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 ...

One of the most striking conclusions reached in Prabhat Patnaik's recent book The Value of Money (2008) is that the world monetary system is still de facto a commodity money world, despite having broken all de jure links ...

The Central Goods and Services Tax Act, 2017 has an “anti-profiteering” clause aimed at ensuring that businesses pass on tax rate cuts and cost savings resulting from the adoption of GST to the consumers. In this context, ...

Analysis of this study has been done in the background of the telecom and other reforms initiated in India since 1991. The study attempts to evaluate the financial and operational performance of the three public sector ...

Drawing on the evidence from Indian provinces, this paper, using a four-sector general equilibrium model with segmented domestic labour and capital markets, proposes that factor-specific technological progress only in the ...

The fact that the agriculture sector in India has not experienced any significant growth during the post-economic reforms period is well established. For the revival of the sector, policy makers have suggested among others, ...

The Dispute Settlement Mechanism is one of the best elements of the World Trade Organisation (WTO) system since it addressed the earlier concerns under the GATT system, of lack of transparency, non-enforceability, ...

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