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Do Gram Panchayat leaders favour their own constituencies in MNREGA fund allocation?

Political incentives are known to play a role in the allocation of public resources from upper- to lower-tier governments. This column seeks to examine whether ruling parties in local governments favo...

  • Articles

Demonetisation: Some very counterintuitive effects in practice

Due to demonetisation, holders of black money lose if they cannot exchange their notes or sell these in the black market. It is widely reasoned that this implies an equal financial gain for the public...

  • Perspectives

Will demonetisation lead to a protracted economic slowdown?

In this article, Pandey and Sengupta argue that the impact of the contractionary demand shock triggered by the note ban will gradually radiate from cash-intensive activities to virtually every sector ...

  • Perspectives

Governance performance of Indian states: 2001-02 and 2011-12

Defining governance as service delivery, this column develops a measure of the quality of governance – also adjusting for the impact of the level of development - and provides a ranking of major India...

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The devil is in the details: Successes and limitations of bureaucratic reform

To address absenteeism among staff at public healthcare facilities, the government of Karnataka introduced an innovative biometric device to monitor and enforce attendance rules. This column presents ...

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Riding the energy transition: Oil beyond 2040

The motor vehicle was very quick to replace horses in the early 20th century, and the advent of the electric car suggests that another profound shift in transportation and energy could be around the c...

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Land acquisition law: The buck stops with the states

Some believe that by encouraging states to enact their own versions of the land acquisition law, the central government is diluting the law. In this article, Dhanmanjiri Sathe, Professor of Economics ...

  • Perspectives

Is the structure of Indian manufacturing geared towards job creation?

Government of India has envisaged adding 100 million jobs in manufacturing by 2022. This column finds that the structure of the country’s manufacturing sector is misaligned with the objective of job ...

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How did de-reservation of small-scale industry affect employment?

To protect small, labour-intensive manufacturing enterprises and boost employment, the Indian government reserved certain products for exclusive production by such enterprises. This policy was gradual...

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The demonetisation boondoggle

In this article, Amartya Lahiri, Professor of Economics at the University of British Columbia, argues that all public policy must rely on a clear-headed cost-benefit analysis and the recent demonetisa...

  • Perspectives

why demonetisation?

In this article, Sarmistha Pal, Chair in Financial Economics at the University of Surrey, examines whether the current government’s stance in tackling black money has significantly differed from its p...

  • Perspectives

Demonetisation and agricultural markets

In this article, Aggarwal and Narayanan contend that demonetisation alone cannot turn agricultural markets cashless. Such a shift would require sustained and focussed effort to expand the reach of for...

  • Perspectives