This paper describes business and growth rate cycles with special reference to the Indian economy. It uses the classical NBER approach to determine the timing of recessions and expansions in the Indian economy, as well as the chronology of growth rate cycles, viz., the timing of speedups and...

The article is a report of RBI Minister Duvvuri Subbarao on issuesing concerning the G-20 countries and also issues effecting all the countries collectively.

This paper studies the leadlag pattern in the interaction between credit and growth cycles of India at three levels i.e. at the aggregate level for annual GDP growth, at the sectoral level across agriculture, industry and services, and also across major industries. The study focuses on three...

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian economy, the estimated contributions of productivity gains to real GDP growth is...

The innovation, efficiency and productivity responses to the stronger protection of intellectual property rights post-TRIPs, with reference to manufacturing industry in India is studied. The fact that the post-TRIPs strengthening of IPRs in India were largely exogenous enables us to correct for...

Even though the economic and social benefits of thriving entrepreneurship and innovation are evident, it is critical to recognize that these benefits will only accrue if the key gaps in the ecosystem are addressed. Five key areas that an entrepreneur would need to address on a priority basis are...

Reviving economic growth is the priority of the government. [http://presidentofindia.nic.in/sp210213.html].