While the short-term policy stance appears quite complex, it is important to recognise that short-term remedies do not work if…
If gaps between procurement and issue prices widen, given the current inflationary conditions, the subsidy bill should be much greater…
The agricultural sector trilemma of keeping input prices low, farm level prices high, and consumer prices low, has always been…
The extent to which demand is met by imports is not easy to assess, except for some categories of goods.…
In the absence of easy access to new technologies, the need to increase supplies without having to raise the basic…
The only way in which there can be consistency between FRBM targets and excluded expenditures is if we get higher…
Only a stable expenditure path that can be sustained through revenues from high growth can ensure that the fiscal position…
The key challenge facing Indian policymakers over the last two years was the management of supply shocks. The food sector,…
Financial market volatility is back again. This time too, it is not scandals but real market risks that have led…
Significant difference in the levels of economic performance across regions is a source of instability as much as it is…
India’s public sector accounts for about 23% of GDP today, down from its share of a quarter in 2000-01. Even…
It is also not very clear that we need pro-sector policies for expansion. A neutral position may also let promising…
The shifting composition of the economy towards services may have made it less vulnerable to energy price shocks
Can those who invest in developed states be lured to less developed states just as they were lured by less…
The debate on whether India’s current growth phase has been ?inclusive? or ?lopsided? will remain unresolved because the extent of…
Inflation in 2006-07 was fuelled by the rise in prices of primary articles, even though the prices of manufactured products…
The last couple of years were marked by an apparent disconnect between the real and financial sides of the Indian…
There are many things that have changed in India?s economic landscape in the two-and-a-half decades of accelerated GDP growth. One…
