17 March, 2025Union Budget 2025-26: Many small measures but lacks big ideas
The Finance Minister recently presented the Union Budget for 2025-26. In this post, Rajeswari Sengupta notes that the most significant aspect of this Budget is the fiscal stimulus aimed at middle-clas...
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Rajeswari Sengupta 
05 February, 2025
- Perspectives
Uneven resilience: Why some emerging markets better navigate US monetary policy cycles
As the US dollar and monetary policy continue to have a significant impact on global financial dynamics, some emerging markets are observed to be more resilient than others to the policy cycles. Analy...
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Joshua Aizenman Donghyun Park Irfan Qureshi Jamel Saadaoui Gazi Salah Uddin
- 30 September, 2024
- Articles
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
Union Budget 2017-18: No amends for the sins of demonetisation
Commenting on India’s Union Budget 2017-18, Siddharth Varadarajan, a Founding Editor of The Wire, contends that dealing with the aftereffects of demonetisation requires a fiscal and monetary boost, ...
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Siddharth Varadarajan
- 06 February, 2017
- Perspectives
India's Union Budget 2017-18: Status quo for the social sector
On 1 February, The Finance Minister of India presented the Union Budget 2017-18. In this article, Yamini Aiyar, Director of Accountability Initiative, contends that for social policy, the Budget sugg...
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Yamini Aiyar
- 03 February, 2017
- Perspectives
An economist’s view on recent domestic and world events
Dilip Mookherjee spoke to Hindu Business Line at length on a variety of issues including demonetisation, the upcoming Budget, and the Trump Presidency’s impact on the world economy.
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Dilip Mookherjee
- 31 January, 2017
- Perspectives
Smart meters for promoting energy efficiency in rural India
This project brings experimental and quasi-experimental research methods to bear on important issues confronting rural electrification initiatives.
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Meredith Fowlie Catherine Wolfram
- 31 January, 2017
- IGC Research on India
How to go about chasing black money
In the context of demonetisation, Indira Rajaraman argues that the focus of any sustainable reform of the taxation structure must be on reducing flows of tax evasion, not going after existing caches o...
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Indira Rajaraman
- 30 January, 2017
- Perspectives
Land acquisition: Need for a shift in discourse?
Empirical evidence increasingly shows that farmers are willing to have their land acquired if the price-compensation package is acceptable. Given this trend, Dhanmanjiri Sathe argues that the discours...
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Dhanmanjiri Sathe
- 25 January, 2017
- Perspectives
Do firms in India perceive themselves to be e-ready?
Government of India’s ‘Digital India’ programme seeks to transform the country into a digitally-empowered society and knowledge economy. This column presents region-wise findings of a perceptio...
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Bornali Bhandari Ajaya Kumar Sahu
- 24 January, 2017
- Perspectives
Rural electrification in India: Focus on service quality
India has set an ambitious goal of achieving high-quality electricity supply for all households by 2019, and impressive progress has been made in increasing the number of household electricity connect...
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Karthik Ganesan Abhishek Jain Johannes Urpelainen
- 18 January, 2017
- Articles
Reconsidering the 4% inflation target
The RBI targets an inflation rate of 4%. In this article, Gurbachan Singh takes an in-depth look at the prevailing macroeconomic policy regime. This exercise provides an insight, which forms the basis...
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Gurbachan Singh
- 16 January, 2017
- Perspectives
The historical roots of India's booming service economy
India stands out from other emerging economies because its growth has been led by the service sector rather than labour-intensive manufactures. This column summarises recent research showing that Indi...
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Stephen Broadberry Bishnupriya Gupta
- 13 January, 2017
- Articles
Terms of trade shocks and monetary policy in India
Understanding monetary policy design in emerging markets and developing economies is a growing area of research. One aspect that is missing is how distortions in the agricultural sector translate into...
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Chetan Ghate Sargam Gupta Debdulal Mallick
- 31 December, 2016
- IGC Research on India
Women and work in rural India
In contrast to the global average of 48%, only 32.6% of the half-a-billion working-age women in India report to be working. It is puzzling that the rapid fertility transition, broad increases in femal...
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Farzana Afridi Taryn Dinkelman
- 31 December, 2016
- IGC Research on India
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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
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