An autonomous research institute under the Ministry of Finance

 

Articulate an economic strategy

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10/05/2020

The country has been in lockdown mode since March 24, administered centrally by the Ministry of Home Affairs, using powers conferred under the National Disaster Management Act. The approach has thus far been an administrative one, the overarching aim being to minimise the spread of the epidemic. Subject to …

Coronavirus crisis: Little relief for the Indian economy

10/04/2020

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(Co-authored with Lekha Chakraborty)
 
Ex-gratia payments to women account holders PMJDY, poor widows, senior citizens and physically challenged persons are welcome steps, including free gas cylinders for Ujjwala beneficiaries.
 
The world is shut down to avoid a catastrophe. This has caused enormous damage …

Economic lessons of Coronavirus

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06/03/2020

The outbreak of the coronavirus epidemic is neither unprecedented nor intractable. However, its genesis in China, and its transitive impact on global economic activity, portend important lessons for economists.
 
Globalisation brings structural risks which have to be analytically recognised and addressed
 

Indo-US relations: Time to step up on trade and investment

05/03/2020

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(Coauthored with Emmanuel Thomas)

 

After US President Donald Trump’s visit to India, attention has shifted to the enormous bilateral defence deal worth $3 billion from the ‘deficits and tariffs’ debate in the India-US economic diplomacy discourse. His reiteration of India as a ‘tariff king’ was …


What distinguishes welfare measures from freebies?

25/02/2020

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[ In conversation with Jayant Sriram of The Hindu. ]

Adequate fiscal space and socioeconomic context should be the basis for welfare policies

There is an overwhelming consensus that a slew of welfare policies initiated by the Aam Aadmi Party (AAP) government in its previous term secured the party’s victory …