Economic Studies
Rural Growth, Agricultural Reforms & RBI Monetary Policy in a High Systemic Risk Economy

When the RBI meeting of Monetary Policy Committee (MPC) in August commences, it would probably be the strangest voting decision. On one hand, RBI may be acutely sensitive to the diminished consumer confidence and risk aversion the pandemic and subseq....

Igniting Total Factor Productivity Growth in Indian Economy

For decades, India has looked upon China as competitor in the economic sphere and rightly so. Indian civilization has historically been an economic superpower for centuries ahead of China. It was inevitable in contemporary economic history that a gia....

Modi Calls upon the Indian Industry to ‘Think Big’ and Help Build Aatmanirbhar Bharat

Speaking at the 125th Annual Session of the Confederation of Indian Industry (CII), Prime Minister Narendra Modi called upon the Indian industry to take advantage of the unprecedented opportunities thrown up by the Covid-19 crisis and help build a st....

Math and effect of Modi package

Its explicit intent is to provide for the deprived and disturbed through direct fiscal spend from the budget. The Modi stimulus package is in three parts — direct government spend, bank credit, and rate cut and lending by RBI to banks. Mo....

Mission Aatmanirbhar Bharat: Decoding Self-Reliance and Charting the Road to Recovery

This article is based on the inputs and views of notable experts from Confederation of Indian Industry (CII) and Vivekananda International Foundation (VIF), expressed in a webinar organised by the VIF on May 25, 2020. The esteemed panel was modera....

Covid-19 package — World and India

Where there are six economists', said Winston Churchill quoting Barbara Wootton, “there are seven opinions or even more”. Churchill even chided the undoubtedly great economist John Maynard Keynes for giving him two opinions on every issue. Econom....

'Self-reliant India' is a Dynamic Concept, it will never remain static

When asked if India should woo companies currently involved in China, Gurumurthy said: In my view, India should just create the ecosystem in which those who want to leave China will look at us as the first option. China cannot blame India for someone....

Leveraging COVID-19 for a Better Tomorrow

As we are about to enter lockdown 4.0 it is an opportune moment to evaluate how India has handled the Covid-19 challenge so far, to assess the evolving situation both in terms of the progression of the disease and its ramifications, and to contemplat....

COVID-19 Paves the Way for a Cashless Economy in China

Governments worldwide are at the time engaged in containing COVID-19 and have either initiated unprecedented lockdowns or following strict social distancing protocols for public safety and prevent community transmission. The World Health Organisation....

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