April 3, 2020

April 3, 2020

Issue Articles

In Search of a New Theology

Fiscal Fundamentalism and Illusion in the Union Budget, 2020-21
The Coronavirus outbreak calls for a major stimulus by the Government to rescue an already sagging economy. But the 2021 Budget was itself premised on fiscal conservatism and had made unrealistic revenue projections, whose weak basis now stands exposed

The Continuing Relevance of MGNREGA

For more than five years the Government has been lukewarm towards the MGNREGA. Yet, in the midst of the ongoing slowdown this very programme is a potentially effective instrument that it can and should use to address the economic emergency in rural areas.

Coping with the Coronavirus Pandemic

Are Indians Safe?
India must act now to prevent a spike in coronavirus transmission that could quickly overwhelm its weak health systems. Cooperation between union & state governments, increased testing and evaluating the social & economic consequences of lockdowns are crucial.

What Makes for Economic Growth Persistence?

‘India needs to build quality institutions of the kind that have been associated with the dynamics of growth in the high productivity countries. This also means that India needs to focus on creating constituencies and coalitions for institutional reform.’
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