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Is Covid-19 equally deadly across all states?

International experience suggests that the rates of fatality on account of Covid-19 vary across the world. In this post, Jain and Chatterjee seek to estimate the fatality rate of the pandemic in India...

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Covid-19: Health, macroeconomics, and trade

There is great uncertainty around the spread and eventual end of the Covid-19 pandemic, and the possibility of extended or intermittent lockdowns. Besides the immediate health crisis and loss of liv...

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Covid-19: Expected migrant movement as lockdown eases

Since the lockdown was announced in India, many migrants have undertaken the difficult journey to their place of origin. However, millions of them are still in cities, and some are expected to return ...

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Why the World Bank's International Comparison Program has limited use for India

Preliminary results from the World Bank’s International Comparison Program, which seeks to compare the economies of 199 countries across the globe, were released recently. In this article, Ranjan R...

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'Cry, the Beloved Country': Mending Punjab's economy

The growth rate of Punjab, which once ranked among India’s most affluent states, is slowing. In this article, Nirvikar Singh, who holds the Sarbjit Singh Aurora Chair of Sikh and Punjabi Studies at...

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Where will jobs in manufacturing come from?

Conventional wisdom suggests that labour-intensive, small industries are critical for generating employment. However, this column argues that policies favouring one type of industry over another - lab...

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Towards integrating sample surveys in India

Large-scale household surveys in India are mainly undertaken by the NSSO and the NCAER. In this article, Pronab Sen, Chairman of the National Statistical Commission, highlights the need for systemati...

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India's labour laws: Protecting to hurt

The state government of Rajasthan has begun making amendments to various labour laws in order to make labour markets more flexible. Summarising research on the impact of rigid labour laws on the grow...

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Targeting nominal GDP

Central banks, especially in developing countries, still seek transparent and credible communication. Yet signalling intentions in the conduct of monetary policy sometimes creates undesirable constra...

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India's macroeconomic outlook

With falling inflation, high forex reserves and the new government embarking on a broad reform agenda, things seem to be looking up for India. In this article, Eswar Prasad shares his macroeconomic o...

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Should India embrace inflation targeting?

The Urjit Patel Committee recommended the formal adoption of an inflation targeting regime for India. In this article, Iyanatul Islam compares the views of the current RBI Governor with those of his ...

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Can services be a growth escalator in low-income countries?

Just like the East Asian Tigers, the Lions of Africa are now growing much faster than the developed economies. However, this column shows that the growth escalators in Africa are different than in Ea...

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From tapering to tightening: The impact of the Fed's exit on India

India was among the hardest hit by the Fed’s ‘taper talks’. This column argues that this impact was large for two reasons. First, India received huge capital flows before. This had made it a co...

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The Planning Commission and federal transfers

A key function of the Planning Commission was to allocate financial assistance from the centre to the states in support of the five-year plan. In view of the impending replacement of the Planning Com...

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Building a new house, returning to an original foundation

Most commentators in the Planning Commission debate believe that the new body should be some form of national think-tank focusing on the technical function of formulating an economy-wide strategic vis...

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Most Popular Macroeconomics Posts

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...

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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...

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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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