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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


  • Honour Jaitley’s grand bargain on GST compensation for states

    The Centre should uphold its end of the deal with states as it would not only be more efficient but also help foster federalism Opinion: Dr Sudipto Mundle The last thing India needed at this time when it is already facing crises on multiple fronts is friction in Centre-state relations. Yet relations between the Centre...   Read More

  • Deja vu on DFIs
    Deja vu on DFIs 16 Sep 2020

    The bank-led model of infrastructure financing is fraught with difficulties. But DFIs are not a quick fix. Opinion: Dr K P Krishnan It is reported that the government is working towards reviving Development Finance Institutions (DFIs) for funding infrastructure projects in order to address the rising challenges of infrastructure financing. In the past DFIs have...   Read More

  • Bearing Fruit: India’s growing horticulture edge

    Increased focus on horticulture crops will be a win-win formula: it will help increase farm income and support nutritional security Opinion: Tarujyoti Buragohain A remarkable but lesser-known fact about the National Horticulture Mission (NHM) is the crop diversification it has brought in.  The NHM a centrally-sponsored scheme was launched in 2005-06 with one of its...   Read More

  • Will there be a middle path for affordable COVID-19 vaccines?

    It is expected for COVID-19 vaccines to be classified as 'global public goods' given their development is being substantially funded by people's taxes Opinion: Palash Baruah and D L Wankhar  Unrelenting efforts to find a vaccine or vaccines to combat the novel coronavirus disease (COVID-19) are currently underway across the world. There has earlier never been...   Read More

  • Controlling emissions: Explicit carbon taxation needed, indirect taxation doesn’t help

    Although India does not have an explicit carbon tax till date it has an implicit or de facto carbon tax in the form of a coal cess since 2010. Opinion: V P Ojha and Sanjib Pohit Low-carbon inclusive growth (LCIG) as a strategy has been the hallmark of India’s vision on clean environment. This strategy is...   Read More

  • The journey of economic reforms

    It involve a choreographed dance of multiple institutions and individuals over long periods. Opinion: Dr. K P Krishnan Today’s policy announcement is typically yesterday’s thinking. Policies like ideas are usually path-dependent. “Aarthikam Chintanam” or “thought(s) on finance or economy” is a monthly column that will explore the evolution of economic policy ideas in India. The media...   Read More

  • Transportation infrastructure needs a major push

    If India doesn’t smooth the kinks and create a world-class infrastructure it can kiss its $5 trillion economy dream goodbye Opinion: Dr. Devendra B Gupta and Dr. Sanjib Pohit Developing transport connectivity across the country has been the endeavour of the Government since 2014. Indeed this is essential if programmes like Atmanirbhar Bharat and Make...   Read More

  • The long road to recovery that lies ahead for India’s economy

    Loose monetary and fiscal policies can’t be sustained for long and we need comprehensive structural reforms to drive growth Opinion: Dr Sudipto Mundle The coronavirus death toll in India has crossed 50000 and is still rising though at a declining rate. The growth in daily deaths has slowed from 20% in early April to less than...   Read More

  • Covid-19 and the resilience of our household economy

    The study noted that 79% households reported a fall in income with 29% of them left with literally no source of income. Opinion: Prabir Kumar Ghosh and Sumit Kumar For restructuring the Indian economy we need to strengthen the household economy. The National Council of Applied Economic Research and the Nossal Institute for Global Health...   Read More

  • Absorbing the COVID shock

    Studies reveal households self-employed in agriculture or engaged in salaried jobs fared better those employed in informal sector. Opinion: Prabir Kumar Ghosh and Sumit Kumar COVID-19 has now started sneaking into the hinterlands whose contexts happen to be drastically different from the large metros where the fight against the virus has mostly been concentrated so far....   Read More

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