An autonomous research institute under the Ministry of Finance

 

Macroeconomics

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 …

Cost of compliance for clinical establishments

04/09/2017

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[Co-authored with Manya Nayar]

 

The Clinical Establishments (Registration and Regulation) Act, 2010 (Clinical Establishments Act) is facing resistance from the medical fraternity. The Indian Medical Association claims that the law will cause an increase in the cost of treatment and adversely affect small …


Replacing FIPB with Standard Operating Procedure not enough

13/07/2017

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[Co-authored with Radhika Pandey and Sumant Prashant]

 

Foreign investment into India has always been heavily regulated, requiring approvals from various government ministries. Post-liberalisation, a need was felt to create a single window for foreign investors applying for such approvals. As a result, the Foreign …


Issues with the regulation of Information Utilities

13/07/2017

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[Co-authored with Prasanth Regy, Renuka Sane, Anjali Sharma, and Shivangi Tyagi]

 

The Insolvency and Bankruptcy Code, 2016 (IBC) provides for the speedy resolution of insolvency. The process described in IBC hinges on the assumption that information will be easily accessible to the parties involved. …


MGNREGA: Has Direct Fiscal Transfer provided more jobs to women?

03/07/2017

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[Co-authored with Yadawendra Singh]

 

Globally, a direct employment transfer - a job guarantee programme - is an “employer of last resort” fiscal policy, which envisions the government bearing a guarantee to provide paid work opportunities of predictable duration at a predetermined wage for public …