Economy

Economy

Issue Articles

More Evidence of Overestimation of India’s GDP Growth Rates

A distinct exercise to validate the official estimates of India’s GDP growth during the years 2011-12 to 2017-18 finds that there was an over-estimation in the new series, similar to the conclusions of other critiques of the CSO's numbers.

The Disruptive Politics of Renewable Energy

In making the shift to renewable energy, India has to manage the disruption of long-standing institutional and political arrangements in ways that enable clean energy in a sustainable manner.

Who is Afraid of the Exchange Rate?

History, Geography and Some Contemporary Issues
How do we measure the exchange rate? Why do we not have a fixed exchange rate which would make life simpler? Why does the US dollar enjoy a near-supreme power? Why has the value of the Indian rupee steadily fallen? Some questions and many answers.

The Mirage of Modinomics

Over-promise and under-deliver has been the story of the Narendra Modi government's management of the economy.

Poverty in India

Are we just finding what we measure instead of measuring what we find?
Contrary to appearance, measurement of income (or ‘money-metric’) poverty – by failing to be transparent about the assumptions and values informing it – can serve the purpose of apologetics.

What Happens when Capital Evades the Nation

The new politics in Europe and the United States of whipping up hate of the outsider in the name of nationalism has its roots in the tensions between global and local capitalism.

Make in India: Why didn't the Lion Roar?

“Make in India” has failed to meet its objective of turning industry around. The government has seemed more concerned with improving India’s rank in the spurious Ease of Doing Business Index, which anyway did not result in higher investment.
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