Publication Page Archive

For now RBI should be comfortable letting it slide (gently if it so wishes) by another 5% in the coming months and even more if the external market pressure continues. Global capital flows have been retrenching from emerging market (EM) economies since end-February in the wake of Russia's invasion of Ukraine. Another factor for this...   Read More

The size of our labour force is constrained by the absence of women from the workforce. Only about 30% of women aged 15 and above are employed either in wage work on family farms and businesses. The United Nations Population Division released a new set of population projections on July 11 World Population Day. These...   Read More

NITI Aayog’s effort though creditable has loose ends. PLFS should use 2015 worker classification and probe nature of contracts. At the outset NITI Aayog needs to be complimented for undertaking the onerous task of trying to estimate the number of gig workers. The report ‘India’s Booming Gig and Platform Economy: Perspectives and Recommendations on the...   Read More

All public sector banks (PSBs) should be privatised and only SBI— due to its better performance — may remain under government ownership for now, a policy paper by two influential economists has recommended. The policy paper is to be presented at the India Policy Forum on Tuesday. It has been authored by Poonam Gupta, NCAER...   Read More

Opinion: Mridul Saggar: In China, 82% of adults made a digital merchant payment using a mobile phone. In India, the figure is just 8%. In China, 38% of adults have credit cards. In India, only 5% do. Is the lower per-capita income - and, therefore, higher default risks - sufficient to explain this? On June 29,...   Read More

The recent announcement by West Bengal transport minister Firhad Hakim has practically signaled the death knell of Kolkata tramways the only city in India which still operates trams. The plan is no more to revive the tram route in the popular north Kolkata route. The plan now is to operate trams only in routes where...   Read More

The 18th India Policy Forum 2021 Volume comprises papers and brief details of the proceedings of the IPF Conference held virtually during 12-15 July, 2021. Apart from presentation of four papers, the IPF Conference also included two lectures, the 3rd T.N. Srinivasan Memorial Lecture, titled, “Responding to COVID-19 amidst Market and Government Failures”, delivered by Professor...   Read More

Input-Output Transactions Table (IOTT) is the matrix representation of a nations or a regions economy, and is used to analyse the inter-industry relations therein, depicting how the output of one industry is used as input in other industries, thereby making each industry dependent on other industries both as an user and as a supplier. It,...   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. Latest Issue: July 2022 Previous Issues: June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 December...   Read More

A government job with its benefits and safety net is an aspiration for most Indians. Any perceived rollback in such employment opportunities is bound to fuel anxiety. What is surprising about the protests is that the government appears to be surprised that there should be any protest. To appreciate the anguish underlying these protests we...   Read More