Economic Growth

Economic Growth

Issue Articles

Indian Banking Reforms

Talking Tokyo, Looking London?
With most of India’s attempts to reform its financial sector rolled back post demonetisation, the country could soon be facing a possible solvency crisis amongst state-run banks. The government must quickly return to its early reforming zeal.

Comorbidities of the Indian Economic Recovery

The comorbidities of falling investment, exports, and consumption will make recovery look like the Nike swoosh logo: a flat and protracted recovery. A series of measures, including a rebuilding of trust, are required for sustained economic growth.

What Would Make India’s Growth Sustainable?

Supply-side measures to revive the economy run the risk of ending up in short growth bursts that are also not inclusive. A policy that pushes domestic demand, especially in rural India, is a better strategy for sustained growth.

Debt and Welfare In A World of Pandemics

Drastic times call for radical measures. Falling tax revenues call for an increase in borrowings by the central government to help states. A failure to do so now could have a negative impact on the revival of economic growth in the future.

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.
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