Indian Economy

Indian Economy

Issue Articles

What is Happening to Rural Welfare, Poverty, and Inequality in India?

An analysis of the draft NSO report that the Government has decided not to put out shows a deterioration in 2017-18 in consumption and poverty levels in rural India. The reasons may be the demonetisation of 2016 and the shoddy introduction of GST in 2017.

What Should We Do About the Indian Economy?

A Wide-Angled Perspective
In the absence of structural reforms for transformative growth, a rural-led growth strategy is the only option for economic revival at this point of time. Growth may be slower but it will be sustained. Supply-side measures like corporate cuts will not help.

Understanding India's Jobs Challenge

Unemployment today is at an all-time high but that is not the only challenge in jobs: more and more workers are withdrawing from the labour force, the wages of casual workers are below a reasonable minimum, and regular workers are largely without a contract.

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.

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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