Effect 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...
- Pulapre Balakrishnan M. Parameswaran
- 19 July, 2023
- Articles
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...
- 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...
- Aakanksha Shrawan
- 26 March, 2024
- Perspectives
From 'Mess in India' to Made in India' as a global brand?
PM Modi recently launched the ‘Make in India’ campaign to attract investment and boost manufacturing. In this article, Maitreesh Ghatak contrasts the campaign with the Chinese model of economic g...
- Maitreesh Ghatak
- 15 October, 2014
- Perspectives
Revisiting Indian inflation
Persistently high inflation is a key challenge facing India today. This column analyses long-term trends in Indian inflation and causal factors. It also discusses the current thinking of the RBI on r...
- Kirti Gupta Fahad Siddiqui
- 10 October, 2014
- Articles
In lieu of the Planning Commission: Part V
In this post, Ashwini Kulkarni, who works with the NGO Pragati Abhiyan in the state of Maharashtra, provides her perspective on some of the issues involved in replacing the Planning Commission. In he...
- Ashwini Kulkarni
- 09 October, 2014
- Perspectives
In lieu of the Planning Commission: Part IV
In this post, Pronab Sen – former Principal Adviser, Planning Commission of India – provides his perspective on some of the issues involved in replacing the Planning Commission. In his view, none...
- Pronab Sen
- 30 September, 2014
- Perspectives
In lieu of the Planning Commission: Part III
In this post, Sunil Jain – Managing Editor, Financial Express – provides his perspective on some of the issues involved in replacing the Planning Commission. In his view, the new body should focu...
- Sunil Jain
- 25 September, 2014
- Perspectives
Do location-based incentives promote industrialisation?
In a bid to industrialise the relatively under-industrialised states of Himachal Pradesh and Uttarakhand, the government implemented a tax incentive and capital subsidy scheme in the two states in 20...
- Ritam Chaurey
- 23 September, 2014
- Articles
In lieu of the Planning Commission: Part II
In this post, Chandrajit Banerjee - Director General, Confederation of Indian Industry (CII) - provides his perspective on some of the issues involved in replacing the Planning Commission. In his vie...
- Chandrajit Banerjee
- 19 September, 2014
- Perspectives
Increasing tax compliance through social recognition
To enhance government revenues, it is important to tackle the menace of tax evasion. This column discusses an experiment that tests whether sharing a firm’s tax compliance status with neighbouring ...
- Mushfiq Mobarak
- 15 September, 2014
- Articles
In lieu of the Planning Commission: Part I
The Indian government plans to replace the Planning Commission with a more contemporary think tank. Over the next few weeks, we will present views of experts from various stakeholder groups – priva...
- Pranab Bardhan
- 11 September, 2014
- Perspectives
The future of economic planning in India
Economic planning has been a central tenet of India’s development strategy since independence. In this article, Pronab Sen – former Principal Adviser to the Planning Commission of India – prese...
- Pronab Sen
- 09 September, 2014
- Perspectives
The labour reform myth
A few Indian states have taken steps to relax the labour law pertaining to worker retrenchment. This article argues that while this is a step in the right direction, it may be unrealistic to expect b...
- Pranab Bardhan
- 08 September, 2014
- Perspectives
Economics of public pension: Analysing India's old-age pension scheme
India’s older population aged 60 or above, is the second largest in the world. This column analyses the effects of India’s National Old Age Pension Scheme on the wellbeing of the elderly. It reco...
- Neeraj Kaushal
- 03 September, 2014
- Articles
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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