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. Click here for previous issues
Immersion of idols laced with harmful chemicals does an irreparable damage to a river, time to stop sinning against salvator. It is that time of the year again, when the devout prepare fancy and exotic idols of gods and goddesses, venerate them for a few days and then consign them to the waters of our... Read More
While collecting official statistics will always be a purview of state institutions, they must be governed by independent governing bodies that can ensure scientific integrity and broad oversight. We seem fascinated with statistical soundbites, vacillating between the bizarre and the expedient. In October 2021, major newspapers featured stories that claimed that over 100 million Indians... Read More
The Government of India launched the National Land Records Modernization Programme (NLRMP) in 2008 by unifying the Computerisation of Land Records (CLR) and the Strengthening of Revenue Administration and Updating of Land Records (SRA and ULR) programmes, in order to accomplish the goal of improving the quality of land records across all States and Union... Read More
In India, the inflation target (for CPI headline inflation) was set at 4%, with an upper tolerance limit of 6% and a lower limit of 2%. GoI constituted a six-member Monetary Policy Committee (MPC), including three ex-officio members from RBI with the RBI governor as its chairperson, the deputy governor in charge of monetary policy,... Read More
This report documents the all-round impact of the COVID-19 pandemic on various population categories across India. It has been compiled using a combination of original qualitative data collected from some of the people affected by the pandemic in India, along with interviews with local leaders and community development actors, and secondary data from a range... Read More
In the platform economy workers function in a formalised realm but without benefits of tenure or welfare One of the research questions that the NITI Aayog report ‘India’s Booming Gig and Platform Economy: Perspectives and Recommendations on the Future of Work’ poses is whether platforms are formalising or informalising the economy? We attempt a conceptual... 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. Click here for previous issues
India’s annual GDP growth 7% plus is the continuation of an ongoing acceleration. The question is whether this can last. One country stands out from the gloomy overall tone of the International Monetary Fund’s (IMF) recent update of its World Economic Outlook. Against the backdrop of tepid 3.2% global growth in 2022 the IMF expects... Read More
Banks play a critical role in economic growth. In India, the banking sector, dominated by public sector banks (PSBs), has underserved the economy and their stakeholders. The under-performance of PSBs has persisted despite several policy initiatives during the past decade. Meanwhile, private banks have further improved their performance and have gained significant market share. In... Read More