This paper provides the overview of the principal developments in the agricultural sector since 1991, since the economic reforms and their likely consequence for the standard of living. The paper has been conceived more ...

In a bid to contain the fiscal deficit, the government has in this budget targetted outlay on susbsidies. This note focuses on the likely consequences in the case of the food subsidy.

As public intervention is a pervasive influence on food prices, this paper asks whether and how the inefficiency of state institutions matters to food prices. In the context of the wheat subsidy scheme in India, the paper ...

In a study of the evolution of the Indian manufacturing sector over close to three decades we find the annual average rate of growth in the nineties to have risen almost across the board at teh two-digit level of industry. ...

The decline and fall of the publicly-funded higher education system in india has its origins in the fact that there has been a steady expansion of institutions without any concern for quality of the faculty. Unless such ...

A stylised fact of India’s economic history since 1950 is that the rate of growth of the economy has accelerated periodically and across policy regimes. In this paper we present a theoretical framework that can generate ...

This paper explores the idea that the decline of foodgrain production in Kerala originated in the decline of agriculture following migration to the Gulf. It is this event, it is argued that has stood in the way of land ...

Conventional wisdom and current practice in India appear to privilege total factor productivity (TFP), as a measure of productivity, rather than labour productivity. However, labour productivity is a measure of potential ...

Establishing accelerated productivity growth in the 1980s is contigent on the use of single deflation, a procedure flawed in principle. There is no credible option to double deflation when working with value added as the ...