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Macroeconomics

Budget 2022-23 and outlook for the Indian economy

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Budget 2022-23: Hits and misses

Outlining the hits and misses of the Budget 2022-23, Rajeswari Sengupta contends that the capital expenditure push by the government seems to be a step in the right direction, while the rationale behi...

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Of twists and turns: Monetary policy and ‘term premium’

As India’s economic growth slowed down in recent years, the reliance on monetary policy to stimulate growth increased significantly – especially during the pandemic. Analysing data from 2018-2020,...

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Growth in India: Narratives and evidence

There are various narratives on the trajectory of India’s economic growth, and its key determining factors. This article analyses the recently released GDP data series at 2011-12 prices, extending b...

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The Covid-19 shock: Learnings from the past, addressing the present - III

In the previous part of the series, Dr Pronab Sen provided estimates of the economic damage on account of the ongoing crisis, and the expected trajectory of the economy over the next three years. In t...

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The Covid-19 shock: Learnings from the past, addressing the present - II

In the first part of the series, Dr Pronab Sen discussed the performance of the Indian economy during the last two major economic shocks – Global Financial crisis in 2008, and demonetisation-cum-GST...

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The Covid-19 shock: Learnings from the past, addressing the present - I

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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The pandemic and the package

The government has announced a package of fiscal and monetary policy actions, and broader economic reforms to set the economy back on track after the Covid-19 lockdown. In this post, Sengupta and Vard...

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Webinar video: The new Coronavirus and the Indian economy

The global pandemic has created a terrible trade-off for every country between an economic crisis caused by a shutdown of the economic activity and a health crisis and fatalities as the healthcare sys...

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Covid-19: Escaping the economic dangers

As long as the spread of Covid-19 is not controlled in India, there is a threat of new complete or partial lockdowns in response. In this post, E. Somanathan contends that any further lockdown risks i...

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Covid-19: Does the Government of India really have little fiscal space?

Several commentators have argued that the Government of India has very limited fiscal space to provide fiscal stimulus to jumpstart the economy, and spend on the poor and on medical care post Covid-19...

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Covid-19: Mitigating the risk from reverse migration

One of the worst affected sections from India’s Covid-19 lockdown has been the migrant workers who have been left jobless, moneyless, and homeless. Though efforts are being made by several state gov...

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India’s Covid-19 lockdown: An interim report

In an earlier paper, Debraj Ray and S. Subramanian had argued that in developing countries like India, a perspective of "lives versus lives" may be needed to evaluate the virtues of a stringent lockdo...

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How to ease Covid-19 lockdown? Forward guidance using a multi-dimensional vulnerability index

While extending the nationwide Covid-19 lockdown for two more weeks starting 17 May 2020, the government has given major relaxations for public movement and economic activity in non-containment zones ...

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Covid-19: Leading India effectively out of the lockdown

India is on the brink of coming out of its Covid-19 lockdown. In this post, Ghosh and Pal examine the challenges around the implementation of expert advice on effectively leading India out of the lock...

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Webinar: The new Coronavirus and the Indian economy

The Centre for Development Economics and Sustainability (CDES) and I4I are jointly hosting a webinar with Ashok Kotwal (Editor-in-Chief, I4I) on Monday, 18 May at 9.30 am IST. Prof. Kotwal will discus...

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Recent Contributors

Parantap

Parantap Basu

Durham University

Ashok

Ashok Kotwal

Editor-in-Chief, I4I; University of British Columb

Pronab

Pronab Sen

IGC India

Rajeswari

Rajeswari Sengupta

Indira Gandhi Institute of Development Research

R.

R. Nagaraj

Centre for Development Studies

Amartya

Amartya Lahiri

University of British Columbia

Pratap Ranjan

Pratap Ranjan Jena

NIPFP

Abhishek

Abhishek Singh

Indian Institute of Technology, Delhi

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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...

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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...

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