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The India Policy Forum (IPF) is India’s most prominent annual economic policy conference in the summer season of New Delhi and is organized by NCAER, the National Council of Applied Economic Research. The primary goal of the IPF is to promote original policy and empirical research on India, including policy-focused review articles that seek to define the best economic policy advice based on robust, empirical research. The annual IPF conference provides a unique combination of intense scholarship and expert commentary on commissioned research papers with a strong focus on policy. The revised papers and conference proceedings are published in this volume, including the comments of paper discussants and a summary of the floor discussion on each paper. This 2016-17 IPF volume brings together the papers presented at the 13th IPF Conference held on July 12-13, 2016. The paper by C. Badarinza, V. Balasubramaniam, and T. Ramadorai presents for the first time an integrated perspective on the balance sheet of Indian households. The paper by R Nagaraj and T. N. Srinivasan unpacks the analytical and data issues underlying the controversy surrounding India’s new GDP estimates. The paper by A. Adhvaryu, P. Bharadwaj, and S. Krumholz analyzes India’s experience with child health and development, and suggests how policy and programs can be made more effective in this vital area. The paper by S. Chatterjee and D. Kapur raises troubling questions about the performance of Indian agriculture and highlights six puzzles, related among other things to the political economy, trade, and productivity of Indian agriculture. The final paper synthesizes knowledge and weighs the evidence from an array of studies on India’s National Rural Employment Guarantee Scheme, the world’s largest workfare program.
The India Policy Forum (IPF) is India’s most prominent annual economic policy conference in the summer season of New Delhi and is organized by NCAER, the National Council of Applied Economic Research. The primary goal of the IPF is to promote original policy and empirical research on India, including policy-focused review articles that seek to define the best economic policy advice based on robust, empirical research. The annual IPF conference provides a unique combination of intense scholarship and expert commentary on commissioned research papers with a strong focus on policy. The revised papers and conference proceedings are published in this volume, including the comments of paper discussants and a summary of the floor discussion on each paper. This 2016-17 IPF volume brings together the papers presented at the 13th IPF Conference held on July 12-13, 2016. The paper by C. Badarinza, V. Balasubramaniam, and T. Ramadorai presents for the first time an integrated perspective on the balance sheet of Indian households. The paper by R Nagaraj and T. N. Srinivasan unpacks the analytical and data issues underlying the controversy surrounding India’s new GDP estimates. The paper by A. Adhvaryu, P. Bharadwaj, and S. Krumholz analyzes India’s experience with child health and development, and suggests how policy and programs can be made more effective in this vital area. The paper by S. Chatterjee and D. Kapur raises troubling questions about the performance of Indian agriculture and highlights six puzzles, related among other things to the political economy, trade, and productivity of Indian agriculture. The final paper synthesizes knowledge and weighs the evidence from an array of studies on India’s National Rural Employment Guarantee Scheme, the world’s largest workfare program.
The India Policy Forum (IPF) is India's most prominent annual economic policy conference in the summer season of New Delhi and is organized by NCAER, the National Council of Applied Economic Research. The primary goal of the IPF is to promote original policy and empirical research on India, including policy-focused review articles that seek to define the best economic policy advice based on robust, empirical research. The annual IPF conference provides a unique combination of intense scholarship and expert commentary on commissioned research papers with a strong focus on policy. The revised papers and conference proceedings are published in this volume, including the comments of paper discussants and a summary of the floor discussion on each paper.
The India Policy Forum (IPF) is organized by the National Council of Applied Economic Research (NCAER) in New Delhi in partnership with the Brookings Institution, Washington, D.C. It aims to examine India’s economic reforms and its economic transition using policy-relevant empirical research. The IPF comprises an annual international conference in July in New Delhi and the IPF Volume that brings together the conference papers. These papers undergo detailed revisions after the conference based on discussants’ comments at the IPF and the guidance provided by the editors. The IPF is guided by distinguished international advisory and research panels. The first paper in this 2013 IPF Volume evaluates the impact of laws governing the operation of India’s labour market within the organized industrial sector. The next paper analyzes India’s role in the rapid development of international production networks. The third paper examines the conduct of Indian monetary policy since the onset of the global financial crisis, focusing on the persistent high rates of inflation in India. The fourth paper provides an overview of fiscal and monetary policies in the years after the financial crisis. The volume concludes with an assessment of the value of social audits, widely advocated as a tool for improving public accountability, in the MGNREGA program in Andhra Pradesh. The annual IPF Volume is globally the most cited collection of articles on India and should be useful to researchers and policy-makers in economics and political economy.
Debates about public expenditure in the agricultural sector have reopened in many developing and emerging economies because of high budget deficits and changes in public opinion. As a result, agricultural policy in many of these countries is beginning to take a more market-oriented approach to agrarian problems, most notably through the introduction of contract farming. This book explores the policy issues around contract farming and its transformative potential and addresses the lack of empirical research on this topic by focusing on South Asia: principally India, Bangladesh and Nepal. The book first addresses the effects of contract farming (vertical coordination) on productivity, food security indicators (yield, consumption expenditures, prices), employment and input usage. Then it draws lessons from the South Asian case studies on the impact of institutional changes, like contract farming, on income and food security of smallholder households. The core of the book includes case study chapters on several commodities that are produced under contract farming, including vegetables and fisheries in Bangladesh, low-value crops in Nepal and coffee in India. Other chapters also explore contracts, storage, input usage and technical efficiency in these cases. This book serves as an essential guide to academics, researchers, students, legislative liaisons and think tank groups interested in agrarian issues, agricultural economics and agricultural policy in emerging economies and particularly in South Asia.
Water quantity—too much in the case of floods, or too little in the case of droughts—grabs public attention and the media spotlight. Water quality—being predominantly invisible and hard to detect—goes largely unnoticed. Quality Unknown: The Invisible Water Crisis presents new evidence and new data that call urgent attention to the hidden dangers lying beneath water’s surface. It shows how poor water quality stalls economic progress, stymies human potential, and reduces food production. Quality Unknown examines the effects of water quality on economic growth and finds upstream pollution lowers growth in downstream regions. It reveals that some of the most ubiquitous contaminants in water, such as nitrates and salt, have impacts that are larger, deeper, and wider than has been acknowledged. And it traces the damage to crop yields and the stark implications for food security in affected regions. An important step toward tackling the world’s water quality challenge is recognizing its scale. The world needs reliable, accurate, and comprehensive information so that policy makers can have new insights, decision making can be evidence based, and citizens can call for action. The report calls for a paradigm shift that emphasizes safer, and often more cost-effective remedies that prevent pollution by combining smarter policies with newer technologies. A key message of Quality Unknown is that such solutions exist and change is possible.

India

International Monetary Fund. Asia and Pacific Dept

Published: 2018-08-07

Total Pages: 45


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This Selected Issues paper discusses various aspects of goods and service tax (GST) on India’s tax policy. Dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality, while streamlining exemptions would further contribute to progressivity and reduce compliance and administrative costs. Simplifying the GST is possible without imposing a significantly higher burden on the poor. There are likely significant benefits from lower costs of compliance and administration. The literature on value added tax (VAT) compliance costs shows that there is broad variation across countries; however, there is a consensus that compliance costs are regressive and administrative costs increase with complexity. While evidence on India is nascent and remains to be assessed as experience with the GST is gained, anecdotal evidence from large firms indicates sizable increases in costs, which may be even more burdensome for smaller firms. Streamlined rates would also weaken incentives to lobby for lower rates.
This comprehensive volume provides the first book-length account on the politics of fossil fuel subsidies. This title is also available as Open Access.