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Policy in a Rapidly Changing World: Insights from Laveesh Bhandari

In a recent speech, Laveesh Bhandari, an environmental researcher and founder of the Centre for Study of Finance and Policy, delved into the challenges and opportunities of policymaking in today’s rapidly changing world. Bhandari argued that traditional methods of policymaking, which rely on a small group of experts, are no longer adequate in the face… Continue reading Policy in a Rapidly Changing World: Insights from Laveesh Bhandari

Understanding The New Education Policy In India

Imagine a future where every Indian child can ideate, implement, and innovate instead of just memorising the same old facts. With over 250 million students in school education from primary to higher secondary, India embarked on ambitious reforms in education in 2020. Chaired by Dr. K. Kasturirangan, former chairman of ISRO, the committee that led… Continue reading Understanding The New Education Policy In India

Analysing The Impact Of India’s Fiscal Policy On Economic Growth

India holds the position of being the world’s seventh-largest economy in terms of GDP and the third-largest when measured by PPP. The short-term growth outlook remains promising. The International Monetary Fund has hailed the Indian economy as a “bright spot” on the global stage. In a significant achievement, India topped the World Bank’s growth outlook… Continue reading Analysing The Impact Of India’s Fiscal Policy On Economic Growth

The Role Of Liberalisation In India’s Economic Growth

As the global economy began to grow and international trade gained momentum, it led to increased prosperity and potential for citizens worldwide. In this context, it would have been imprudent for India to remain passive. Thus, we also embarked on the path of economic liberalisation. Despite unsuccessful attempts in 1966 and 1980, the process of… Continue reading The Role Of Liberalisation In India’s Economic Growth

Central Bank Digital Currencies – An Idea whose Time has Come?

On February 01, 2021, Finance Minister Nirmala Sitharaman introduced the Budget for FY 2021-22 in the Parliament. Budget announcements are always a highly anticipated event in India; this time the expectations were even higher for the government to provide a credible roadmap for recovery. However, ahead of the Budget, another bill rumored to be proposed… Continue reading Central Bank Digital Currencies – An Idea whose Time has Come?

The Student Credit Card Scheme

In the last two decades, West Bengal has undergone several transitions regarding economic reform. As a result, the demand for public funds in priority sectors such as health, infrastructure, and defence has increased unexpectedly. Further, the rate of return on investment in primary and secondary education is much higher than in higher education investment. Meanwhile,… Continue reading The Student Credit Card Scheme

Revdi Culture for Vote bank: A Fact-check on Economy

On 16th July 2022, Prime Minister Narendra Modi, while addressing the crowd during the inauguration of the newly built Bundelkhand Expressway in Uttar Pradesh, said that “Revdi Culture” (freebies) for votes should be done away with. He emphasized that freebies do no good for the development of the country. Debate on Revdi Culture ‘Revdi’ is… Continue reading Revdi Culture for Vote bank: A Fact-check on Economy

In Conversation with Dr Sanjaya Baru: Elections 2022

In this interview, Dr Baru talks about the upcoming 2022 state elections and the current Indian political landscape. The interview is conducted by Indian School of Public Policy scholar, Divesh Garg.

In Conversation with Prof. Pronab Sen: State of the Indian Economy in 2022

Suveera Malhotra, ISPP Scholar 2021-2022, engages with Professor Pronab Sen, former Chief Statistician of India, about the state of the Indian economy in 2022, and the way forward. He also provides his opinion about the upcoming Budget 2022. 

An alternate approach to understanding the impact of the COVID-19 shock on India’s economic activity

Despite a brutal second wave with cases peaking in April-May 2021, India’s Gross Domestic Product (GDP) grew at a record pace of 20.1 percent in the April-June 2021 quarter compared to the corresponding period last year. The GDP, in absolute terms, stood at Rs 32.38 lakh crore (constant prices). This was actually lower by 9.2… Continue reading An alternate approach to understanding the impact of the COVID-19 shock on India’s economic activity