Opinion: Barry Eichengreen. There is now a conventional narrative in the markets about the short- and medium-term prospects of the dollar. In the short run the dollar will continue to strengthen, as an unprecedented confluence of domestic and foreign forces push it up. Foreign exchange traders are focused on Donald Trump imposing tariffs on his... Read More
Opinion: Sanjib Pohit. Not factoring in climate risk will cost cities dear. India is one of the fastest growing economies in the world. According to EY forecast, India is expected to be a $26 trillion economy (in market exchange terms) by 2047. The per capita income is expected to increase to $15,000, putting the country... Read More
Opinion: Poonam Gupta. During his post-monetary policy media interaction last week, RBI Governor Shaktikanta Das declared that the central bank has paused, not pivoted. After raising interest rates by a cumulative 250 bps, in six consecutive meetings during the period May 2022-February 2023, the RBI decided to keep the policy rate unchanged in its first... Read More
Opinion: Reshma Roshania. Misdirected. Instead of ‘Big Food’ focus, farmers must be empowered to make millets a vital part of food schemes. India is at the forefront of an exciting movement to promote millet consumption. Having successfully proposed 2023 as the International Year of Millets to the United Nations, India has positioned itself as the... Read More
Opinion: Saurabh Bandyopadhyay, Nijara Deka, Palash Baruah, Laxmi Joshi, and Falak Naz. India is achieving significant strength in the allied space of agriculture. Fishery, dairy, and livestock are the areas of livelihood support for the millions. Moreover, India’s nutritional and food securities are deeply rooted in this sector. Among the allied activities of agriculture, the... Read More
Opinion: Udaibir Das. Dramatic changes should not undermine globally accepted standards. While the world is preoccupied with the stability of the western banking system, China has been busy overhauling its financial regulatory architecture. The dramatic changes are China’s fourth major reform in the past two decades, bringing the financial regulatory system under the tight, centralised... Read More
Opinion: Bornali Bhandari, Laxmi Joshi, Ajaya K Sahu and Shish Pal Bansal. Though the government has been running a Sub-Mission on Agricultural Mechanisation since 2014, a comprehensive database of farmers’ usage of farm machinery isn’t available. Ownership of power farm equipment in India is low. The recently released NCAER White Paper on ‘Making India a... Read More
Opinion: Anupma Mehta and Sanjib Pohit. There is a need for community-based approaches for resolving the water crisis and liberating women from the task of fetching it India accounts for 18 per cent of the world's population, but holds only 4 per cent of its water resources, making it one of the most water-deficient regions... Read More
Opinion: Ajaya K Sahu and Bornali Bhandari. As India increasingly urbanises, it has become important to measure its economic parameters, not only at the aggregate level but also at the disaggregated level. The literature review suggests that there are differences across city tiers. However, we find that the current statistics simply do not capture the... Read More
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
Opinion: Sonalde Desai. The key is to not put all eggs in the single basket of state-led programmes and to ensure that other spaces for women’s activism are preserved. The vibrancy of the Indian women’s movement is acknowledged worldwide. However, its gradual transformation has received much less attention. Over the years, its thrust has moved... Read More