54 results found

RBI, enough of elevator economics

The inflation forecast is the most important aspect of the most crucial economic decision that the RBI makes — it needs to be more in tune with reality.The Indian economy has likely gone through a mega structural-break experience via demonetisation....

Food, Hunger, and Nutrition in India: A Case of Redistributive Failure

Over the past 50 years, India has been a pioneer in discussing and introducing policies toward the alleviation of hunger and poverty. India’s performance record is somewhere between good and excellent in terms of achievement of goals; unfortunately, the specific...

Towards a Targeted Basic Income Policy for India

Most commentators have attributed the current agrarian crisis to two successive droughts and demonetization. While droughts do have an adverse impact on agricultural sector, disaggregated data categorically demonstrates that demonetization did not lead to acceleration in the decline of the...

Growth and Poverty in India – Myth and Reality

There is a raging controversy about whether poverty levels in India have increased in the nineties, a period co-incident with the ushering in of major economic reforms.

Population, Education, and Employment in India: 1983-2018

A background report on Employment in India for the Prime Minister's Economic Advisory Council (EAC-PM)

What Ails GDP Growth: Demonetization or High Interest Rates?

GDP Growth in India has slowed down to less than 7%, from the recent high level of 8.2% in 2015-16. It is widely believed that the demonetization experiment, announced by Prime Minister Modi on November 8, 2016, is responsible for...

A short note on the GDP back-series released by the National Statistical Commission

The Report’s conclusion of 9 % growth in UPA-I (2004/5-2008/9) maybe, in reality, close to 6 % per annum. More needs to be researched by all of us before jumping to conclusions.

Interview On PBS Newshour

Why the new global wealth of educated women spurs backlash

The New Wealth of Nations reviewed in Dawn

"Bhalla's book is short and the arguments are expressed in simple, bold strokes. Sometimes his writing comes across a bit too breezy, but it is never superficial. He has a good sense of humour as well as knowledge of films...

Book Launch at the World Bank : The New Wealth of Nations

In this thought-provoking book, Surjit Bhalla contends that education is the new wealth of nations. Through a series of compelling arguments, anecdotes, studies, calculations, tables, and charts, this book offers insights into the definitions of the poor, the middle class,...