Unlocking the full potential of AI, ushering in an era where technology and agriculture converge. In the dynamic landscape of agricultural development, rural progress undergoes a significant metamorphosis with the infusion of technology, contributing to a structural transformation that reverberates across rural communities. Despite agriculture’s historical resistance to digital integration, the sector is experiencing a... Read More
Jan Vishwas Bill 1.0 recognised this problem but couldn’t do enough. A Jan Vishwas 2.0 that aims higher is needed, so that job creation can be accelerated Tulsidas’s Ramacharitmanas asks, Jaum mrigpati badha medukanhi bhala ki kahai kou tahi (if a lion kills frogs, will anyone speak well of him)? The Indian Penal Code makes... Read More
In India, women still face numerous hurdles to access employment and, once employed, to access decision-making positions. Claudia Goldin’s winning the 2023 Nobel Prize in the Economic Sciences, with her comprehensive account of women’s earnings and their underrepresentation in the global labour market, has aroused renewed interest among the international community in the persistently low... Read More
Each sequential release of GDP estimates by MoSPI (Ministry of Statistics and Programme Implementation) generates considerable excitement. Yet, perhaps many of us are unaware that each year’s estimates are revised six times over a stretch of three years before they are finalized. For example, the first estimate of growth for the current year 2023-24, the... Read More
ARTICLE I Sage Journals Impact of Product and Process Adoption Strategies on Business Expectations: Evidence from India During the Pandemic Bornali Bhandari, Samarth Gupta, Ajaya Kumar Sahu, and K S Urs January 2024
The number recently put forth by a government-constituted task force represents, at best, an interim assessment till the final report is out. The National Council of Applied Economic Research (NCAER) released a report on “Logistics Cost in India Assessment and Long-term Framework” on December 14, 2023. The report is an outcome of a consultative approach... Read More
Opinion: Nandan Nilekani and Tanuj Bhojwani. India is on the brink of a transformation that could change its economic and social future. Before the end of this decade, more Indians will use AI every day than in any other country in the world. What’s more, people in advanced economies will be surprised by the ways... Read More
A growth trajectory of 6.5 to 7.5 %, centred around 7 %, is reasonable in the coming years, barring the eventuality of simultaneous external shocks. In view of its robust growth of 7.7 per cent during the first half of the current fiscal year, the Reserve Bank of India (RBI) has upgraded the full-year growth... Read More
In the Review, we summarise the economic and policy developments in India; monitor global developments of relevance to India; and showcase the pulse of the economy through an analysis of high-frequency indicators and the heat map. MRE Dec 2023 Report Click here for previous issues
Social cover. Instead of a region or income specific policy, a more universal approach would serve workers better. While the demand for social security for platform workers heats up, the question that crops up is can one design an exclusive social security system for platform workers? And even if one could design it (like Rajasthan),... Read More