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Budget 2022-23 and outlook for the Indian economy

Several commentators have lauded the recently presented Budget 2022-23 as a ‘growth budget’, on account of the large allocations made for capital expenditure on public infrastructure. On the other...

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India’s asset monetisation plan

In August 2021, Government of India announced an asset monetisation plan wherein existing public assets worth Rs. 6 trillion would be monetised by leasing them out to private operators for fixed terms...

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Assessing the credibility of sub-national budgets in India

The Covid-19 crisis has put immense pressure on the finances of Indian states. Fiscal consolidation in the post-pandemic period will depend on growth revival, increased fund flows, and efficient budge...

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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...

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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...

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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...

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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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Management practices in retail, education and healthcare sectors in India

This project presents an in-depth descriptive look at the state of management practices in India. Using a unique dataset measuring the quality of management practices across countries and sectors, it ...

  • IGC Research on India

Macroeconomic Takeoff and Distributional Churning in India

The past 25 years have witnessed a remarkable economic catch-up by the historically discriminated against scheduled castes and tribes (SC/STs) in India towards non-SC/ST levels in terms of their educa...

  • IGC Research on India

Status-based taxation: A proposal to increase tax revenue collection

This project explores whether concerns for social status can be exploited as a 'carrot' to encourage tax compliance and increase tax revenue collection in developing countries. The central idea is to ...

  • IGC Research on India

What do Indian CEOs do? Time Use of Indian Top Executives: Determinants and Implications for Growth

This project presents evidence on the labour supply of CEOs, and on whether family and professional CEOs differ on this dimension. It does so through a new survey instrument that allows it to codify C...

  • IGC Research on India

Understanding fiscal capacity in developing economies: Firms as third-party tax enforcers

The difference in tax revenues (as a percentage of GDP) between developed and developing countries has always been consistently large. An IMF report estimates it to be 10-15 percentage points.

  • IGC Research on India

Recent Contributors

Rachel

Rachel Cho

University of Nottingham

Rodolphe

Rodolphe Desbordes

SKEMA Business School

Markus

Markus Eberhardt

University of Nottingham

Parantap

Parantap Basu

Durham University

Ashok

Ashok Kotwal

University of British Columbia

Rajeswari

Rajeswari Sengupta

Indira Gandhi Institute of Development Research

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Most 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...

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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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Covid-19: Macroeconomic implications for India

Due to the measures adopted to prevent the spread of the Coronavirus Disease 2019 (Covid-19), especially social distancing and lockdown, non-essential expenditures are being postponed. This is causing...

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