Pre-election Budget 2023-24: Short on extravagance, long on substance
The Union Budget presented earlier this month was the last full-year budget before next year's general elections. Rajat Kathuria looks back to India's economic performance in 2014 and suggests that th...
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Rajat Kathuria
22 February, 2023
- Perspectives
Budget 2023-24: Fiscally conservative but lacking economic strategy
The Indian economy’s recovery from the Covid-19 pandemic has not been all good news: employment creation has stagnated, and government capex allocation has not been successful in generating private ...
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Rajeswari Sengupta
27 February, 2023
- Perspectives
Budget 2023-24: Some good and no harm
Following the budget speech, Deepak Mishra weighs in on the extent to which the three goals of higher growth, better distribution, and stability were met. He discusses the Finance Minister’s success...
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Deepak Mishra
03 February, 2023
- Perspectives
Production responses and tax evasion with limited State capacity: Evidence from major reform in India
Although VAT eliminates the double taxation of inputs of the retail sales system, which enhances growth, it may increase the number of firms in the informal sector. This makes it very important, from ...
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David Agrawal
Laura Zimmermann
31 October, 2017
- IGC Research on India
Production Responses and Tax Evasion with Limited State Capacity - Evidence from Major Reform in India
This project explores: what is the effect of switching from a retail sales tax to a VAT in a country with limited tax capacity and a large informal economy? The project explores this question through...
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David Agrawal
Laura Zimmermann
31 October, 2017
- IGC Research on India
GST Explainer: Value Added Tax 2.0
Aprajit Mahajan (UC Berkeley) and Shekhar Mittal (UCLA) outline some features of the GST that attempt to address the challenges of implementing a VAT system in India
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Aprajit Mahajan
Shekhar Mittal
17 October, 2017
- Perspectives
GST Explainer: A legal scholar’s view
Arvind Datar, Senior Advocate and reputable legal scholar responds to the questions on GST posed in the introduction of this explainer.
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Arvind P. Datar
17 October, 2017
- Perspectives
GST Explainer: A public finance expert’s view
Kavita Rao, Professor, National Institute of Public Finance and Policy, responds to the questions on GST posed in the introduction of this explainer.
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Kavita Rao
16 October, 2017
- Perspectives
The lad(y) doth protest too much, methinks
Former Finance Minister Yashwant Sinha has trashed the present government’s track record on economic management. In a recent article, economist Surjit Bhalla refuted Mr. Sinha’s claims with a poin...
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Pronab Sen
13 October, 2017
- Perspectives
India’s GDP: Deflating the right way
A non-ending debate on the GDP growth numbers brought out by the Central Statistics Office has been doing the rounds. In light of the mismatch between recent trends in the growth rate and an array of ...
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Jyoti Sharma
12 October, 2017
- Articles
Inflation targeting: Should RBI revisit its inflation anchor?
Ever since the RBI switched to flexible inflation targeting with headline Consumer Price Index as the inflation anchor, inflation has witnessed a dramatic collapse. In this article, Renu Kohli contend...
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Renu Kohli
09 October, 2017
- Perspectives
Impact of community mobilisation on land rights governance
Homestead land rights, that is, the security a household enjoys over the plot of land on which its dwelling is built, shape livelihoods and living standards for poor and marginalised populations in ru...
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Sanjay Kumar
Andre Nickow
05 October, 2017
- Articles
Purchasing power parity: Some concerns
In this article, Dr Gurbachan Singh discusses how it may be problematic to make international comparisons using PPP that is based on observed prices, and why effective prices should be used instead.
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Gurbachan Singh
04 October, 2017
- Articles
Stock market participation in the aftermath of an accounting scandal
An emerging literature shows that exposure of fraud in the corporate sector leads to a fall in trust on part of households and decline in their stock market participation. Analysing data on daily inv...
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Renuka Sane
30 August, 2017
- Articles
Assessing the effectiveness of active labour market programmes in developing countries
Job growth is a key policy concern across developing countries and there are been an increased interest in the role of active labour market programmes that provide vocational training to job-seekers, ...
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David McKenzie
14 August, 2017
- 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