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  • Poonam Gupta
    March 2025

    After a steady rise for over two years, Indian markets have been in a correction phase since October 2024. Equity markets have declined by 14 percent; the exchange rate has depreciated by 4 percent; the reserves have declined by $65 billion (9 percent of the stock that existed); while FII investors have pulled out nearly...   Read More

  • Ratna Sahay
    March 2025

    Among the many achievements of G20 under India’s leadership in 2023 was their specific commitment to promote women-led development. This commitment went beyond the general catchall of advancing “women’s economic empowerment”. It signalled an increasing recognition by world’s top leaders that promoting full, equal, effective, and meaningful participation of women in the economy as decision-makers...   Read More

  • Amit Mitra Souryabrata Mohapatra
    March 2025

    Once revered as the “City of Lakes,” Hyderabad is now grappling with a governance crisis, where its lakes—long-standing public goods—are being sacrificed for private gains. Recent data from the National Remote Sensing Centre (NRSC) reveal a stark reality: between 1979 and 2023, Hyderabad’s lake area has declined by 61%, shrinking from 40.35 square kilometres to...   Read More

  • Aakash Dev Ratna Sahay
    March 2025

    Despite significant progress in educational attainment and health outcomes, India lags in enabling women’s economic participation, which, in turn, impedes the goal of fast and inclusive economic growth. This article shows that formalising part-time employment and redistributing unpaid care work between men and women could raise female labour force participation by six percentage points, from...   Read More

  • Aakash Dev

    The time for incremental progress has passed. Bold policy measures, cultural shifts, and institutional support are required to break the barriers that hinder women’s leadership. The Women’s Reservation Bill, 2023 now enacted and set to be implemented after the census and delimitation exercise marks a significant milestone in ensuring greater representation for women in governance....   Read More

  • Chetana Chaudhuri Sanjib Pohit
    February 2025

    India is gearing up for green transition through policy and budgetary support to reduce dependence on finite fossil fuels, to curb greenhouse gas emissions, and to mitigate climate change. The Viksit Bharat 2047 vision aims to transform India into a developed nation, which will drive a significant rise in energy demand across industries, infrastructure, and...   Read More

  • Poonam Gupta
    February 2025

    India’s public debt, at about 80 percent of GDP, is disproportionately high for its per capita income. Yet committed constituencies advocating for smaller or higher quality debt are largely absent. The complacency is because high debt has neither resulted in runaway interest rates or rollover risks nor is it seen to be a drag on...   Read More

  • Barry Eichengreen
    February 2025

    When taking the G20 gavel, President Cyril Ramaphosa announced that he will focus on problems of debt sustainability in low income countries. He made it clear that the first African Chair of the G20 is there for all of Africa, acknowledging the continent is home to 22 of the world’s 26 low income countries—half  of...   Read More

  • Ravi Kumar Gupta
    February 2025

    Enhancement of the limit is not sufficient to make the scheme more accessible or beneficial to a broader section of farmers. The repayment schedule is also a significant challenge. Budget 2025 is one of the most promising Budgets in recent years, aiming to address the needs of the masses after a long time. One of...   Read More

  • Aradhna Aggarwal
    February 2025

    A shift in focus from continuous expansion to ensuring sustainability and effectiveness of programmes is imperative for achieving policy success. The world is at a crossroads, navigating unprecedented economic, technological, geopolitical, and environmental challenges. Donald Trump’s uncompromising “America First” policies and the use of coercion to achieve his objectives have heightened economic and geopolitical uncertainties,...   Read More

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