1093 results found
A digital revolution in MSMEs' access to credit might accelerate growth and prosperity - if policymakers focus on simplicity, access, and human capital.
India should refrain from mimicking the rest of the world by increasing interest rates too quickly as it would directly impact the post-pandemic recov
With the emergence of a large number of private players across economic sectors, quality infrastructure development to support business operations has
With government initiatives and a dynamic workforce, India is well-positioned for diverse and robust employment growth
This paper projects the nationwide and state-wise size of India’s Unified Payments Interface (UPI) market under various GDP growth scenarios. The market sizes under these scenarios are expressed in monetary values at the scale of both sub-national units and the Indian economy as a whole. With the help of transactions and market share data from Phonepe, a UPI company, the paper estimates the national and state-wise base case scenario market volu
Making the correct trade-offs can support higher growth over the long term as can implementing a foundational reform agenda
Economic decisions and reforms are not a sprint, but a relay race where different types of economic reforms are required at various stages of a nation
By addressing challenges related to education, healthcare, and gender inequality, India can harness its human potential to drive economic progress and
Empirical data implies that increase in the income of lower income group directly translates into an increase in consumption. Therefore, the governmen
Japanese ODA has eased the burden of borrowing in the Indian market. Moreover, with the Japanese economy still struggling to induce growth, investments in India offer an avenue to earn interest income. Increased Japanese FDI is also likely to give a huge boost to the Indian economy.
Reducing the trade deficit is essential for economic growth. Better policymaking can aid to that end.
The global macroeconomy has undergone unprecedented change in recent years, particularly because of the COVID-19 pandemic. While the G20 had an effective coordinating role in steering the global economy through the 2008 global financial crisis, its role in engineering an inclusive and sustainable recovery from the pandemic has been more mixed. Incomes in the advanced G20 economies are on track to return to pre-pandemic levels by end-2022 but have
Global North and South have different ambitions, but LiFE helps draw a common thread somewhere between the two without asking them to compromise on th
It is important that manufacturing growth picks up otherwise India's demographic dividend in terms of having a youthful population could become a demographic liability. Around half of India's population is under 25 years old. Unless they have jobs or job prospects, they will become dissatisfied and disgruntled.
The ability to transform disruption into opportunity will be central in determining who will benefit and who will lose.
To make India an attractive destination for investment for both Indians and foreigners will require quick implementation of all the pending major infrastructure projects and to see that some important Bills are passed in Parliament.
To become a major industrial nation by 2030, as predicted by a Washington think-tank recently, India will require many changes in the economic structure of the country in which efficient and viable small and medium enterprises coexist with the big factory-based organised sector and with a middle class bigger than that in the US and Europe combined, to support it with their demand.
Going by the latest economic status of the countries of the world, it looks like Nepal is joining the league of Sub-Saharan Africa. With a per capita income of $490.
AI is undeniably causing disruptions across the board. However, a shift in narrative is required to view AI as a constructive force, focusing on its p
It is also unclear to what extent the disaster is the outcome of over-exploitation of resources in the back-to-back construction of dams
For any nation, development of infrastructure is essential to ensure growth. India has lagged on this front for some time now and the Modi government plans to give a major push to infrastructure. The government is in the process of preparing an ambitious infrastructure programme for the next 10 years.
Many people think Benjamin Franklin discovered electricity with his famous kite flying experiments in 1752, but electricity was not discovered all at once. After various developments world over, Italian scientist Alesandro Volta made a great discovery in 1800.
This paper evaluates the impact of various policy reforms, including the economic reforms of the 1990s, on India’s manufacturing sector. Covering the priority sectors relevant to the government’s ‘Make in India’ initiative, the paper analyses the productivity of registered manufacturing units from 1974-75 to 2012-13. It offers empirical evidence on the growth of productivity in the organised manufacturing sector through an inter-tem
Democracy is about winning elections, forming stable governments, governing efficiently and ensuring justice.
Focusing on outputs and outcomes can push India towards better health indicators
A careful reading of the first quarter estimates of 2022-23 raises quite a few questions about whether the Indian economy is back on the growth path.
The most obvious solution is to ramp up China’s welfare state to support the workers who will be left out in the process. The rationale for this is
Growth was bound to suffer because India depends significantly on private entrepreneurship and capital.
The early years, particularly the first 1,000 days, are a critical period in a child’s development, with lifelong impacts. Evidence shows that one of the most effective strategies for economic growth is investing in the developmental growth of at-risk young children. However, early childhood development (ECD) programmes are severely challenged by the sheer scale of need in the face of early childhood care and education losses due to COVID-19 me
