An autonomous research institute under the Ministry of Finance

 

Macroeconomics

What distinguishes welfare measures from freebies?

25/02/2020

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[ In conversation with Jayant Sriram of The Hindu. ]

Adequate fiscal space and socioeconomic context should be the basis for welfare policies

There is an overwhelming consensus that a slew of welfare policies initiated by the Aam Aadmi Party (AAP) government in its previous term secured the party’s victory in the ...


Structural reforms needed to fix CAD challenges

14/09/2018

India is currently facing challenges in the management of its external account, reflected in worries about rupee depreciation, and concerns about the current account deficit (CAD). 
 
India’s CAD is structural. Growth is not driven by exports. Domestic growth drivers - investment, and in recent times, consumption - are import intensive ...

WTO is the Phoenix in the New World Order

02/08/2018

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(This blog post was originally prepared for the External Services Division of All India Radio, Ministry of Information and Broadcasting, Government of India. Broadcast on August 2, 2018, All Units. http://airworldservice.org/ )
 
Do the recent retreat of globalization; US President Donald Trump’s protectionist policies, the US-China trade war ...

India Beats France in GDP: What does it mean?

17/07/2018

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(This post was originally prepared for External Services Division of All India Radio, broadcast on July 14, 2018.)
 
As per the World Bank figures for 2017, India has become the world’s sixth-biggest economy, after US, China, Japan, Germany and UK. India has pushed France to the seventh place. India’s ...

GDP


The US–China Trade War Conundrum

25/06/2018

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(This was originally prepared for External Services Division of All India Radio, broadcast on June 25th 2018.)
 
The adverse trade relations between US and China are increasingly becoming a global irritant, especially when security and trade issues are hard to disentangle in the contemporary global scenario. The trade ...