27 May, 2019Does service quality predict households’ willingness to pay for electricity connections in rural India?
While rural electrification has been a high priority for governments in the developing world, the factors that make individual households more likely to pay for electricity have received insufficient ...
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Ryan Kennedy Aseem Mahajan Johannes Urpelainen 
10 May, 2019
- Articles
Make in India: Why didn't the lion roar?
In this Perspectives piece, Prof. Nagaraj contends that ‘Make in India’ has failed to meet its objective of turning industry around. The government has seemed more concerned with improving India's...
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R. Nagaraj
- 08 May, 2019
- Perspectives
Firm survival in India: Status of firms formed over the last 30 years
The dynamic process of new firm formation and exit of weaker firms contributes to the evolution of industries and expansion of the economy. This article analyses the status of all new firms formed in ...
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Rajeswari Sengupta Manish Singh
- 12 June, 2019
- Articles
Self-employment: Elephant in the room
While nearly half of the labour force in India is self-employed, persistent low standards of living on a large scale imply that not many of these are ‘entrepreneurs’. Much of the self-employment ...
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Gurbachan Singh
- 22 January, 2018
- Perspectives
‘Nowcasting’ the Indian economy: A new approach to know the now-GDP
Bhadury and Pohit describe NCAER’s new ‘nowcasting’ model, which seeks to predict India’s GDP numbers at frequent intervals − typically on a monthly or quarterly basis − by exploiting the ...
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Soumya Bhadury Sanjib Pohit
- 12 January, 2018
- Articles
Does mandatory CSR expenditure affect firm value? Evidence from Indian firms
Section 135 of the Companies Act, 2013 mandates all Indian firms above certain size or profit threshold to spend at least 2% of net profit earned in preceding three years on Corporate Social Responsib...
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Praveen Bhagawan M Jyoti Prasad Mukhopadhyay
- 04 January, 2018
- Articles
The challenge of job creation
The process of economic transformation that entails labour transitioning from low- to high-productivity activities, been much slower in India than in other Asian countries like China. Why is this so ...
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Ashok Kotwal
- 15 December, 2017
- Perspectives
Waiting for jobs
Assessing the extent of job creation in India is constrained by lack of comprehensive, real-time employment data. This column presents statistics from a detailed analysis of multiple data sources and ...
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Radhicka Kapoor
- 14 December, 2017
- Articles
Is small beautiful? A critical evaluation of MSME policy and performance in India
Micro, small and medium enterprises (MSMEs) have significance in a labour-abundant country like India, and various policies are in place to promote the sector. Analysing MSME data from various sources...
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Shromona Ganguly
- 12 December, 2017
- Articles
Structural transformation and spillovers from ‘Industrial Areas’
A defining feature of economic development is the reallocation of labour from subsistence agriculture to manufacturing. To shed light on this process, this column analyses Karnataka’s Industrial Are...
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David Blakeslee Ritam Chaurey Ram Fishman Samreen Malik
- 07 December, 2017
- 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...
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Prachee Mishra Roopal Suhag
- 20 November, 2017
- Perspectives
Forecasting growth in times of transition
As per official data released on 31 August 2017, the Indian economy grew at 5.6% in the first quarter of the current fiscal year – in congruence with forecasts of National Council of Applied Economi...
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Bornali Bhandari
- 08 November, 2017
- Perspectives
Why are geniuses destroying jobs in Uganda?
In this article, Lant Pritchett discusses how technological progress is being driven in rich countries by distorted prices and availability of labour and is then inefficiently and uneconomically destr...
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Lant Pritchett
- 02 November, 2017
- Articles
Production responses and tax evasion with limited State capacity: Evidence from major reform in India
Although VAT eliminates the double taxation of inputs of the retail sales system, which enhances growth, it may increase the number of firms in the informal sector. This makes it very important, from ...
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David Agrawal Laura Zimmermann
- 31 October, 2017
- IGC Research on India
Production Responses and Tax Evasion with Limited State Capacity - Evidence from Major Reform in India
This project explores: what is the effect of switching from a retail sales tax to a VAT in a country with limited tax capacity and a large informal economy? The project explores this question through...
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David Agrawal Laura Zimmermann
- 31 October, 2017
- IGC Research on India
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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
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
Global financial crisis and India: A look at the decade gone by
The crisis that emerged in the US subprime mortgage market this month 10 years ago, not only engulfed the country’s financial system but the entire global economy. In this post, Vikas Dimble and Nal...
- Vikas Dimble Nalini Gulati
- 14 September, 2018
- Perspectives