Economic Studies
Nehruvian Rate of Growth

India unveiled its new pan-India Consumer Price Index (CPI) in February 2012. With the release of the index figures for January, it is possible to compute annual inflation rates based on the new all-India CPI. The headline inflation rate based on thi

India’s Stalled Reforms

Conventional wisdom would dictate that the weakening of hard-line communist parties in recent state elections should have been a boon for the country’s reform agenda. But these polls have also reaffirmed the importance of regional parties, which re

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