Main Banner Image

How does monetary policy transmission happen in India?

Central banks leverage monetary policy instruments to control the supply of money in the economy, which in turn influences economic outcomes through various channels. Analysing Indian data from 2001-2...

  • Articles

India at work: Challenges and the road ahead

While India’s economy experienced steady growth over the last 20 years or so, the growth in employment has not kept pace and key challenges remain to the creation of good-quality jobs. In this post,...

  • Perspectives

Why next-generation economic reforms are crucial for reviving investment

While corporate profitability and banks' lending ability have been on the rise for some time, corporate investment remains sluggish. In this post, Gupta and Sachdeva argue that investment levels of In...

  • Articles
Refine list by:
--Please Select--
--Please Select--

Interim Budget 2019: Rising fiscal deficit in a 'booming' economy

In this article, Rajeswari Sengupta analyses various nuances of the recently announced Union Interim Budget, including the deviation from the targeted path of fiscal consolidation. In a world of Aadha...

  • Perspectives

How tax incentives influence household financial saving

Indian households tend to hold a high fraction of their wealth in non-financial assets such as real estate and gold. Tax policy has been used to incentivise saving in financial assets and encouraging ...

  • Articles

Rapid Response on Setting Commercial Tax Targets

The project was carried out on the request of Principal Secretary, Department of Commercial taxes, Government of Bihar. It demonstrates what needs to be done to set district-wise commercial tax target...

  • IGC Research on India

India’s national policy framework on e-commerce: Issues and concerns

In July 2018, India released a draft national policy framework on e-commerce among its stakeholders. The ensuing debate led to the government announcing a revised draft policy. In this post, Rahul Cho...

  • Perspectives

Nobel laureate Paul Romer’s contribution to endogenous growth theory

What motivates people like Steve Jobs to spend time, money, and effort in developing new ideas despite the implicit hazard that ideas can easily be copied later? In this post, Mausumi Das contends tha...

  • Perspectives

Demonetisation’s multiple failures

With 99.3% of banned currency returning to the banks, it is clear that demonetisation’s primary objective of nullifying ‘black money’ was not achieved. In this post, Dr Renu Kohli contends that ...

  • Perspectives

The missing profits of nations

Between 1985 and 2018, the global average statutory corporate tax rate fell by more than half. This article uses new macroeconomic data to argue that profit-shifting is a key driver of this decline. C...

  • Articles

The online marketplace as a source for price data

The Indian e-commerce industry is set to grow at over 30% over the next decade, potentially making the online market a repository of information related to some key parameters of the economy such as i...

  • Articles

Discom losses: Should power tariffs be hiked?

India has accomplished its cherished dream of emerging as a power-surplus economy but the capability is yet to be complemented by efficient performance of power distribution companies, the majority of...

  • Perspectives

Global financial crisis and India: A look at the decade gone by

The crisis that emerged in the US subprime mortgage market this month 10 years ago, not only engulfed the country’s financial system but the entire global economy. In this post, Vikas Dimble and Nal...

  • Perspectives

Community networks and the growth of private enterprise in China

China has witnessed the same degree of industrialisation in three decades as Europe did in two centuries – without the preconditions that are generally believed to be necessary for economic developm...

  • Articles

The challenge of identifying economic activities of firms

The reliability of India’s GDP estimates has been debated extensively. A key challenge in the construction of macro-aggregates lies in the proper identification of firms’ economic activities as fi...

  • Perspectives

Recent Contributors

Santosh Kumar

Santosh Kumar Dash

Institute of Rural Management (IRMA)

Joyal P.

Joyal P. Joseph

Gulati Institute of Finance and Taxation (GIFT), K

Nalini

Nalini Gulati

Editorial Advisor, I4I

Kanika

Kanika Mahajan

Ashoka University

Anisha

Anisha Sharma

Ashoka University

Ananyo

Ananyo Brahma

University of California, Santa Cruz

Shishir

Shishir Gupta

Centre for Social and Economic Progress (CSEP)

View all Contributors

Most Popular Macroeconomics Posts

Land in India: Market price vs. fundamental value

The Real Estate (Regulation and Development) Bill, 2015, is focused on protecting the few home buyers who can afford to buy homes but does not address the issue of high land prices, which is a very se...

  • Articles

Land records and titles in India

Land ownership is broadly determined by access to a land title, which protects the rights of the title-holder, and impacts livelihoods, and industrial, economic, and social growth. However, land title...

  • Perspectives

Understanding the dynamics of the rupee-dollar exchange rate

Since 1993, the Indian rupee (INR) has officially been following a market-determined exchange rate – price is determined by demand for and supply of foreign exchange – with intervention by the Res...

  • Perspectives