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
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
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 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
This paper describes disease and economic surveillance during COVID, along with the uses of that surveillance, and lessons learned about the pandemic from that surveillance. It ends with policy suggestions on how to gather intelligence during the next pandemic in India and how surveillance informs suppression policy. Important themes that I stress are the value... Read More
This paper examines the effect of tradable services growth on non-tradable services across Indian districts. We use a shift-share “Bartik-type” instrumental variable, that relies on changes in foreign demand shocks for tradable services, weighted by the initial district employment shares in tradable services. Using multiple rounds of the Indian Economic Censuses, we find that an... 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
Data on access to credit in rural India is mostly available from periodic large-scale surveys and some primary research in different parts of India. The growth of institutional sources of credit was quite dramatic during the first four decades after Independence. There appears to have been a regression since then. There is some evidence to... 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