Experimenting with the Economics of Natural Experiments

November 2, 2021

The benefits of natural experiments to create innovative research designs, aimed at finding credible evidence to answer important policy questions are well-known. Recently, David Card, Joshua D. Angrist, and Guido W. Imbens received the prestigious Nobel Prize 2021 award for offering new insights on labour markets and showing what conclusions about cause-andeffect can be drawn from natural experiments.

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How Smart is Our Agri Exports Policy – Time to Introspect

July 27, 2021

Oilseeds and Pulses, the major sources of vegetable oil and protein are most suited for Indian soils and range of agro-climates. Oilseeds crop, on an average, requires 900 litres of water for 1 kg worth produce. Whereas Pulses, the far more water use efficient crop just requires 50 litres of water to realize 1 kg produce. So, India as a policy must put emphasis on low water demanding high value energy crops with rational allocation of irrigated areas to overcome chronic shortages and mop up sizable revenues from exports. 

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The Implications of the Government Budgets on Promoting Sports in India -1

July 26, 2021

Research on national and sub-national fiscal responses to sports promotion in schools through development of infrastructure is sparse. This paper examines whether the states’ and centre’s sports expenditures have led to improved sports infrastructure as playground facility at the school level in all the states combined. The empirical results suggest that the states should increase their efficiency in public sports spending, which is not only low but also characterised by arbitrariness especially when the implications of the central government’s budgets are seen to have remained insignificant in order to encourage the states to provide the playground facility in the schools.

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Non-Fungible Tokens: What’s all the buzz about?

July 26, 2021

The up and coming exercise in the world of luxury seeking class has been the exchange taking place in the NFT market. Non-fungible tokens (NFTs) are unique, identifiable digital assets whose exchange between the creator and the buyer takes place in a cryptocurrency, usually etherium. It has stirred a lot of intrigue among investors. Whether or not it is here to stay is a question only time can answer, but while it is here, it has gained substantial momentum.

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Impact of Personal Data Protection Bill on the Health Insurance Market

July 10, 2021

While the introduction of this bill is in the right direction, certain provisions are a cause for concern as they seek to provide blanket powers to the state. Additionally, provisions for data localisation, cross border data transfer restrictions and compliances are expected to add a significant financial burden on insurers.

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Save Indian Agriculture From Peril – Do Not Leave It to Die Like Dinosaur

July 5, 2021

Needless to say, it’s a lopsided agricultural policy having no state-wise balanced crop production plan meeting overall requirements of essential commodities, though agriculture is a State Subject

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The Public Economist Gold Mohur

Reparations- The elephant in the room

June 22, 2021

To examine the validity of reparations, we need to analyse the extent of the damage caused. In case of India (a former British colony), India was de- developed under British raj. British policy was designed to destroy India’s domestic industries (like handmade textiles ) by imposing asymmetrical tariffs, by dismantling the institutions that trained up producers, and in some cases even by maiming skilled artisans – all to create captive markets for British goods.

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The Global Struggle Against Vaccine Skepticism

June 20, 2021

At a time when the world is busy addressing logistical and technical hurdles surrounding vaccine development, it should not be the case that something as avoidable as skepticism ends up being another nail in the coffin of mass immunization

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ODISHA LEADING THE WAY IN FIGHT AGAINST COVID-19

June 13, 2021

Odisha with its all-round preparation and fight against COVID has seen positive results. The second Covid-19 wave has been now under control in Odisha with cases declining by 0.5- 1% daily. For every 1 lakh population around 28,500 have been tested. The recovery ratio has reached a high of 92%.

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Tax Cuts, or Deficit Much?

June 10, 2021

Somewhere between the policy’s pro-business intentions to its pro-big businesses approach, the principles of equality has been lost

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