices and productivity in India
In this article, Bloom and Patnaik bring together research that analyses management practices of firms, and how they relate to firm productivity and performance. They highlight the importance of under...
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Nicholas Bloom
Megha Patnaik
15 March, 2018
- Articles
Impact of labour regulations on Indian manufacturing sector
In this article, Devashish Mitra discusses structural bottlenecks in the Indian manufacturing sector such as labour market regulations and recent policy changes that incentivise capital-intensive prod...
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Devashish Mitra
13 March, 2018
- 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
Covid-19: Macroeconomic implications for India
Due to the measures adopted to prevent the spread of the Coronavirus Disease 2019 (Covid-19), especially social distancing and lockdown, non-essential expenditures are being postponed. This is causing...
Rajeswari Sengupta
24 March, 2020
- Perspectives