The writer is professor of economics, Royal Bank research professor and Johal Chair, University of British Columbia, Canada

April 17,2025 06:56:56 AM
As the world teeters on the edge of a recession, the negative effects on global demand will create risks for Indian exports and growth. On the upside, it will likely also lower the cost of imported goods and components used in India, which should reduce inflationary pressures in the Indian economy.
Thu, Apr 17, 2025
February 06,2025 06:55:25 AM
The White House may relent on Canada, Mexico tariffs. But with China, it's going to be a longer affair.
Thu, Feb 06, 2025
June 15,2024 07:30:38 AM
National exit poll errors were not about malafide intentions. But they point to the perils of making predictions based on the conclusions of competitors and peers
Sat, Jun 15, 2024
April 19,2024 08:00:13 AM
Their unleashed aspirations are unlikely to be satisfied by gig-worker jobs with all their attendant insecurities.
Fri, Apr 19, 2024
January 01,2024 15:53:48 PM
The country needs to combine the manufacturing and service sector models to address its job challenge
Thu, Jan 04, 2024
March 17,2023 07:07:54 AM
India has bet on a development model powered by soft and hard infrastructure that is heavily concentrated in a few hands. If it works it will be touted as the next-generation Asian model
Fri, Mar 17, 2023
January 28,2022 03:14:31 AM
🔴 Amartya Lahiri writes: Welfarist direction must continue. Economic revival will require transformative thinking from finance minister
Fri, Jan 28, 2022
November 25,2021 03:30:27 AM
Amartya Lahiri writes: Failure of manufacturing to absorb surplus agricultural labour has meant that farmers remain tied to land even when it doesn’t yield much
Fri, Nov 26, 2021
November 10,2021 03:44:55 AM
Amartya Lahiri writes: The relative lack of greater demand for his expertise did have a silver lining. It left him with more time to obsess about his club and students. And they were all much richer for it
Thu, Nov 11, 2021
September 18,2021 03:55:51 AM
Amartya Lahiri writes: Government must address the low revenue potential and efficiency hurdles that could trip up its asset monetisation plan.
Sun, Sep 19, 2021
August 12,2021 03:55:08 AM
Amartya Lahiri writes: In its absence, relying on redistribution to fight poverty only guarantees a lot of poor people
Fri, Aug 13, 2021
July 26,2021 03:30:43 AM
Amartya Lahiri writes: State’s response to its own failure to deliver public services on schooling or health is to mandate the private sector to provide them under threat of penalties and accept the resultant expense as the cost of doing business in India
Mon, Jul 26, 2021
November 21,2020 03:20:22 AM
The 73 years of post-Independence India has generated a lot of evidence across different political-economic regimes. This period has also provided us with the contrasting experiences of India and Pakistan, two countries that share history, geography and socio-cultural mores.
Sat, Nov 21, 2020
October 14,2020 03:59:51 AM
Amartya Lahiri writes: The dilution of efficiency-based principles for banking has implications for all borrowers, not just the chronically unhealthy.
Wed, Oct 14, 2020
May 21,2020 03:02:54 AM
Ubiquitous testing will likely be a worldwide phenomenon over the next year or two. If Indian businesses can respond to the challenge by quickly building capacity to produce relatively cheap testing kits, this could spark a boom in the biomedical industry.
Thu, May 21, 2020
February 01,2020 03:30:53 AM
One reason why infrastructure investment in India ran into problems was the anaemic growth in sectors that would have been the main source of demand for infrastructure.
Sat, Feb 01, 2020
January 16,2020 03:21:12 AM
So where will the jobs come from? The job creators are entrepreneurs, conglomerates, and multinationals. It is in their nature to take investment risks as long as the returns are high enough.
Thu, Jan 16, 2020
October 12,2019 00:46:58 AM
The government would also do well to revisit the appointments process to key technical and regulatory bodies. Functions like monetary policy, banking supervision, data collection and dissemination, audit of government financial accounts, are all technical jobs.
Sat, Oct 12, 2019
June 01,2019 01:30:41 AM
India should learn from its past, and speed up critical reforms
Sat, Jun 01, 2019
May 24,2019 00:13:49 AM
The scale of India’s development challenge is immense. The country needs to play the long game and it needs to start now. There is no time to lose. Hopefully, the renewed mandate will give the Modi government the political will and space to pursue overdue land and labour reforms.
Fri, May 24, 2019
April 29,2019 02:10:57 AM
To sustain its growth story, India now desperately needs a next generation of reforms. Amongst the most important ones are land and labour reforms to encourage manufacturing to scale up
Mon, Apr 29, 2019
March 16,2019 00:01:20 AM
US move to withdraw privileges provides an opportunity for India to introspect on the general state of its exports.
Sat, Mar 16, 2019
February 07,2019 00:41:39 AM
Possibly the most problematic aspect of evaluating the budget is the opaqueness of the underlying data.
Thu, Feb 07, 2019
January 23,2019 00:37:38 AM
Putting a part of the country’s assets in a protected entity like the central bank builds fiscal credibility of the country as long as the central bank is viewed by markets as being independent of the government.
Wed, Jan 23, 2019
December 05,2018 00:35:38 AM
India missed the chance to usher in second generation reforms and free up private enterprise
Wed, Dec 05, 2018





