20 March, 2024Effect 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...
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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...
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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...
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Aakanksha Shrawan
- 26 March, 2024
- Perspectives
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
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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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Aparajita Goyal
- 28 August, 2012
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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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Nirvikar Singh
- 23 August, 2012
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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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Amartya Lahiri
- 09 August, 2012
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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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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
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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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Ashok Kotwal
- 18 July, 2012
- Perspectives
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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Maitreesh Ghatak Parikshit Ghosh
- 16 July, 2012
- Articles
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 ...
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Renata Lemos Daniela Scur
- 31 May, 2012
- 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...
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Viktoria Hnatkovska Amartya Lahiri
- 01 April, 2012
- 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 ...
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Raj Chetty
- 31 March, 2012
- 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...
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Oriana Bandiera Andrea Prat Raffaella Sadun
- 31 March, 2012
- IGC Research on India
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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
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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...
- 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