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India's labour reform has arrived in one sweep-but laws alone won't create jobs or a dynamic labour market

New Delhi, Nov. 22 -- A historic step has been taken. On 21 November 2025, India formally brought into effect its four Labour Codes: the Code on Wages (2019), Industrial Relations Code (2020), Code on... Read More


India's new labour framework is a historic reform but laws alone can't create jobs and lend the job market dynamism

New Delhi, Nov. 22 -- A historic step has been taken. On 21 November 2025, India formally brought into effect its four Labour Codes: the Code on Wages (2019), Industrial Relations Code (2020), Code on... Read More


Ajit Ranade: Cash handouts are politically popular but what do they imply for inflation, welfare and fiscal health?

New Delhi, Nov. 18 -- What happens when a helicopter drops a large amount of cash on a local economy? Does the local GDP go up instantly? Of course not. Even a schoolkid's intuition tells you that the... Read More


Hard-won RTI gains are at risk as privacy legislation tilts the balance against demands of democracy

New Delhi, Oct. 21 -- In March 2003, the Supreme Court passed a historic verdict that filled a legislative gap. It made the disclosure of wealth details and criminal records of election candidates man... Read More


India's shining GDP data masks a key weakness in what fuels growth: household savings

New Delhi, Oct. 6 -- India continues to clock the fastest GDP growth among major economies, drawing headlines that suggest resilience and dynamism. Yet, the financial foundations of Indian households,... Read More


Ajit Ranade: Faster justice can lift investment, speed up India's economy

New Delhi, Sept. 23 -- The issue of judicial reforms is hot again. There are many symptoms that point to their urgency. The first is case pendency. Indian high courts and district courts together had ... Read More


Ajit Ranade: Faster justice can lift investment and speed up India's economy

New Delhi, Sept. 23 -- The issue of judicial reforms is hot again. There are many symptoms that point to their urgency. The first is case pendency. Indian high courts and district courts together had ... Read More


Ajit Ranade: India should split GST revenues 60:40 in favour of states

New Delhi, Sept. 8 -- The decisions taken at the 56th meeting of the Goods and Services Tax (GST) Council were historic and can justifiably be called the launch of GST 2.0. After seven years of its ro... Read More


Ajit Ranade: RBI must not abandon headline inflation as its target

New Delhi, Aug. 25 -- The Reserve Bank of India (RBI) has invited comments from stakeholders on a discussion paper on the next five-yearly review of its monetary policy framework. This framework, call... Read More