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State finances: Why is Kerala different?
23/12/2019
Identifying innovative sources of financing the deficit is significant to maintain the high human development achievements of the state and also the growth-inducing capital infrastructure formation in Kerala.
Recent reports from RBI and Niti Aayog highlight the remarkable achievements of Kerala in education, health and nutrition; …
Violence against women: Beyond the rhetoric
23/12/2019
Violence against women is as much an economic policy issue as a social one. Macroeconmic policy, governance must set the standards for women’s safety.
Beyond online activism on #RapeinIndia remarks, it is high time safety and security of women in India receives serious bi-partisan priority. It …
(Coauthored with Lekha Chakraborty & MD Azharuddin Khan)
Given aspirational development agenda of the state, it is a challenge to maintain the stipulated growth path at 14-15% while adhering to fiscal rules by containing debt-GSDP ratio at 20%
The newest state of India, …
Demand, supply and growth slowdowns
06/12/2019
For India to complete its development transformation, a switch to a broad-based and more inclusive composition of domestic demand is of the first importance
There is an ongoing debate about whether the current slowdown reflects a demand- or supply-constrained economy. Analytically, this question is pertinent …
The Narendra Modi government has been facing criticism from most quarters over its handling of the economy, especially after the latest numbers showed that the official GDP growth rate for the July-September quarter has slumped to a six-year low of about 4.5%.
While the government has …