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Finance and growth in China and India: Have firms benefited from capital-market expansion?
Financial sectors in India and China are fast expanding. This column presents a new dataset on the capital-raising activity and performance of publicly listed firms in the two countries. It suggests ...
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Tatiana Didier
Sergio Schmukler
08 August, 2014
- Articles
How well does DBT work on the ground?
PM Modi has emphasised fast-tracking roll-out of the Adhaar-based Direct Benefits Transfer programme. In this note, Sweta Trayambak – who has worked with the district administration of Ramgarh in Jha...
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Sweta Trayambak
04 August, 2014
- Notes from the Field
India's WTO problem: A proposal
India is threatening to block the WTO Trade Facilitation Agreement unless its agricultural policies are exempted from multilateral scrutiny. This article contends that while India’s objectives on agri...
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Arvind Subramanian
31 July, 2014
- Perspectives
Colonial Origins of Restrictions on Land Transfer in India
Lack of access to credit is often argued to be an important determinant of poverty. This lack is often traced back to the poor not having collateral. This absence of collateral in turn has been linked...
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Anand Swamy
31 July, 2014
- IGC Research on India
Social Identity and Aspirations
The project is a field experiment in India that investigates whether the norms associated with one’s social identity affect one’s aspirations, beliefs, and eventual outcomes. Project exploits cues wit...
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Priya Mukherjee
31 July, 2014
- IGC Research on India
Squaring the poverty circle
An expert group headed by C Rangarajan has recommended a poverty measurement methodology for India. In this article, Deaton and Drèze argue that the method proposed by the expert group to set poverty...
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Angus Deaton
Jean Drèze
30 July, 2014
- Perspectives
Creating the climate for India's low-carbon growth story
The ‘Expert Group on Low Carbon Strategies for Inclusive Growth’ recently laid out a detailed roadmap for India to take on climate change mitigation proactively. In this note, Varad Pande – a member ...
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Varad Pande
28 July, 2014
- Notes from the Field
Impact of trade reforms on labour’s share of firm revenues
The decline in labour’s share of national income in recent decades – a potential cause of rising inequality – has coincided with an increase in world trade. This column analyses the impact of trade re...
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Reshad N Ahsan
Devashish Mitra
25 July, 2014
- Articles
Turning to the pharmaceutical sector for enhancing India-Pakistan trade
Various efforts have been made to normalise trade relations between India and Pakistan in the past few years; yet, several barriers remain. This column examines the trade potential in pharmaceuticals ...
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Devyani Pande
Manoj Pant
23 July, 2014
- Articles
Investment in Pakistan: Prospects and challenges for India
With the growing importance of India as a leading source of FDI in South Asia, and Pakistan’s liberal investment policies, there is great potential for Pakistan to attract FDI from India. This column...
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Samridhi Bimal
21 July, 2014
- Articles
Tell us what you really think: Measuring gender attitudes in Haryana
Changing basic gender attitudes may be crucial for alleviating discrimination against women and improving gender outcomes. This column describes a unique measurement tool developed by social psycholo...
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Diva Dhar
Tarun Jain
Seema Jayachandran
18 July, 2014
- Articles
The challenge of fulfilling aspirations
This year’s election is a watershed in Indian history. This editorial discusses possible reasons for the stunning defeat of the previous government. While there is no denying that the previous govern...
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Ashok Kotwal
15 July, 2014
- Perspectives



