15 September, 2025Do rural roads promote inclusive entrepreneurship?
It is well-known that infrastructural investments, such as in rural roads, help integrate markets and promote economic growth. But are the benefits uniformly distributed across social groups? Analysin...
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Ananyo Brahma Vidhya Soundararajan 
22 July, 2025
- Articles
Why next-generation economic reforms are crucial for reviving investment
While corporate profitability and banks' lending ability have been on the rise for some time, corporate investment remains sluggish. In this post, Gupta and Sachdeva argue that investment levels of In...
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Shishir Gupta Rishita Sachdeva
- 11 April, 2025
- Articles
The growing burden of state subsidies
Delivery of welfare benefits to citizens by state governments in India often takes the form of subsidies. Analysing budgetary data from seven Indian states for the period between 2018-19 and 2022-23, ...
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Kishan Narayan
- 17 March, 2025
- Articles
The Golden Quadrilateral: Highway to success
The Golden Quadrilateral, which connects four major cities in India, is the fifth-longest highway in the world. This column presents research that finds that by improving connectivity, the highway ha...
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Ejaz Ghani Arti Grover Goswami William Kerr
- 10 May, 2013
- Articles
Getting to a greener picture of India's growth story
The Expert Group on Green National Accounting calls for including natural as well as human capital in our national accounts, and defining economic growth in terms of ‘wealth per capita’ instead o...
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Varad Pande
- 08 May, 2013
- Notes from the Field
The Land Acquisition Bill
Will the new Land Acquisition Bill make protests like those in Singur and Bhatta-Parsaul a thing of the past? Will it make land acquisition so expensive and difficult that the pace of industrialisati...
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Parikshit Ghosh Shri Vallabh Goyal Dilip Mookherjee Abhirup Sarkar
- 26 April, 2013
- Symposium
The Land Acquisition Bill
Will the new Land Acquisition Bill make protests like those in Singur and Bhatta-Parsaul a thing of the past? Will it make land acquisition so expensive and difficult that the pace of industrialisati...
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Parikshit Ghosh Shri Vallabh Goyal Dilip Mookherjee Abhirup Sarkar
- 26 April, 2013
- Symposium
Long term recovery of the Indian economy depends on reforms
The Indian economy has been facing challenges in the form of sluggish growth, high inflation, and rising fiscal and current account deficits. This column highlights trends in the economic conditions,...
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Sarah Chan
- 24 April, 2013
- Articles
Why India should not further delay a credit line from the IMF
India is expected to run a current account deficit of more than 4% of its GDP this year. At the moment this can be paid for with money coming in from abroad – but what if the flow of money were to ...
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Gurbachan Singh
- 03 April, 2013
- Articles
The push and pull of skilling
Vocational training has been centre-stage in policy discussions in India over the past decade. This article discusses the perspectives of and dissatisfaction among the four groups of stakeholders in s...
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Madhav Chavan
- 22 March, 2013
- Notes from the Field
What do Indian CEOs do?
While the Indian manufacturing sector has experienced rapid growth since the early 1990s, it is characterised by large productivity differences across firms and presence of several low productivity f...
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Oriana Bandiera
- 15 March, 2013
- Articles
Property rights and technology transfer: Evidence from developing countries
The transfer of technology to poorer countries is essential for development. This column asks how this process is affected by intellectual property rights and whether the data can provide some policy ...
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Sunil Kanwar
- 01 March, 2013
- Articles
Foreign investors under stress: Evidence at the firm level
Emerging market policymakers have been concerned about the financial stability implications of financial globalisation. These concerns are focussed particularly on behaviour under stressed conditions.
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Ila Patnaik Ajay Shah Nirvikar Singh
- 01 March, 2013
- IGC Research on India
Commodity Taxation in India
This project examine cross‐country comparisons on commodity taxation in Bihar for 1994‐2012. The findings of the project suggested that the VAT reforms went a long way to harmonizing r...
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Monica Singhal
- 28 February, 2013
- IGC Research on India
Why Nations Fail: And why India and China don’t fit the story
‘Why Nations Fail’ by Daron Acemoglu and James Robinson is becoming a must-read for development economists. But this column argues that the central thesis of the book fails to explain two big deve...
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Arvind Subramanian
- 01 February, 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
Understanding the dynamics of the rupee-dollar exchange rate
Since 1993, the Indian rupee (INR) has officially been following a market-determined exchange rate – price is determined by demand for and supply of foreign exchange – with intervention by the Res...
- Ila Patnaik Rajeswari Sengupta
- 11 October, 2021
- Perspectives