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
India's five-year plan-what's the big deal?
‘Faster, inclusive, and more sustainable growth’ is the defining motto of India’s latest economic plan. But how will it work? This column outlines the five big ideas in India’s Five-Year Plan.
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Varad Pande
- 17 December, 2012
- Articles
For the New Year
Five months ago we launched this portal to start new conversations on issues of vital importance for Indian growth and development. We had hoped that by making serious research accessible to lay peop...
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Ashok Kotwal
- 12 December, 2012
- Perspectives
Himayat - A silent skills revolution in the making
In this Note from the Field, Varad Pande of the Ministry of Rural Development discusses the Himayat programme in Jammu and Kashmir which offers skills-training and a job to unemployed young people in ...
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Varad Pande
- 31 October, 2012
- Notes from the Field
The political economies of land acquisition
India is in the process of reforming the way that land is bought and sold – a source of heated debate as many blame the current laws for unfairly forcing millions from their homes and livelihoods. T...
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Sanjoy Chakravorty
- 17 October, 2012
- Articles
Is economic growth always the best policy?
Is economic growth the best way to reduce poverty, raise life expectancy, and improve people’s health? This column looks at different Indian states over the last 20 years. It argues that governments...
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Arvind Subramanian
- 05 October, 2012
- Articles
Developing a Land Acquisition Policy for India
The Land Acquisition Bill is a key piece of legislation under consideration in the Indian Parliament. This column argues that the current policy on compensating landowners, as proposed in the Bill, is...
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Maitreesh Ghatak Dilip Mookherjee
- 05 September, 2012
- Articles
Monetary policy in India and other developing countries
Setting interest rates and controlling inflation is an altogether different challenge in countries like India. This column argues that in many developing countries, the financial system is still too u...
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Prachi Mishra Peter Montiel
- 03 September, 2012
- Articles
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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Aparajita Goyal
- 28 August, 2012
- Articles
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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Nirvikar Singh
- 23 August, 2012
- Articles
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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Amartya Lahiri
- 09 August, 2012
- Articles
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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Abhiroop Mukhopadhyay
- 08 August, 2012
- Articles
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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Martin Ravallion
- 18 July, 2012
- 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