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Back to the public sector?
03/01/2020
Of the Rs 102 trillion to be deployed through to FY25, 78 per cent is to be mobilised by the public sector and 22 per cent by the private sector.
Implementing a recent announcement, the Ministry of Finance released the National Infrastructure Pipeline Report (NIP). …
(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, …
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 …
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; …
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 …