10 February, 2023Pre-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...
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Rajat Kathuria 
22 February, 2023
- 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 ...
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Rajeswari Sengupta
- 27 February, 2023
- 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...
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Deepak Mishra
- 03 February, 2023
- Perspectives
Subsidies, merit goods, and fiscal space - II
In Part I of this two-part series, the authors presented their estimates of total budget subsidies, and their merit and non-merit components. In this part, they discuss the relationship between subsid...
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Sudipto Mundle Satadru Sikdar
- 04 September, 2020
- Perspectives
Subsidies, merit goods, and fiscal space - I
Mundle and Sikdar argue that rationalisation of the prevailing large volume of non-merit subsidies should constitute a major component of deep fiscal reforms in India. Doing so could free up the fisca...
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Sudipto Mundle Satadru Sikdar
- 03 September, 2020
- Perspectives
What would make India’s growth sustainable?
Much of the discussion on the economic slowdown in India in recent years – as well as on the government’s measures to tackle the present economic crisis due to the Covid-19 lockdown – is focused...
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Maitreesh Ghatak Ashok Kotwal Bharat Ramaswami
- 14 August, 2020
- Perspectives
Covid-19: Assessing vulnerabilities faced by microenterprises
In India, where microenterprises form a crucial foundation for livelihoods and employment, the effects of the Covid-19 lockdown can potentially be significant. Based on the first wave of a dynamic, mu...
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Sharon Buteau Ashwin Chandrasekhar
- 31 July, 2020
- Notes from the Field
Covid-19: Recession in India, and policy lessons from other countries
Given the prevailing economic situation in India and following the past experience of several developed countries, there is a clamour for accepting much larger fiscal deficits, and adopting unconventi...
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Gurbachan Singh
- 27 July, 2020
- Perspectives
Covid-19: Conditions on state borrowing need a rethink
States have been in the firing line in the battle to save lives and livelihoods from the impact of Covid-19. However, the loss of economic activity following the nationwide lockdown, has wreaked havoc...
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Mayank Jain D. Priyadarshini
- 22 July, 2020
- Perspectives
Does easing controls on foreign borrowing boost firm performance?
The literature shows that rigid capital-control policies adversely influence international trade, but overlooks the relationships among access to external financing, firm-level productivity, and expor...
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Udichibarna Bose Sushanta Mallick Serafeim Tsoukas
- 17 July, 2020
- Articles
Unmaking ‘Make in India’
The current government has attempted to improve India’s ranking in the World Bank’s Doing Business Indicators, but with limited success. This article shows that ‘deals’ between the State and b...
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Sabyasachi Kar Rajesh Raj S.N. Kunal Sen
- 10 July, 2020
- Articles
Atmanirbhar Bharat Abhiyan: Putting the cart before the horse
In an attempt to tackle the economic crisis triggered by the Covid-19 pandemic, Government of India announced a Rs. 20 lakh crore Atmanirbhar Bharat Abhiyan financial package, equivalent to 10% of Ind...
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Subhasish Dey Anirban Kundu
- 06 July, 2020
- Perspectives
The supply-side effects of India’s demonetisation
What were the effects of the 2016 Indian demonetisation that removed 86% of currency in circulation overnight, on the production side of the economy? By combining data from financial statements and su...
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Giri Subramaniam
- 03 July, 2020
- Articles
Webinar video: The Covid-19 shock
The Covid-19 pandemic and the containment measures adopted to check the spread of the disease, have caused an unprecedented economic crisis in India as well as the rest of the world. Further, India is...
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Parikshit Ghosh Pronab Sen
- 29 June, 2020
- Videos
Protectionism and Statism, once again
In this post, Ajit Karnik argues that, at a broad strategic level, the Indian government has displayed a disconcerting shift towards protectionism and Statism over the last few months. While discussin...
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Ajit Karnik
- 25 June, 2020
- Perspectives
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Tweets by Ideas4IndiaMost 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...
- 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
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...
- Rajeswari Sengupta
- 24 March, 2020
- Perspectives