The NYAY Scheme of the Congress
Apr 8th 2019, Prabhat Patnaik

Prabhat Patnaik argues that the NYAY scheme of the Congress is a form of "charity" rather than establishing an economic right to decent living conditions. But in the current neo-liberal regime, any transfers to the poor are welcome, as long as they do not involve cuts in other social spending.

The Political Economy of the Modi Regime
Apr 2nd 2019, C.P. Chandrasekhar

C.P. Chandrasekhar argues that the five years of the Modi-led NDA regime was characterised not just by the consolidation and advance of Hindutva forces but a growing nexus between the state and big capital that intensified the depredations of neoliberal capitalism, camouflaged by diversionary measures like demonetisation.

Vanishing Green Shoots
Apr 9th 2019, C.P. Chandrasekhar and Jayati Ghosh
Governments and central banks that were upbeat about global economic recovery are turning pessimistic, making this one more episode of a green shoot that died young.
Why is South Asia Performing so Badly on the SDGs?
Mar 27th 2019, C.P. Chandrasekhar and Jayati Ghosh
High inequality in the South Asian region is a crucial factor responsible for the region's poor performance on the SDGs.
Interim Budget 2019-20
Did the States get short-changed under Modi Government?
Feb 15th 2019, Prasenjit Bose

With the increase in cess and surcharges under the NDA regime, States have been deprived of their share of Central taxes.

The great Budget "Cash for Votes" Scam - and other Cash Transfer Schemes
Feb 15th 2019, Jayati Ghosh

Jayati Ghosh argues that a combination of universal basic services, universal employment guarantee and universal pensions to ensure a minimum income is more workable and desirable rather than cash transfers to individual households.

Budgetary Sops Will Do Little to Fix Unemployment and Poverty in India
Feb 5th 2019, Sunanda Sen

The Budget sops will not provide a solution to problems of poverty and unemployment in India, which result from structural changes creating a mass of unutilised and underutilised labour force.

Can Ayushman Bharat National Health Protection Mission protect health of India's Poor?
Feb 20th 2019, Subhanil Chowdhury and Subrata Mukherjee
The recently introduced Ayushman Bharat National Health Protection Mission has been projected as a big public intervention in the health sector for protecting the health of India's poor and vulnerable.
Can the RBI's open Market Operations help the Rupee?
Oct 10th 2018, C.P. Chandrasekhar and Jayati Ghosh
The rupee's slide raises the question of whether India's central bank should intervene by selling dollars to prop up the currency. But past experience of such efforts has yielded mixed results, so other measures may be necessary.

Krishna Bharadwaj Memorial Lecture 2019
Mar 15th, 2019

Prashant Bhushan speaks on Current Threats to the Constitution at Krishna Bharadwaj Memorial Lecture 2019 jointly organised by Faculty of CESP JNU and JNUTA at SIS New Building, JNU on Thursday, 14 March 2019, 4-30 p.m.
The Strange form of "Disinvestment"
Jan 30th, 2019, C.P. Chandrasekhar
Under the NDA government disinvestment is increasingly turning out to be a process in which surpluses are wrung out of PSEs or government linked institutions to support the budget, instead of the usual route of sale to private buyers. Apart from adversely affecting the modernization and expansion plans of PSEs, this change in the nature of disinvestment does not enable the government to raise its expenditure to the desired levels in a pre-election year.
The Mistaken Obsession with the Fiscal Deficit
Jan 29th, 2019, C.P. Chandrasekhar and Jayati Ghosh

The central government regularly fudges fiscal data, to pretend to meet the FRBM Act targets. This messes up public companies, but does it really matter for the macroeconomy?

A Memorial for Dr. Vineet Kohli, Assistant Professor at TISS and a Former CESP Student
Aug 13th 2018.
Job Opening at Economic Research Foundation
Jan 31st 2018.

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