Opinion: Udaibir Das. From risk management to catalysts for growth. Following the Asian and 2008 financial crises, financial stability became the bedrock on which modern market-based financial systems were designed to withstand shocks. This shaped how central banks globally managed systemic risks, with many, especially in advanced economies like the Bank of England and Sveriges... Read More
Opinion: Saurabh Bandyopadhyay and Laxmi Joshi. Despite making significant contributions and accounting for a large share of the workforce, women’s concerns and interests are frequently disregarded. India is second only to China in fish production. In 2022-23, India produced around 18 million tonnes, accounting for 8 per cent of global production. About 32 per cent... Read More
Opinion: Poonam Gupta. Odisha, India’s eleventh largest state by population and fourteenth largest by size of economy, has come a long way during the last two decades. At nearly $ 100 billion, if Odisha were a country, its economy would be larger than Tanzania, Sri Lanka or Ghana. The growth momentum has been evident across... Read More
Opinion: Barry Eichengreen. HONG KONG – The gap between productivity growth in the United States and Europe paints a stark and, for Europeans, depressing picture. In the two decades since 2004, US productivity growth, as measured by the value of output per hour worked, has been more than double that of the eurozone. Whereas eurozone... Read More
Opinion: G C Manna. While the methodology for the Household Consumption Expenditure Survey is more refined now, the survey needs to address some methodological challenges. The National Sample Survey (NSS) Office released the key results of the Household Consumption Expenditure Survey (HCES) 2022-23 in late February. These primarily include all-India estimates of the average household... Read More
Opinion: Sanjib Pohit and Chetana Chaudhuri. EVs’ growth may suffer due to problems of battery availability and disposal, just as biofuel has been hit by feedstock constraint. E-mobility seems to be the buzzword in India now. Almost every other day, some news comes out on how much progress India has made in the use of... Read More
Opinion: C.S. Mohapatra. The aggregation of personal and financial data through fintech platforms presents an attractive target for hackers, leading to concerns over data privacy and security. The digitalized payment landscape, while making transactions more efficient and cost-effective, has unintendedly heightened the risk of cyber frauds and personal data misuse. Cybercriminals exploit vulnerabilities in the... Read More
Opinion: Bornali Bhandari and Ajaya K Sahu. There are no win-win options here as all of them involve trade-offs. Policy makers must strike a balance. A universal social security system is perhaps the best option to protect gig workers. The Code on Social Security, 2020 defines gig worker as a “person who performs work or... Read More
Opinion: Laxmi Joshi and Saurabh Bandyopadhyay. Given the current and anticipated changes in dietary choices, livestock and fisheries present a distinct opportunity for growth. Both rural and urban populations’ consumption patterns are shifting, according to NSSO statistics. Based on the amount and pattern of consumer expenditure surveys (many rounds), data on monthly consumption expenditure per... Read More
Opinion: Laxmi Joshi and Saurabh Bandyopadhyay. The agricultural sector in India has made significant progress since gaining Independence, thanks to technological advancements and government interventions. The Green Revolution, in particular, played a crucial role in increasing food grain production by three times, demonstrating the importance of science and technology in the growth of agriculture. Today,... Read More
Opinion: Udaibir Das. Could a continental consensus work as Africa’s ultimate bargaining chip? In the heart of Africa’s economic crucible, a seismic shift is underway. The continent’s leaders, weary of a global public and private financial architecture that has long failed them, are now wielding their collective voice as a potent weapon. As the world... Read More