January 07, 2019
Rafale of rhetoric, indefensible delays
The delay in acquisition of Rafale jets represents systemic sloth.
January 03, 2019
Political Lessons for 2019 from 2018
The debacle in the three states of Madhya Pradesh, Rajasthan and Chattisgarh altered the political hues and the colours on the political map of India
January 02, 2019
Palanpur, a fascinating story of income growth, social change
The research on Palanpur tells us that thick data from ethnographic or microeconomic studies can also tell policymakers a lot
January 02, 2019
The Faustian bargain we have struck with ‘godless secularism’
When religion was forcibly ejected from the public sphere, what replaced it was a vacuum—a malaise or an ennui
December 20, 2018
Why expanding India’s direct tax net is relevant
India is trapped between nations that get a lot of foreign aid and the ones with strong tax collections.
December 18, 2018
Of big Government and poll verdicts
Political parties have erroneously come to believe, a la Mao or Mahalanobis, that big government is the cure for ills afflicting the political economy.
December 13, 2018
India -- retreat of liberal economics
New central bank chief will likely bring less independence and more obedience to Modi's policy demands.
December 12, 2018
What the Urjit Patel resignation episode tells us
The Urjit Patel resignation episode is by itself not going to change India’s economic trajectory.
December 10, 2018
Peter buys PSU, pays Paul to plug deficit
The government is stripping cash from productive public sector entities to bridge the gap between revenues and galloping expenditure.
December 05, 2018
MPC should take rate hikes off the table
The current combination of benign inflation as well as slower economic growth means that there is no reason at all for the MPC to increase rates this week.