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
The Land Acquisition Act is deeply flawed
In the second part of the Land Acquisition Act debate, Ghatak and Ghosh argue that the legislation is ill-conceived and falls short on several counts. They contend that the formula for compensation is...
- Maitreesh Ghatak Parikshit Ghosh
- 23 October, 2013
- Perspectives
A 'new' land reform policy in India?
The Ministry of Rural Development has recently issued a draft of a new National Land Reform Policy. In this article, Dilip Mookherjee discusses the key features, and presents his views on the pros an...
- Dilip Mookherjee
- 11 October, 2013
- Perspectives
Short-term migration and child welfare
While much has been said about the poor working and living conditions of short-term migrants, relatively little is known of the impact of short-term migration on child welfare. This column finds that ...
- Diane Coffey
- 07 October, 2013
- Articles
Monkeying with the rupee
In this article, Debraj Ray discusses the sharp depreciation of the rupee and the ongoing outflow of foreign capital from India. Further, he refutes claims that the costs associated with the Food Secu...
- Debraj Ray
- 04 September, 2013
- Perspectives
Choosing to be trained: Behavioural restrictions on participation decisions
Widespread unemployment has prompted policymakers to consider introduction of various training programmes that can help workers accumulate additional skills to obtain new jobs and/ or retain current ...
- Utteeyo Dasgupta Lata Gangadharan Pushkar Maitra Subha Mani Samyukta Subramanian
- 02 September, 2013
- Articles
Is there public support for higher electricity prices in India?
Even though India´s power sector does not generate enough electricity to meet the rapidly growing demand, policymakers hesitate to increase tariffs due to popular opposition. This column discusses r...
- Johannes Urpelainen
- 23 August, 2013
- Articles
Who creates jobs?
With millions of young people entering the labour market each year, the big question is whether there will be enough jobs for them. But who actually creates these jobs? This column looks at data from...
- Ejaz Ghani William Kerr Stephen D O'Connell
- 02 August, 2013
- Articles
Bad management: A constraint on economic development?
Are poor management practices holding back middle-income countries? This column looks at the evidence for private firms and public organisations in manufacturing, retail, healthcare and education in I...
- Renata Lemos Daniela Scur
- 08 July, 2013
- Articles
A case for including migrants' remittances in inter-state comparisons
Gross State Domestic Product, a widely used measure to compare incomes across states in India, does not include migrants’ remittances. This column argues that remittances have a bearing on drawing v...
- Chinmay Tumbe
- 21 June, 2013
- Articles
Underperforming even in good times
The late Professor Raj Krishna´s term ‘Hindu growth rate’ was an aptly pejorative description of India´s economic performance in the post-independence period. But how has India performed in the ...
- Arvind Subramanian
- 14 June, 2013
- Articles
Could railways have done more to aid economic development in India?
Indian Railways celebrated its 160th anniversary last month. This column argues that while railways played a large economic role in British India, it is likely they could have done more to aid economi...
- Dan Bogart Latika Chaudhary
- 29 May, 2013
- Articles
The challenges of opening up India's capital account
A key objective for any open economy is to avoid a financial or balance of payments crisis – a goal that often calls for trade-offs between liberalisation and maintaining control of the economy. Th...
- Abhijit Sen Gupta Rajeswari Sengupta
- 15 May, 2013
- 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