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Macroeconomics

Covid-19: Curated content and resources

  • Perspectives

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...

  • Articles

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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Himayat - A silent skills revolution in the making

In this Note from the Field, Varad Pande of the Ministry of Rural Development discusses the Himayat programme in Jammu and Kashmir which offers skills-training and a job to unemployed young people in ...

  • Notes from the Field

The political economies of land acquisition

India is in the process of reforming the way that land is bought and sold – a source of heated debate as many blame the current laws for unfairly forcing millions from their homes and livelihoods. T...

  • Articles

Is economic growth always the best policy?

Is economic growth the best way to reduce poverty, raise life expectancy, and improve people’s health? This column looks at different Indian states over the last 20 years. It argues that governments...

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Developing a Land Acquisition Policy for India

The Land Acquisition Bill is a key piece of legislation under consideration in the Indian Parliament. This column argues that the current policy on compensating landowners, as proposed in the Bill, is...

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Monetary policy in India and other developing countries

Setting interest rates and controlling inflation is an altogether different challenge in countries like India. This column argues that in many developing countries, the financial system is still too u...

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The value of land administration information for financial development

While the effect of improved property rights on economic development has been extensively studied, the specific relationship between better land administration information and improved credit access i...

  • Articles

Measuring India's Capital Control Regime

India’s policies on international capital flows are extremely complex, in part due to the absence of a consensus on the value of capital account controls. This column argues that the tools for measu...

  • Articles

Searching for the soul of monetary policy in India

What is the thinking behind the current policy of the Reserve Bank of India? This column argues that its rules for deciding on India’s interest rates are based on assumptions that hold in developed ...

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Mahatma Gandhi National Rural Employment Guarantee Scheme: Falling demand or funds crunch?

The National Rural Employment Guarantee Scheme (MNREGS) – India’s flagship job guarantee scheme - provides every rural household in India with a guaranteed 100 days of work in a year at minimum wa...

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Understanding the differing fortunes of poor people in India and China

It is no secret that India and China have both been growing impressively and that the incidence of extreme poverty has been falling. But this column shows that if India’s economic growth had been as...

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A new voice

It is with some trepidation, but with huge excitement, that I present to you Ideas for India – a new voice in the cacophony of conversations on Indian growth and development. Hopefully, this will be...

  • Perspectives

Land acquisition: Is there a way out?

India is hungry for space to grow into a developed economy. Yet this hunger is increasingly raiding farmland and threatening traditional livelihoods. For some, this is a necessary evil, for others it...

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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...

  • Perspectives