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Opinion: Sonalde Desai: Population growth and the changing geographic and generational balance of power The United Nations estimates that the world population will reach 8 billion on November 15, 2022. Our minds had barely wrapped around a global population of 7 billion in 2011, and now, only 12 years later, we are looking at a...   Read More


  • How to go about auctioning public assets

    Focussing on short-term revenue maximisation can hurt long-term welfare. Auctions must be redesigned to meet a wider set of goals. Since the last decade the auction of key public goods has emerged as yet another important tool in India for resource mobilisation. As a result the auction mechanisms are increasingly being designed to maximise revenue....   Read More

  • Business confidence fell 15% across industry in Sep quarter: NCAER survey

    Business confidence across the industry declined in the September quarter over the previous three months due to an all-pervasive worsening of business sentiment said a survey by economic think tank NCAER on Monday. NCAER's Business Confidence Index (BCI) an indicator of business sentiment across Indian industry stood at 103.1 in the second quarter of 2019-20...   Read More

  • We need a timebound mechanism to transition to a clearer land titling system

    We need a timebound mechanism to transition to a clearer land titling system The Indian macroeconomic slowdown is perceived as being structural in nature. One of the key suggestions being made is that India needs to carry out factor market reforms including those of land markets. In this article we make a specific policy recommendation...   Read More

  • Minding the gaps in India’s data infrastructure

    The national discourse can ill-afford the danger of being hijacked by the poor quality of data. Last week demographers from around the world gathered in Delhi to mark 25 years of National Family Health Surveys (NFHS). It was both a celebratory and sombre moment. Policymakers and researchers celebrated tremendous achievements of four rounds of the...   Read More

  • ‘Innovative’ model of idol immersion in Delhi that avoids the Yamuna, But are we still in murky waters?

    Breaking away from the age-old tradition of immersing idols in rivers such as Yamuna this year set a new trend in Delhi. Following the directive of the National Green Tribunal-appointed committee idol immersion in the Yamuna this Dussehra was largely avoided albeit reluctantly by the ritual loving public. Instead the idols were immersed in artificially...   Read More

  • Opinion | An inclusive strategy for India to revive its economic growth

    Putting more money in the hands of the poor who have a high propensity to consume should be the aim of our fiscal policy. Abhijit Banerjee Esther Duflo and Michael Kremer have just been awarded the 2019 economics Nobel for their work on combating poverty. Banerjee Raghuram Rajan and others have also underlined the seriousness...   Read More

  • Smog does affect health but there is no data on the problem’s magnitude

    While we do not question the basic premise that air pollution has adverse health impact we are sceptical about the figures quoted and the methodology adopted in estimating the cost. In the past three years several studies have linked air pollution with health effects. For instance the State of Global Air 2019 published by the...   Read More

  • The best way to reform India’s architecture of fiscal federalism

    On 29 July 2019 the government amended and added to the terms of reference (TOR) of the 15th Finance Commission (15th FC) asking it to “... examine whether a separate mechanism for funding of defence and internal security ought to be set up..." The amendment has been interpreted as an attempt by the Centre to...   Read More

  • The great water paradox

    India’s relatively wet climate offers hope even in today’s dire situation. What is needed is the enforcement of programmes aimed at conserving our most precious resource Water water everywhere/ Nor any drop to drink.” These words from an evocative poem by the famous 18th century English poet Samuel Coleridge echo the helplessness of a harried...   Read More

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