This study examines the impact of India's Public Distribution System (PDS) on poor households in terms of income gains, reductions in the incidence and severity of poverty, as well as nutritional improvements. The study suggests that the welfare gains of PDS in terms of income transfer were very...

For many decades, macro-policy in India was conducted in an environment with five key elements: Agricultural shocks rather than a conventional business cycle; A closed economy; deeply distortionary tax policy coupled with a fiscal crisis; financial markets that lacked speculative price discovery,...

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.

While Asia’s success in growth and poverty reduction is to be greatly welcomed, and should be analysed for the lessons it has for other countries, the policy discourse should take on board three key points: (i) the diversity of Asian growth experience; (ii) rising inequality as a threat to...

This paper examines three software and/or information technology enabled services (ITES) industries—two in the early stages of development (in the People’s Republic of China [PRC] and the Philippines) and one mature one (in India). Being latecomers to offshoring work, the PRC and...

The paper examines the potential impact of wages and assets created under NREGS on local economies and discusses policy implications for ensuring realization of the potential. The specific objectives of the paper are to (a) identify potential linkages of the assets and scope for poverty...

This study attempts to quantify the links between infrastructure investment and poverty reduction using a multi-region general equilibrium model, supplemented with household survey data for the Greater Mekong Subregion (GMS). Infrastructure investment is an important step in economic...

Poverty remains to be the most important development issue facing India with an estimated 301.72 million Indians (27.5 percent) living below the poverty line in 2004-2005. In 1975, Ralegan Siddhi was just another drought prone, poverty stricken village, but it has had much success in poverty...

It is an empirical fact that it is very difficult to balance economic growth, poverty reduction, and environment protection, particularly for developing and transitional economies. While the economic environment of a country is influenced by conditions within the country, it is also influenced...