Archived Articles (December 2019)

  • Viewpoint: The future of Indian Banking

    MEDC | 30 DEC,2019

      As the decade draws to a close, it is worth reflecting on the state of a key sector of the Indian economy– banking. After many years, our banking sector is final... Read more

  • Realizing GST's potential

    MEDC | 30 DEC,2019

        The GST is arguably the biggest fiscal reform that the government has embarked on since independence. Not only has it reshaped the Centre-state financial relat... Read more

  • Technology and Economic Development

    MEDC | 30 DEC,2019

      Rapid technological transformation will be a key factor determining India’s economic growth in the coming years. At the regional, national, and global levels, cu... Read more

  • Handling the continuing slowdown

    MEDC | 30 DEC,2019

        In its latest country report on India, the IMF has said that the country’s macroeconomic outlook is more subdued and uncertain than in recent years. Revi... Read more

  • Viewpoint: Dealing with Climate Change

    MEDC | 23 DEC,2019

        There is growing scientific consensus about the adverse economic effects of global warming and climate change. Every measurable data point suggests that things... Read more

  • India's demographic gamble

    MEDC | 23 DEC,2019

        Around a million Indians are entering the workforce every month, and this is expected to continue till 2035. In the current economic slowdown, the unemployment... Read more

  • Data credibility and economic growth

    MEDC | 23 DEC,2019

        The credibility of official data released has lately been taking a hit. The time has come to ask some fundamental questions regarding India’s statistical... Read more

  • Why reforms matter

    MEDC | 23 DEC,2019

        India’s latest macroeconomic data does not inspire much confidence. The Index of Industrial Production (IIP) contracted in October, for the third month i... Read more

  • Viewpoint: India and the HDI

    MEDC | 16 DEC,2019

      According to the latest report released by the United Nations Development Programme (UNDP), India’s ranking in the Human Development Index (HDI) improved margina... Read more

  • Economic reform is the key

    MEDC | 16 DEC,2019

      The key issue facing the economy today is a lack of adequate investment. India needs to be much more investor-friendly in the face of relentless competition from Thail... Read more

  • Enhancing the GST's efficacy

    MEDC | 16 DEC,2019

      GST, along with the current slowdown, has sparked a fiscal crisis requiring careful management. Although revenue is likely to fall considerably short of expectations, ... Read more

  • Issues facing monetary transmission

    MEDC | 16 DEC,2019

      India’s monetary policy has largely failed to translate into tangible economic growth for the country. The blame in this regard fallsmainlyon the stickiness of o... Read more

  • Viewpoint: Economics and the Digital World

    MEDC | 09 DEC,2019

      Like it or not, the world is becoming increasingly digital. Unfortunately, much of today’s economics tool-kit does not have the wherewithal to understand and map... Read more

  • Rising markets and falling economy

    MEDC | 09 DEC,2019

      While the markets are currently at a high, the economy is at a low. Such a divergence between Wall Street and Main Street is not uncommon. Indeed, there are occasions ... Read more

  • Why fiscal stimulus matters

    MEDC | 09 DEC,2019

      Fiscal policy matters more than monetary policy in jumpstarting the process of economic growth. For fiscal policy to be effective, it has to be countercyclical, and so... Read more



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