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Macroeconomics

Pre-election Budget 2023-24: Short on extravagance, long on substance

The Union Budget presented earlier this month was the last full-year budget before next year's general elections. Rajat Kathuria looks back to India's economic performance in 2014 and suggests that th...

  • Perspectives

Budget 2023-24: Fiscally conservative but lacking economic strategy

The Indian economy’s recovery from the Covid-19 pandemic has not been all good news: employment creation has stagnated, and government capex allocation has not been successful in generating private ...

  • Perspectives

Budget 2023-24: Some good and no harm

Following the budget speech, Deepak Mishra weighs in on the extent to which the three goals of higher growth, better distribution, and stability were met. He discusses the Finance Minister’s success...

  • Perspectives
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Setting Tax Targets: An Experiment for Government of Bihar

The project was conducted on the request of Principal Secretary, Department of Commercial Taxes, Bihar. The main aim of the project was to understand what needs to be done to set district-wise commerc...

  • IGC Research on India

The Political Economy of Sovereign Debt Overhang

Developing economies have heterogeneous experiences with growth and openness. This project starts by documenting a core empirical fact: The countries that grow relatively fast do so while reducing sov...

  • IGC Research on India

Bihar Growth in the Context of Modern Growth Theory

India’s second most populous state, Bihar, also remains one of its poorest. This project conducts a longer-term investigation into Bihar’s relatively poor productivity. It surveys the important co...

  • IGC Research on India

Sugar mills: Ownership, productivity and crop choice

This project examines the effect of firm ownership structure on firm behaviour and the economic outcomes of upstream suppliers by comparing privately-owned sugar mills to cooperatives and public mills...

  • IGC Research on India

Making good management stick: Evidence from India

A long-standing question in social science is to what extent differences in management cause differences in firm performance. To investigate this, researchers ran a management field experiment on larg...

  • IGC Research on India

Developing and Analyzing Firm Level Moments on Productivity and Reallocation

Productivity growth is the main driver of long-run increases in per capita income and welfare. This project investigates the effect of idiosyncratic (firm-level) policy distortions on aggregate outcom...

  • IGC Research on India

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Dibyendu Maiti

Delhi School of Economics

Naveen

Naveen Kumar

Delhi School of Economics

Debajit

Debajit Jha

O. P. JIndal Global University

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Pulapre Balakrishnan

Ashoka University

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M. Parameswaran

Centre for Development Studies

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Barry Eichengreen

University of California, Berkeley

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Ayesha Ahmed

National Council of Applied Economic 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...

  • 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...

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