In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a horizontal (HSC) long-run supply curve identification are successively imposed on a three variable VAR with Indian time series data. While core inflation is measured with the VSC,...

Key features of Budget presented by Shri Pranab Mukherjee

The Mid Term Appraisal (MTA) reviews the experience in the first three years of the Eleventh Plan and seeks to identify areas where corrective steps may be needed. The Planning Commission has decided that the Approach Paper to the Twelfth Five Year Plan will be evolved through a web based...

Speech of Sh. Pawan Kumar Bansal. URL:[http://www.indianrailways.gov.in/railwayboard/uploads/directorate/finance_budget/Budget_2013-14/English_Speech_2013-14.pdf].

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...

The paper reviews the existing evidence on migration-poverty interface in the light of the macro and micro level studies in India. It also discusses the extent, patterns, and correlates of short term migration with the help a large set of data collected from rural households in major states in...