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Demonetisation, cattle slaughter ban, and India's cyclical agrarian crisis

In this article, Parag Waknis discusses why India’s rural economy is always on the precipice of crisis, and how the recent shocks of demonetisation and cattle slaughter ban exacerbated the crisis by d...

  • Perspectives

What does the new IIP series tell us about the state of manufacturing in India?

In May 2017, the Central Statistics Office released the new series of the Index of Industrial Production with 2011-12 as the base year, after a comprehensive revision of computation methods. The serie...

  • Articles

Midday meals scheme: Are corruption claims exaggerated?

Soon after Aadhaar was made compulsory for availing midday meals in schools, the government claimed that the move had helped expose several instances of schools siphoning off funds under the scheme by...

  • Articles

Health policy and economic growth in India

A new synthesis paper (Menon 2017) produced by the International Growth Centre brings together evidence from various health-related IGC studies on India undertaken over the past seven years, to draw i...

  • Perspectives

The economic and political consequences of India's demonetisation

The ruling party at the centre won the Uttar Pradesh state election despite its demonetisation policy having some negative economic impacts on the Indian economy. By combining primary data from survey...

  • Articles

Star power: Rating industries in Maharashtra by emission levels

Maharashtra Pollution Control Board recently launched a programme to rate industries based on their emission levels – the first such initiative by a government regulator. An easy and accessible way t...

  • Perspectives

Does political background of leaders matter for development?

The objective of this paper is to investigate whether a legislator's political background matters for development/provision of public goods. This project studies this issue at the sub-national level i...

  • IGC Research on India

Towards financial prescription

The Securities and Exchange Board of India has proposed that the distributors of mutual funds should only be allowed to sell financial products and not act as financial advisers for customers. Drawing...

  • Perspectives

India's slum leaders - I

India’s demographic shift to cities has been accompanied by a number of pressing governance and developmental challenges, among the most serious of which is the rampant spread of slum settlements. Wit...

  • Articles

Why 'free' speech is not always 'costless'

A recent CBI raid at the premises of the owners of NDTV has sparked off yet another round of debates about freedom of the media, the spectre of authoritarianism, and freedom of expression in India. In...

  • Perspectives

Off-grid solar power and the future of rural electrification in India

Off-grid solar power is a potential alternative to grid extension in rural electrification. This column reports results from a recent experiment with an off-grid lighting intervention in Uttar Pradesh...

  • Articles

How much public debt is too little?

Virtually the entire literature on public debt is focussed on determining how much is too much, beyond which it becomes a systemic threat to the economy. In this article, Pronab Sen outlines some of t...

  • Perspectives