Economy

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.

India's Farm Crisis: Decades Old and with Deep Roots

The crisis in Indian agriculture today is not a new one; it goes back many years. Therefore, the problems of farmers cannot be addressed by the band aids of higher MSPs and cash transfers. An analysis of the causes and an outline of what needs to be done.

Fiscal Federalism in India

Who Should do What?
There have been landmark changes in the framework for centre-state fiscal relations in recent years. What do these hold out for the future of relations between the union and the states?

The Employment Question in India

Politics, Economics, and the Way Forward
The jobs question is begging for answers from the polity. Here an agenda for dealing with urban unemployment, in particular. A key element could be investment in universal basic services. It is all doable provided we are not prisoners of fiscal orthodoxy.
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