Time to End the Madness
May 16th 2012, C.P. Chandrasekhar
Irrational insistence on fiscal conservatism has led to widespread growth slowdown not only in the European countries, but also in emerging economies like China and India. The political backlash in major eurozone economies rekindles hope that governments embracing growth stunting fiscal tightening would soon switch back to sound economic policy-making.
Is a Universal Pension Scheme Feasible in India?
May 16th 2012, Jayati Ghosh
In an economy like ours, a universal pension scheme must be part of a broader development strategy that focuses on public investment in physical and social infrastructure, which will ensure supply of necessary goods and services while increasing demand from the population in a stable and inclusive way.
 
Growing Differences in State Per Capita Incomes
May 15th 2012, C.P. Chandrasekhar and Jayati Ghosh
The period of economic liberalisation has been marked by growing differences in per capita incomes across states, although the trend has varied across decades. In this article, the authors examine the evidence on per capita Net Domestic Product at the state level since 1980, and consider some possible explanations for the observed trends.
Factor Shares in the Indian Economy
Apr 17th 2012, C.P. Chandrasekhar and Jayati Ghosh
The functional distribution of national income is relatively ignored by researchers interested in income distribution in India. An analysis of CSO's data on factor shares in the past three decades shows that the the period of most rapid acceleration of growth was also the period of the sharpest fall in the share of the unorganised sector in GDP. Although this change is to be welcomed, the concern is that it has not been accompanied by any increase in the organised sector's share in total employment.
Budget 2012: The price of reform
Mar 28th 2012, C.P. Chandrasekhar
By hiking indirect taxes that would be passed through to buyers, and slashing subsidies that would raise the prices of petroleum products and fertilisers, the Finance Minister has exposed a nation already reeling under the effects of a prolonged price rise to another bout of cost push inflation.
An Inequitable Path: The ritualistic exercise in fiscal management
Mar 23rd 2012, Amiya Kumar Bagchi
Ignoring all the evidences of the fact that growth does not trickle down, the Budget 2012-13 has emphasised the target of raising the rate of growth at any cost without bothering about the majority of Indian population. Instead what was needed for managing the economy was a progressive system of taxation, employment creation and universalisation of the public distribution of food grains.
Applications are invited from students enrolled in Ph.D. programmes for participating in a one week summer workshop organised by the Azim Premji University in collaboration with the Institute for New Economic Thinking, 9-15 July 2012, Bangalore.
Applications must be submitted by May 20, 2012
Call for Papers for the 2012 European Group for Public Administration (EGPA) Annual Conference in the area of 'Public Administration, Technology & Innovation' (PATI) and Special call for papers on 'Management and Innovation in State-owned Enterprises', 5-8 September 2012, Bergen, Norway.
Deadline for abstracts: 1 June, 2012
Food and Agriculture: Trends in India into the early Twelfth Plan period
Apr 23rd 2012, Rahul Goswami

The transformation taking place in India's agriculture and crop cultivation choices is brought about by a few key factors that have begun to heavily influence the patterns of crop cultivation, the movement of food through India and the effect of these on nutrition on different income classes in rural and urban habitats. In this view, foreign direct investment in multi-brand retail and the influence of the retail food industry is linked with climate change impacts and the proposed genetic engineering solutions; the combining of agriculture, health and nutrition is aided by pro-technology policies and consumption geared for urbanising India; and the domination by the USA of the crop science, research agenda and market reform process is still evident. These factors are responsible for the repetition of the misdiagnosis of impending hunger in the country by the Government of India as being a consequence of a lack of food, to be tackled today, and tackled exclusively by technological means.

National FDI Concepts: Implications for investment negotiations
Jun 4th 2010, Smitha Francis

Free trade agreements and bilateral investment treaties make privileges for and treatment of foreign direct investors legally binding. Thus, apart from the concerns of being able to capture the ''real'' financial and economic contribution of foreign direct investment inflows, FDI definitions are also about protecting the ''rights'' of the so-defined investors in the host country. Keeping this in mind, the article analyses India's current FDI policy and warns that if we define FDI within our national regulatory framework too broadly to allow instruments and flexibility that were earlier resisted, we would have already lost most of the leverage in investment negotiations at the regional and multilateral levels.

Report on the State of Food Insecurity in Urban India
Feb 28th 2012
This report is an update of Food Insecurity Atlas of Urban India that was developed by the M.S. Swaminathan Research Foundation (MSSRF) and the World Food Programme (WFP) in October 2002 and a companion exercise to the Report on the State of Food Insecurity in Rural India of 2001. Reviewing the relative position of the major states with respect to food security, the Report reveals an alarming situation of a permanent food and nutrition emergency in urban India. Hence in order to promote food and nutrition security for all, the Report offers certain policy recommendations emphasizing that urban food security is impacted by the macroeconomic policies and therefore, economic reforms needs to be re-formed to provide inclusive urban development.
India's New High Growth Trajectory: Implications for demand, technology and employment
Oct 12th 2011. C.P. Chandrasekhar
Evidence on trends in surplus generation and utilisation suggests that India's recent transition to a high-growth trajectory has been accompanied by and partly based on tendencies towards profit inflation and increased inequality. This paper offers an explanation as to why the net implications for employment and conditions of work of this growth trajectory have been adverse.
Jyotirmoy Bhattacharya
 
What were the Main Drawbacks of the Nehruvian Strategy of Development?
Public Finance Statistics
Index Number of India's Exports & Imports
All India Index Numbers of Area, Production and Yield of Principal Crops (Base: Triennium ending 1981-82)
National Accounts Statistics (Base: 1993-94 )
National Accounts Statistics (Base: 1980-81)
National Accounts Statistics: Disaggregated Statements
State Domestic Product (Base: 1980-81)
 

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