An autonomous research institute under the Ministry of Finance

 

Ideas of India: Libertarianism by Necessity

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10/08/2020

Shruti Rajagopalan talks to Ajay Shah about when a market failure justifies state intervention
 
Ideas Of India is a new podcast where Mercatus Senior Research Fellow Shruti Rajagopalan examines the academic ideas that can propel India forward. You can subscribe to the podcast on Apple,

The Indian corporate bond market: From the IL&FS default to the pandemic

08/08/2020

(Co-authored with Harsh Vardhan)

 

The banking sector is the most important financial intermediary in India’s debt market. Over the last few years the bond market has emerged as an alternative to the banking sector especially for the top rated firms. This trend has been pronounced ever …


Child Budgeting During COVID-19: The Case of Indian State of Karnataka

06/08/2020

(Co-authored with Lekha Chakraborty)
 
Extraordinary times require extraordinary policy responses.
 
This blog explores the efficacy of ‘child budgeting’ in public financial management (PFM) to deal with the COVID-19 pandemic. We argue that this should be an essential component of government fiscal responses. Globally …

Rethinking work, home and office

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28/07/2020

When the pandemic subsides, some of the old ways will return, but a significant change in the organisation of work is likely to remain. Real estate faces important shifts. In this article, we speculate about how this might pan out. Interaction-intensive consumer-facing services will demand less real estate. The …

Pricing education: An example from Uttar Pradesh

22/07/2020

(Co-authored with Shubho Roy)

 

School shutdowns across the country have sparked disagreements between parents and schools about fees. Parents filed a plea in the Supreme Court seeking more time to pay schools due to COVID-19. The Supreme Court refused to hear the petition, arguing that it …