Behavioural Economics, in fact, dictates that we might not be as rational as we think we are. There are a lot of factors that influence our behavior and traditional economic theory does not always suffice for the explanations.

The Policy Monitor

Behavioural Economics, in fact, dictates that we might not be as rational as we think we are. There are a lot of factors that influence our behavior and traditional economic theory does not always suffice for the explanations.

As the Incumbent Government approaches towards the end of its one full term, here are the two deep cracks they should look out for and ensure healing at the earliest. The first plunge we take on is to show how wrong our Nation has been since decades with the sentiments […]

Polymers play a pivotal role in this modern world with its varied range of products improving the quality of life with its sophisticated functions. The unique and valuable properties of polymers have their origins in the molecular composition of their long chains and in the processing that is performed in […]

The Government of Andhra Pradesh has taken up Andhra Pradesh Drought Mitigation Project (APDMP) to find a longer-term solution to manage droughts and mitigate distress arising out of it. The project has been started with the goal to improve the incomes and strengthen the drought resilience of 165,000 farm households […]

The Delhi University Teacher’s Association (DUTA) has called for a People’s March on 19th Feb. 2019 along with other organizations comprising of students and teachers from other parts of the country to challenge “government assault on higher education”. So what kind of ‘assault’ on higher education is our society facing? […]

In 2016, there was a landscape change in the Indian telecom sector – Reliance launched Jio which reduced the pricing and there was a massive increase in the subscribers and data consumption. Jio got more than 200 million subscribers which boosted the subscribers more than a billion. This was accompanied […]

Assam and parts of the Northeast India shut down on January 8, 2019 over the issue of Citizenship (Amendment) Bill, 2016. The bill seeks to amend the Citizenship Act of 1955, to grant citizenship to non Muslims including Hindus, Sikhs, Buddhists, Jains, Parsis and Christians who came to India on […]

Yet another resignation of the Central bank’s Governor, Urjit Patel, mentioning “personal reasons” especially during the time when the tussle between the Central Government and RBI is evident, has surely raised many eyebrows. Earlier, Former RBI Governor Raghuram Rajan had resigned on 4 September 2016 as the 23rd Governor of […]

Universal Basic Income or UBI which was first mentioned in recent times in the Economic Survey 2016-17 has been selling like hot cakes in the build up to the Lok Sabha elections due in May with Congress president Rahul Gandhi promising a Minimum Income Guarantee Scheme and the prime minister […]

The decision taken by the Central Bank on Thursday, 7th of February not only did surprise economists but market watchers as well. Whereas the unanimous decision of changing the monetary policy stance from ‘calibrated tightening’ to ‘neutral’ seemed plausible, the cutting of the repurchase rate by 25 basis points didn’t […]