20 March, 2024Effect of food prices on inflation: Is monetary policy an effective tool?
With rising inflation becoming a global concern, Balakrishnan and Parameswaran discuss some explanations for the high inflation in India. They find that inflation was driven by a domestic rise in food...
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Pulapre Balakrishnan M. Parameswaran 
19 July, 2023
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India’s debt dilemma
In the fifth article in the Ideas@IPF2023 series, Eichengreen, Gupta and Ahmed reveal how high levels of debt in India limit the resources available for other priorities. At the same time, they predic...
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Ayesha Ahmed Barry Eichengreen Poonam Gupta
- 17 July, 2023
- Perspectives
Budget 2024-25: A countercyclical approach to fiscal policy
Keynes propounded that fiscal policy should be countercyclical in nature – expansionary during recession and contractionary during periods of boom. In this post, Aakanksha Shrawan analyses India’s...
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Aakanksha Shrawan
- 26 March, 2024
- Perspectives
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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Pronab Sen
- 19 January, 2015
- Perspectives
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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Devashish Mitra
- 14 January, 2015
- Perspectives
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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Pranjul Bhandari Jeffrey Frankel
- 08 January, 2015
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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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Eswar Prasad
- 16 December, 2014
- Perspectives
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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Iyanatul Islam
- 12 December, 2014
- Perspectives
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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Ejaz Ghani
- 01 December, 2014
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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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Kaushik Basu Barry Eichengreen Poonam Gupta
- 27 November, 2014
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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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Antra Bhatt Hakhu
- 20 November, 2014
- Perspectives
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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Jessica Seddon T. N. Srinivasan
- 05 November, 2014
- Perspectives
What explains the increasing use of contract workers in Indian manufacturing?
Contract workers constituted about one-fourth of all workers in formal manufacturing in India in 2008. This column analyses the extent to which trade liberalisation and lack of labour reforms explain...
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Bibhas Saha Kunal Sen
- 29 October, 2014
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Land Shackled - II
Rising land scarcity and land market distortions are increasingly becoming a binding constraint on development in India. In their previous article, Kapur, Somanathan and Subramanian diagnosed India...
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Devesh Kapur T.V. Somanathan Arvind Subramanian
- 22 October, 2014
- Perspectives
Land Shackled
Rising land scarcity and land market distortions are increasingly becoming a binding constraint on development in India. In the first of a two-part series, Kapur, Somanathan and Subramanian diagnose ...
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Devesh Kapur T.V. Somanathan Arvind Subramanian
- 17 October, 2014
- 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