वित्त मंत्रालय के तहत एक स्वायत्त अनुसंधान संस्थान

 

Bibek da: An economist of towering simplicity and great learning

04/11/2024

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His towering simplicity is revealed in his final writings, when he analysed the transient nature of his achievements.

 

Bibek Debroy -- multi-faceted genius, renowned economist and Padma Shri awardee -- is no more. Bibek da, as most economists in the Lutyens' Delhi used to call him, leaves behind a profound legacy ...

Economics Nobel winners sought to answer the question why some nations lag others

24/10/2024

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The novelty in their work is the way they put 500 years of statistical evidence to show that the quality of institutions determines success. Democracies have a better chance of getting rich. China, however, remains an enigma which doesn’t fit this explanation.

 

The Nobel Prize in Economic Sciences for ...


RBI’s monetary policy prioritises global economic headwinds

10/10/2024

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MPC has given relative significance to global headwinds and uncertainties. Therefore, a sudden reduction in rates is not feasible when inflation expectations are elevated. The catch, however, is high rates complicate public debt management. 

 

Against the backdrop of geopolitical uncertainties and poly-crisis, the 51st RBI Monetary Policy Committee ...

The Imminent Transition towards Competitive Federalism

05/09/2024

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Against the backdrop of recent Union Budget 2024, there is a transition in the framework of intergovernmental fiscal relations from Cooperative federalism to competitive federalism . Quite contrary to the expectations that 16th Finance Commission will look into these Centre-State financial relations, in the recent Union Budget, the Finance Minister has ...

The Maze Matrix for Labour in India

09/08/2024

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(Co-authored with Pulkit Kumar Sharma and R. Kavita Rao)
 
In the last few years the functioning of the economy in the physical space is increasingly being supplemented and complemented by a rising number of interactions facilitated in the virtual space through what could be conceived as exchanges (or platforms ...