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A Scheme for Efficient Subsidisation of Kerosene in India
(2009-03-11)
The distortions in price based subsidisation are very severe. The direct fiscal cost of ensuring that a rupee of value is delivered to all household users of kerosene is as high as Rs.3 and when the consideration is the ...
Small and Medium Enterprise in India Today – Overcoming Policy Constraints to Achieving Rapid Growth in a Globalising Economy
(2009-08-08)
Sustained very high rate of growth (above 8% in the context today in India) would be able to achieve (since a labour productivity growth of 4 to 4.5 % is to be factored in) a labour absorption rate of 3.5 to 4% which is ...
Agriculture: A Perspective from History, the Metrics of Comparative Advantage, and Limitations of the Market to Understand the Role of State in a Globalising World
(2009-08-13)
Multilateral agencies and economists with much influence have been urging laissez-faire in agriculture. While success with the rich countries has been minimal despite the commitments under the WTO, many poor countries with ...
Role of Trade and Macroeconomic Policies in the Performance of Special Economic Zones (SEZs)
(2009-08-03)
Special economic zones following the enormous success of China have been widely imitated. But it is to be entirely anticipated that the results would vary greatly. Earlier avatars of SEZs in the form of Foreign Trade ...
Towards Reform of Land Acquisition Framework in India
(2009-08-22)
We bring out the fundamental and more important problems with the current framework of land acquisition in India, regulations on land and the functioning of land markets. We argue that reform is overdue and the current ...
Efficient Subsidisation of LPG: A Study of Possible Options in India Today (Based on a Report Commissioned by the Petroleum Federation of India)
(2009-09-01)
The budget contained an announcement that the central government would actively explore the option of using an appropriate form of the ‘food stamps’ or an alternative scheme to improve the efficacy and reduce the cost of ...
Missing Issues in the Debate on Reservation
(2009-09-01)
The issue of reservation has been presented as arising out of educational and social backwardness of the OBCs. Except in nomenclature there is no substantial evidence to show that most or even the majority of the ‘jatis’ ...
A Study of regional determinants of foreign direct investments in India, and the case of Gujarat
(2009-12-12)
We discuss the determinants of FDI over the regions of a large economy like India, and develop a framework drawn from the advantage concept of Kindleberger and from location theories rooted in regional science. We specifically ...
Constraints to export growth in the small firm sector
(2009-12-12)
Exports from small firms are analysed and the constraints in expansion and growth of exports from the sector are brought out. A large priary survey of over 1200 firms is used to bring out experiences of small firms. Small ...
GEB reforms: a note on regulatory strategy and an approach to privatisation
(2009-12-12)
Briefly the proposal is for market competition in generation, through the development of a hybrid wholesale and retail (for bulk consumers alone) market. It is not a marker for all the electricity in the system, but largely ...