In this article the author compares the two competing arguments about the determinants of development (geography versus institutions) to comment upon the impact of colonial rule on the present state of Indian education.
Category: Economic Growth
PART II: Economic Development, but at what cost?
In this article, the author evaluates the economic reforms of 1991 and talks about how they were lopsided as well, focussing on unemployment and exploitation of labour and environment.
The Disconnect between the Stock Market and the Economy
The stock market and the economy are moving in opposite directions.The disconnect between the two is said to be the largest in India— the country having the world’s second-highest number of coronavirus cases.
Institutional Illusion: The ‘Flawless Façade’ of IMF’s zero Interest Loans
This article analyses the IMF’s 0 interest loans and provides an insight into the structure, lending exercises, and policy governance practices of the IMF. Simultaneously it evaluates the truth in IMF’s claims of uplifting poor/distressed states.
The Diamond Industry and Coronavirus
The diamond industry which has been fueled by an artificial supply shortage, while surprisingly maintaining relatively stable high prices. However, the onset of the coronavirus pandemic has turned the seemingly stable industry on its head.
The Monetisation Trap
This article explores debt management through monetisation of debts, theoretical causation of inflationary pressures as a consequence of growing fiscal deficits and how fiscal deficit affects the interaction of fiscal-monetary policies?
GST: not an Act of Parliament but an “Act of God”?
Why did the central government refuse to pay up GST compensation to states across India? Through this article, Ashu Jain explores the current scenario of the GST with respect to the centre and the state.
Water in Nepal: Reserve of latent potential
Over six thousand rivers and rivulets pass through the land-locked country Nepal, making it the third richest country in water resources. This article will demonstrate that if the development of a natural resource is strategically conducted, it proves to be a boon for economic growth.
India’s National River Interlinking Projects – An Introduction (Part I)
This article is an introduction to the three part series focusing on India’s National River Linking Project. Vanshika Mittal traces the background and plan proposed by the government for this project.
Broken Markets – Reflection from the labour landscape (Part II)
In this article, the author discusses the trend in budgetary allocations to schemes such as MNREGA to bring out the stark reality through the data analyzed in the July Issue of Infosphere.
India’s Debt Challenge
The important question that one is looking to analyse is whether the targets set under the FRBM Act were met. Authors Diya and Aliva provide a brief on India’s journey with tackling high fiscal deficits.
Pandemic and slumped oil prices: context and impact on migrant workers
This article discusses how migrant workers in petrostates are impacted by fiscal policies in the light of pandemic and low oil prices.
