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Opinion: Bornali Bhandari and Laxmi Joshi.  Small farmers lack access to tools, as the tractor-dominated farm machinery sector suffers from demand, supply constraints India is simply not producing the sort of farm machinery that our small and marginal farmers want or can readily use at a price which appeals to them. Farm machinery comprises equipment...   Read More


  • As the US Fed tightens the asset purchases spigot once more, will India feel the heat?

    Opinion: Barry Eichengreen & Poonam Gupta The literature points to the importance of prior financial conditions (capital inflows and real appreciation in the pre-taper period) financial market structure (the size of financial markets) and select macroeconomic variables in explaining the differential impact of the taper announcement. Specifically countries more dependent on external finance prior to Ben...   Read More

  • Why PMAY-U fails to address India’s intrinsic housing problems

    Opinion: Prerna Prabhakar Despite a huge central assistance commitment of ₹1.8 lakh crore PMAY-U has not been able to achieve the desired goal of meeting the affordable housing demand and solve deep rooted issues associated with the housing market in the country. At a recent event Prime Minister Narendra Modi gave away keys to seventy five...   Read More

  • View: G20’s ‘historic’ global tax agreement endorsed on Saturday, like the city of Rome, won’t be built in a day

    Opinion: Mythili Bhusnurmath Sad truth is the only time G20 delivered on its promises was when interests of advanced economies were threatened after GFC — with urgency. Landmark historic pathbreaking — all these words and more have been used to describe the global agreement on corporate tax rates pioneered by the Paris-based Organisation for Economic Cooperation...   Read More

  • Who is my regulator?

    Opinion: K P Krishnan RBI's recent actions against auditors highlight the need for role clarity as well as coordination among regulators. The Reserve Bank of India (RBI) governor drew our attention earlier this week to the importance of accurate financial information for resource allocation market confidence and financial stability. Establishment and enforcement of accounting and audit...   Read More

  • Why Indian employment experience is anything like the ‘great American resignation’

    Opinion: Sonalde Desai and Santanu Pramanik First unlike Americans opting out of the workforce is not an option for most Indians. The existence of the vast informal sector offers refuge to employees pushed out of wage employment. Second this employment of last resort should not be taken to imply a robust recovery. Even as vaccinations soar...   Read More

  • India’s difficult transition from fossil fuels to net-zero emissions

    Opinion: Sudipto Mundle Challenges abound in reducing dependence on coal and oil but the greater use of gas in our energy mix could ease the way. Ironically the coal crisis has forced the Indian government to ramp up domestic production and imports of coal the dirtiest fossil fuel while the world focuses on net-zero carbon...   Read More

  • Full capital account convertibility: Will merits outweigh the risks?

    Opinion: Mythili Bhusnurmath RBI (not GoI) announcing a push towards CAC - widely seen as increasing the vulnerability of emerging market economies to global macroeconomic shocks - on the day the Global Hunger Index (GHI) showed India slip three ranks to fall below Pakistan Bangladesh and Nepal marks a seismic shift in India's macroeconomic policies. India...   Read More

  • Indian Education and Innovation Culture

    Opinion: Sanjib Pohit and Jaideep Ghosh In the latest Global Innovation India India’s rank is 46. The good news is that she has climbed 2 spots over the previous year’s standing and the performance is labelled as above expectations against the yardstick of the level of development. The bad news is that Asian countries like Malaysia...   Read More

  • Could inflation in developed countries have a spillover effect on India?

    Opinion: Poonam Gupta Overall the best way to keep prices competitive and inflation low in any economy is by ensuring efficient production structures resulting in low cost of production continuous innovation leveraging of scale economies better integration within domestic and with international markets and implementation of sustainable fiscal and monetary policies. Inflation is making a...   Read More

  • Women and mental health morbidities

    Opinion: Anupma Mehta Especially since the COVID-19 pandemic women have exhibited higher levels of depression and anxiety than men across nations and social classes On the occasion of the World Mental Health Day on October 10 it’s time to put under the spotlight issues pertaining to gender and women’s mental welfare. With the theme this year...   Read More

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