30 September, 2024Economic 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
Food, fuel, and facts: Distributional effects of global price shocks
The recent upsurge in global prices of essential commodities of food and fuel, warrants an analysis of the distributional ramifications, especially within developing economies. This article examines I...
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Saroj Bhattarai Arpita Chatterjee Gautham Udapa
- 20 June, 2024
- Articles
What will it take for the Indian economy to break out of the lower-middle-income bracket?
In 2007, India moved from the low-income to lower-middle-income category, as per the World Bank’s classification of countries by income. With clear aspirations to graduate into the higher brackets o...
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Vikas Dimble Nalini Gulati
- 12 June, 2024
- Perspectives
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
- Articles
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
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...
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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...
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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...
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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...
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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...
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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...
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Ritam Chaurey
- 23 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