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Insights from Behavioral Economics on Current Policy Issues

The paper examines behavioral constraints in policy-making and in achieving coordination across policies. First it applies psychological concepts to understand policy inadequacies, and next examines h...

by Ashima Goyal | On 29 Oct 2018

The Morbidity Cost of Air Pollution: Evidence from Consumer Spending in China

This paper provides knowledge the first analysis of the morbidity cost of PM2.5 for the entire population of a developing country. To address potential endogeneity in pollution exposure, it constructs...

by Panle Jia Barwick | On 12 Jun 2018

People’s Inquest into Thoothukudi Firings

A coalition of civil society organisations in Tamil Nadu titled, ‘Coordinating Committee for People’s Inquest into Thoothukudi Police Firing’ organised a People’s Inquest (PI) on June 2-3, 2018 at Tho...

by Environment Justice Matters (EJM) | On 05 Jun 2018

Financial Inclusion: Indian Initiatives in the Global Perspective

This comprehensive paper attempts to critically evaluate the initiatives taken by India through the Reserve Bank of India in achieving financial inclusion and the efforts made...

by | On 28 May 2018

Drinking Water and Well Being in India: Data Envelopment Analysis

The study examines the use of Data Envelopment Analysis (DEA) for the estimation of the well being from drinking water using ‘commodities and capabilities’ approach. DEA uses the general purpose li...

by | On 22 Mar 2018

Regaining the Constitutional Identity of the Finance Commission: A Daunting Task for the Thirteenth Commission

The paper argues that the Thirteenth Finance Commission has got to find its own track if it does not want to remain as a pale shadow of its constitutional self. It should ignore those terms of referen...

by K.K. George | On 28 Feb 2018

Tamil Nadu Migration Survey 2015

Tamil Nadu is the eleventh largest state by area and the sixth most populous state in India with 75 million as per the 2011 census. The state was ranked sixth among the states in India according to th...

by S.Irudaya Rajan | On 06 Sep 2017

2014 Clean Energy Investments: Project Summaries

This report summarizes the investments in clean energy made by the operations departments of the Asian Development Bank (ADB) in 2014.

by Asian Development Bank Institute | On 26 Jul 2017

Strengthening Arbitration and its Enforcement in India – Resolve in India

The present paper focuses on the first and internationally the largest mode of dispute resolution, that is, Arbitration. However, prior to looking at how arbitration functions in the country, it would...

by Bibek Debroy | On 17 May 2017

The informational role of algorithmic traders in the option market

This paper investigates the information role of algorithmic traders (AT) in the Nifty index option market. I analyse a unique dataset to test for information-based trading by looking at the effect of...

by Rohini Grover | On 04 May 2017

Goods and Services Tax in India: An Opportunities and Challenges

Value added tax was first introduced by Maurice Laure, a French economist, in 1954. The tax was designed such that the burden is borne by the final consumer. Since VAT can be applied on goods as well...

by | On 13 Apr 2017

Impacts of the Training and Visit Extension System on Farmers' knowledge and Adoption of Technology: Evidence from Pakistan

This paper provides quantitative evidence on the impact of the Training and Visit (T & V) extension system in the irrigated Punjab of Pakistan. Three models are analyzed using limited dependent variab...

by Paul Heisey | On 08 Dec 2016

"Demystify the RBI"

In the talk Dr D Subbarao shared his experience being the head of India’s apex bank for five turbulent years starting from Global Financial Crisis in 2008 to taper tantrum 2013.

by Duvvuri Subbarao | On 21 Oct 2016

Financial Inclusion in India – The Journey so far and the Way Ahead

RBI is on a journey towards the goal of universal financial inclusion in India. There are challenges encountered and the way forward. [Address delivered at at the BRICS Workshop on Financial Inclusio...

by S.S. Mundra | On 26 Sep 2016

Who Takes a Call on Price Stability, the Government or the RBI?

The question here is, whether it’s the responsibility of the Government or the Central Bank to ensure price stability in an economy? For instance, what was the role of the RBI when the prices of pulse...

by Deepthi Mary Mathew | On 07 Sep 2016

Global Nutrition Targets 2025: Childhood Overweight Policy Brief

In 2012, the World Health Assembly Resolution 65.6 endorsed a Comprehensive implementation plan for maternal, infant and young child nutrition (1), which specified six global nutrition targets for 202...

by World Health Organisation (WHO) | On 07 Sep 2016

Global Nutrition Targets 2025: Low Birth Weight Policy Brief

In 2012, the World Health Assembly Resolution 65.6 endorsed a Comprehensive implementation plan on maternal, infant and young child nutrition (1), which specified six global nutrition targets for 2025...

by World Health Organisation (WHO) | On 07 Sep 2016

Global Nutrition Targets 2025: Breastfeeding Policy Brief

In 2012, the World Health Assembly Resolution 65.6 endorsed a Comprehensive implementation plan on maternal, infant and young child nutrition (1), which specified six global nutrition targets for 2025...

by World Health Organisation (WHO) | On 07 Sep 2016

Global Nutrition Targets 2025: Anaemia Policy Brief

The prevalence of anaemia was highest in south Asia and central and west Africa (3). While the causes of anaemia are variable, it is estimated that half of cases are due to iron deficiency. In some se...

by World Health Organisation (WHO) | On 07 Sep 2016

Global Nutrition Targets 2025: Stunting Policy Brief

Childhood stunting is one of the most significant impediments to human development, globally affecting approximately 162 million children under the age of 5 years. If current trends continue, projecti...

by World Health Organisation (WHO) | On 07 Sep 2016

WHA Global Nutrition Targets 2025: Wasting Policy Brief

In 2012, the World Health Assembly Resolution 65.6 endorsed a Comprehensive implementation plan on maternal, infant and young child nutrition, which specified six global nutrition targets for 2025 (2)...

by World Health Organisation (WHO) | On 07 Sep 2016

Rising China Confronts Maritime Southeast Asia

China’s rejection of the Permanent Court of Arbitration ruling on its expansive claim to the South China Sea has set itself up for confrontation with maritime states in Southeast Asia. It will also he...

by | On 18 Jul 2016

Does Social Health Insurance Reduce Financial Burden? Panel Data Evidence from India

Indian government launched the Rashtriya Swasthya Bima Yojana (RSBY), a national health insurance scheme, in 2008 that provides cashless health services to poor households in India. The scheme is eval...

by Mehtabul Azam | On 11 Jul 2016

Decentralisation and Interventions in Health Sector: A Critical Inquiry into the Experience of Local Self Governments in Kerala

This paper attempts to analyse the transition in the healthcare sector during the last two decades linking it to the interventions of Local Self Governments (LSGs). It was found that decentralisation...

by | On 29 Jun 2016

Surveillance of Chronic Diseases: Challenges and Strategies for India

This paper describes the status, challenges and scope for strengthening surveillance of chronic disease risk factors, morbidities and mortality in India. Surveillance experience of four selected Stat...

by Udaya S. Mishra | On 30 May 2016

Comparative Cost-efficacy of Hepatitis-B-Vaccination in Indian Infants

Universal Hepatitis B Vaccination of newborns in India is being launched at the recommendation of Indian Academy of Pediatrics, without estimating in any detail the morbidity and mortality due to sequ...

by Anant Phadke | On 26 May 2016

Alternative Dispute Resolution Act of Bhutan, 2013

This Act shall apply to Domestic arbitration and international commercial arbitration and negotiated settlements conducted within the Kingdom of Bhutan; Recognition and enforcement of arbitral awards...

by National Assembly of Bhutan | On 25 May 2016

Limits to Arbitrage: The Case of Single Stock Futures and Spot Prices

Market frictions limit arbitrage, but these frictions affect different stocks differently. Using intraday data on a liquid single stock futures and spot market, we examine the arbitrage efficiency of...

by Nidhi Aggarwal | On 02 May 2016

North Korea's Fourth Satellite Launch Attempt

North Korea has announced that it will attempt another satellite launch between December 10 and 22. As North Korea has an active nuclear weapons program and launching a satellite is technologically qu...

by | On 12 Mar 2016

Diet and Nutritional Status of Tribal Population and Prevalence of Hypertension among Adults

This report outlines the results of the surveys on diet and nutritional status of the populations. The objective is to assess the food and nutrient intakes of individuals in the rural areas of the sta...

by National Institute of Nutrition | On 29 Feb 2016

Transboundary Pollution: Arrival of the Haze Refugee?

The ‘climate refugee’ is not a new phenomenon. We are most likely set to see thousands displaced within their own countries or across borders as a result of adverse weather in future. This year’s fore...

by | On 16 Feb 2016

Literature Survey on Intellectual Property Rights and Sustainable Human Development

This version of the literature survey updates and expands a working draft produced in ugust 2000 as part of a project funded by the U.K. Department for International Development (DFID). It will contin...

by | On 10 Feb 2016

Curbing Illicit Financial Flows to Unlock A Sustainable Future

Achieving the sustainable development goals and countering climate change will require considerably more resources than what public finances alone can afford. By curbing illicit financial flows and re...

by Transparency International | On 05 Feb 2016

Tax Systems: A Channel for Corruption – Or A Way To Fight It?

Fighting tax evasion, corruption and opaque money flows should be seen as advancing the same end point: more equitable and better governed countries. When a tax system works right, it can create an ef...

by Transparency International | On 04 Feb 2016

Financial Reforms - Past and Present

Industrial countries are still struggling, with a few exceptions, to grow. Our fellow BRICS all have deep problems, with confidence about China waxing and waning. India appears to be better in this l...

by Raghuram G. Rajan | On 01 Feb 2016

Establishing an International Advisory Centre on Investment Disputes?

In the light of growing globalization and the significant increase in the number of investor-state disputes that has taken place over recent years, this paper proposes that it is time to establish an...

by | On 28 Jan 2016

Infant-Feeding Patterns and Cardiovascular Risk Factors in Young Adulthood: Data From Five Cohorts in Low- and Middle-Income Countries

The World Health Organization (WHO) recommends exclusive breastfeeding from birth to 6 months, the introduction of nutritious complementary foods at 6 months and continued breastfeeding for 52 years.1...

by Karthikeya Naraparaju | On 22 Jan 2016

Inequality Effects of Fiscal Policy: Analysing the Benefit Incidence on Health Sector in India

This paper analyses the benefit incidence of public health spending on inpatient service delivery, categorised by region, gender and economic class. Inpatient morbidity data among quintile-wise MPCE...

by Kausik K. Bhadra | On 18 Jan 2016

Partnership without Alliance? The Contained Volatility of Indo-US Relations, and a Prognosis

India and the United States – the world’s ‘two largest democracies’ – share many structural similarities like multi-party democracy, federalism, constitutionally-guaranteed basic rights and the pre-em...

by Rahul Mukherji | On 23 Dec 2015

Agriculture and Nutrition in Bangladesh: Mapping Evidence to Pathways

This paper assesses the emphasis of the literature on different agriculture–nutrition pathways in Bangladesh. More research is needed on the links between agriculture and nutrition in country-specific...

by | On 18 Dec 2015

Information Goes Global: Protecting Privacy, Security, and the New Economy in a World of Cross-border Data Flows

information across borders with legitimate government concerns related to public order, consumer privacy, and security. The paper begins by highlighting the risks associated with limitations on free i...

by | On 16 Dec 2015

Monitoring Mortality in Forced Migrants—Can Bayesian Methods Help Us to Do Better with the (Little) Data We Have?

The global number of forced migrants is currently the highest since the Second World War. This is a major concern to public health: lack of access to safe water, food, sanitation, and inadequate shel...

by Peter Heudtlass | On 30 Nov 2015

The Sunday Edit: Elementals: The Arts of Bhopal, 1984-2015

Bhopal is the world’s most frightening laboratory where all experiments, with chemicals and with truth, have gone wrong.

by Pramod K. Nayar | On 29 Nov 2015

Convergence of Social Security Schemes for Elimination of Child Labour

Child labour is a complex problem rooted in poverty, illiteracy and social inequality. The National Child Labour Policy has identified ‘focusing of general development programmes for benefiting child...

by Helen Sekar | On 10 Nov 2015

Gender-Based Violence in Rural Uttar Pradesh, India: Prevalence and Association with Reproductive Health Behaviors

This study provides evidence of the association of violence on the reproductive health behavior of married women in rural India. The study explores the prevalence of different forms of domestic violen...

by | On 29 Oct 2015

An Exploratory Analysis of Deprivation and Ill-Health led Poverty in Urban India: A Case Study of Delhi

This paper examines the multi-dimensional nature of urban poverty with special emphasis on ill-health led deprivation. As a driver of poverty, ill-health reduces the income earning potential and incre...

by Samik Chowdhury | On 20 Oct 2015

Now for the Reality Play

What the government needs to do, perhaps, is to spell out an action agenda for the next four months, in the run-up to the 2016 Budget.

by T.N. Ninan | On 02 Oct 2015

Strong Sustainable Growth for the Indian Economy

How is the RBI helping the government to create the conditions for a sustainable growth? Structural reforms will help strengthen this growth – two weeks ago, the Government announced Indradhanush, la...

by Raghuram G. Rajan | On 25 Aug 2015

The Sunday Edit: Monetary Policy Transmission: Visible Disconnect

Enhancing bank competition, among other measures, could adequately strengthen interest rate transmission; but the danger is in overreaching and losing leverage.

by Ramkishen S. Rajan | On 16 Aug 2015

Future and New Thoughts on Co-operative Banks

The co-operative movement in India is more than a century old; regulation thereof is also more than a century old with the first major impetus provided by the passage of the Co-operative Society Act i...

by R. Gandhi | On 29 Jul 2015

The Sunday Edit: Different Strokes

The processes followed in estimating and adjudicating damage in arriving at the recent settlement in the five-year old BP oil well disaster are an object lesson in what should have happened in the cas...

by Sathinath Sarangi | On 12 Jul 2015

Report of the Sixty-Seventh World Health Assembly on WHO Global Disability Action Plan 2014–2021

This provides guidance on the draft action plan for better health to disable people. There are more than 1000 million people with disability worldwide, about 15% of the global population. The prevalen...

by World Health Organisation (WHO) | On 01 Jun 2015

YOJANA Volume 58, Issue 1- January 2014

The January 2014 issue of YOJANA contains the following articles - Tribal and Marginalized Communities, Constitutional Provisions, Laws and Tribes, Actualising Adivasi Self-Rule, The Food Bill, Wild F...

by Ministry of Information and Broadcasting MIB | On 11 May 2015

Banker-Borrower Interplay: Synergies and Challenges

A determining aspect of the banker-borrower relationship is built on trust and understanding. It is also important that these relationships neither get too cosy nor do they get too strained as either...

by S.S. Mundra | On 27 Mar 2015

Democracy, Inclusion, and Prosperity

People want to live in a safe prosperous country where they enjoy freedom of thought and action, and where they can exercise their democratic rights to choose their government. But how do countries en...

by Raghuram G. Rajan | On 24 Feb 2015

Unravelling India’s Inflation Puzzle

From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...

by Pankaj Kumar | On 19 Aug 2014

Interim Budget 2014-15

Budget speech by 2014-15.

by P Chidambaram | On 17 Feb 2014

Measuring International Remittances in India: Concepts and Empirics

India is the top remittance receiving nation in the world. The international remittance receipts in India have grown at an impressive rate of 300 per cent during the past decade. Understanding the tru...

by Puja Guha | On 13 Sep 2013

Statement by Dr. Raghuram Rajan

Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].

by Sabeeta Badkar | On 05 Sep 2013

Five Years of Leading the Reserve Bank: Looking Ahead by Looking Back

This Tenth Nani A. Palkhivala Memorial lecture lecture centres around the role and responsibility of a central bank in a democratic structure. Central banks make macroeconomic policy that influences t...

by Duvvuri Subbarao | On 30 Aug 2013

The '4 in 1' Training Programme: Capacity Building Initiative for Building Health/Nutrition Workers’ Skills in Infant and Young Child Feeding Counseling

Breastfeeding is the optimal nutrition for infants and reduces the risk of infectious diseases like diarrhoea and pneumonia substantially.4 Breastfeeding may also enhance the effect of some vaccines....

by Breastfeeding Promotion Network of India BPNI | On 06 Aug 2013

Infant and young child feeding

Undernutrition is associated with more than one third of the global disease burden for children under five. Infant and young child feeding is a key area to improve child survival and promote healthy g...

by World Health Organisation (WHO) | On 01 Aug 2013

An Explanatory Analysis of Deprivation and Ill Health Led Poverty in Urban India: A Case Study of Delhi

This paper examines the multi-dimensional nature of urban poverty with special emphasis on ill-health led deprivation. As a driver of poverty, ill-health reduces the income earning potential and incre...

by Samik Chowdhury | On 28 Jun 2013

Compensating Wages for Occupational Risks of Farm Workers in India

Farm workers incur various occupational related risks. The question is whether they are adequately compensated for facing these risks? This paper attempts to measure the wage premiums that farm worker...

by Indira Devi P | On 22 May 2013

Explaining Access to Credit by Rural Households: Results based on a Study of Several States in India

Against the backdrop of evolution of rural credit system in India as well as its observed failure to be inclusive in character, this paper makes use of a fairly large data set of the Center for Manage...

by Saugandh Datta | On 07 Mar 2013

Land Acquisition for Industrialization and Compensation of Displaced Farmers

This paper addresses the question of how farmers displaced by acquisition of agricultural land for the purpose of industrialization ought to be compensated. Prior to acquisition, the farmers are leasi...

by Maitreesh Ghatak | On 22 Jan 2013

Financial Stability Report Issue No. 5

The report reflects the collective assessment of the Sub Committee of the Financial Stability and Development Council (FSDC) on potential risks to financial stability. [RBI]. URL:[http://rbidocs.rbi....

by Reserve Bank of India RBI | On 04 Sep 2012

Determinants of Child Morbidity and Factors Governing Utilisation of Child Health Care: Evidence from Rural India

The objective in this paper is to estimate the role played by such factors in determining the utilisation of formal health care to cure diarrhoea and certain respiratory illnesses plaguing young ch...

by Anindita Chakrabarti | On 02 Jul 2012

Modeling Optimal Time-Differential Pricing of Electricity Under Uncertainty: Revisiting the Welfare Foundations

Modeling of the seasonal time-of-day pricing is done of electricity for two types of power systems – pure hydro and hydro-thermal under four structural welfare assumptions – first-best, second-best,...

by N. Vijayamohanan Pillai | On 20 Apr 2012

Sample Registration System Statistical Report 2010

The Sample Registration System (SRS) in India is the largest demographic survey in the world covering about 1.5 million households and 7.3 million population. It has continued to be the main source o...

by Registrar General, India | On 05 Apr 2012

The Primacy of Public Health Considerations in Defining Poor Quality Medicines

Poor quality essential medicines, both substandard and counterfeit, are serious but neglected public health problems. Anti-infective medicines are particularly afflicted. Unfortunately, attempts...

by Paul N Newton | On 03 Jan 2012

Quality of Maternal Health Care: A Call for Papers for a Maternal Health Task Force–PLoS Collection

The MHTF–PLoS Collection in 2011–12 will focus on quality of maternal health care, as it is clear that such a focus is now a global imperative [9]. The quality of maternal health care is highly va...

by Samantha R Lattof | On 02 Dec 2011

Rejigging the Elephant Dance

India's development challenges. The India growth story was thrown off track by the global financial crisis which engulfed virtually every country in the world. We recovered from the crisis sooner than...

by Duvvuri Subbarao | On 30 Nov 2011

Monetary Policy Dilemmas: Some RBI Perspectives

Over the last decade, the profile of central banks has gone up. First, we had the Great Moderation - a period of extraordinary benign macroeconomic environment globally, characterized by steady growth...

by Duvvuri Subbarao | On 27 Sep 2011

Technology in Banking- In Pursuit of Excellence

The contribution of technology to the Indian banking industry, the role played by IDRBT and the significance of banking technology awards, in fostering the technological developments of banks. Issues...

by Anand Sinha | On 23 Aug 2011

Indian Education System – Issues and Challenges

The role played by Reserve Bank of India (RBI) and the banking system in India in strengthening education system. Realizing the importance of education for the economic development and the overall liv...

by Chakrabarty K C | On 10 Aug 2011

Macroprudential Policies: Indian Experience

Reserve Bank of India (RBI) has been using macroprudential polices, more notably the countercyclical policies, since 2004 as a toolkit for ensuring financial stability though it had used them sporadic...

by Anand Sinha | On 16 Jun 2011

The Wrong War

In a week when the Reserve Bank of India (RBI) has said that combating inflation is now its primary focus, it is important to ask: is RBI fighting yesterday’s war, instead of peering into the future t...

by T.N. Ninan | On 08 May 2011

Report of the Sub-Committee of the Central Board of Directors of Reserve Bank of India to Study Issues and Concerns in the MFI Sector

While this growth is impressive, a number of studies both in India and abroad have questioned whether growth alone is effective in addressing poverty and what the adverse consequences of a too rapid g...

by Reserve Bank of India | On 30 Jan 2011

Monetary Policy, Capital Flows, and the Exchange Rate

The use of monetary policy in India has been constrained by a loose fiscal policy and capital flows. Capital inflows have the potential to cause a Dutch Disease-type situation. The RBI has carried out...

by Partha Sen | On 06 Jan 2011

Measurement of Inflation in India: Issues and Associated Challenges for the Conduct of Monetary Policy

In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation across commodity groups within WPI, and significant volatility in headline WPI in...

by Nadhanael G V | On 08 Sep 2010

Reform of the Fiscal and Subsidy Regime for the Petroleum Sector

Reform of the oil sector is long overdue. The problems in the sector emanate from the structure of central taxes and the system of subsidisation through prices. Solutions to the problems necessa...

by Sebastian Morris | On 08 Jul 2010

OTC Derivatives Market in India: Recent Regulatory Initiatives and Open Issues for Market Stability and Development

The paper seeks to prove the point that the Indian OTC derivatives markets, unlike many other jurisdictions, are well regulated. Only contracts where one party to the contract is an RBI regulated e...

by Dayanand Arora | On 03 May 2010

Third Quarter Review of Monetary Policy 2009-10

The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...

by D Subbarao | On 29 Jan 2010

Where Are India’s International Reserves Invested?

Most standard indicators suggest that India’s reserve stock is more than adequate. The rapid stockpiling of foreign exchange reserves implies that the RBI has been leaning-against-the-wind to keep dow...

by Ramkishen S. Rajan | On 25 Jan 2010

Book Review: Microfinance-Is it a means of Empowering Women?

Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-

by Sanchita Das | On 20 Jan 2010

The Difficulties of the Chinese and Indian Exchange Rate Regimes

China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the...

by Ila Patnaik | On 30 Nov 2009

New Steps to Faster and Broader Debt Relief for Developing Countries

This paper mainly describes he concepts of FTAP and explains the current political state of affairs in the international discussions. [FES]

by Jürgen Kaiser | On 09 Nov 2009

Philosophy and Practice of Financial Sector Regulation – Space for Unorthodoxy

Evolution of the financial sector regulation in India, particularly focusing on the elements of the policy framework which have contributed to the broader stability in the financial sector is depicted...

by Shyamala Gopinath | On 05 Nov 2009

Relevance of Trained Traditional Birth Attendants in Maternal Health Case Study of Tehri Garhwal District Uttaranchal State

The methodology had two parts - secondary data analysis and a descriptive cross sectional study. Secondary date analysis was carried our using a sample of 1,028 men and 1,028 women in the reproductive...

by Pratibha Esther Singh | On 16 Oct 2009

Financing the Panchayati Raj Institutions: Flagging Some Issues For The 13th CFC

The Finances of the PRIs are looked into. The role of 13th Finance Commission is explained. Some ‘learnings’ from International experience is given.

by Abhay Pethe | On 15 Oct 2009

Rural Health Services at Cross-Roads: Insights from Gujarat

The objective of the paper is to i) understand and document the morbidity profile, ii) examine utilisation of health services, and iii) estimate approximate expenses on health care by th...

by Ratnawali Sinha | On 07 Oct 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

Morbidity Patterns In Kerala: Levels and Determinants

This paper examines the levels, patterns, and determinants of morbidity in Kerala. This study is based on a community survey conducted in 2004, in three districts of the state namely Thiruvananthap...

by Navaneetham K | On 14 Aug 2009

Technology, Financial Inclusion and Role of Urban Cooperative Banks

The focus should be to simplify the technology which can operate on any platform. The technology solution to the business needs should be user-friendly without much third-party or IT vendor interventi...

by Chakrabarty K C | On 11 Aug 2009

Impact of Global Financial Crisis on Reserve Bank of India (RBI) as a National Regulator

The multi-dimensional role of RBI and how it reponded to the financial crisis is depicted in the presentation. [Presentation made at the 56th EXCOM Meeting and FinPower CEO Forum organised by APRACA a...

by Usha Thorat | On 15 Jul 2009

Information Technology and Banking – A Continuing Agenda

Speech is about the role of IT in the Indian financial sector [Keynote address at the Banking Technology Awards 2008 of the Institute for Development & Research in Banking Technology, Hyderabad].

by D Subbarao | On 25 May 2009

Summary of the Welcome Remarks by Dr.Bimal Jalan, Governor, at the 11th C.D. Deshmukh Memorial Lecture

Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...

by Dr Bimal Jalan | On 21 May 2009

Labour Management: Oxytocin in the context of the Millennium Development Goals

The appropriate use of oxytocin, one of the drugs on which is the focus in the ‘Tracing Pharmaceuticals’ project, is directly linked to Millennium Development Goals 4 and 5 (relating to child mortali...

by Patricia Jeffrey | On 14 May 2009

Global Financial Crisis: Causes, Consequences and India’s Prospects

Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech deliv...

by Rakesh Mohan | On 29 Apr 2009

Reserve Bank of India Platinum Jubilee Celebrations - Governor’s Address to Staff

The main question that the Governor is asking to the RBI staff is "how can I do my job better so that I can make a positive difference to the country?"

by Duvvuri Subbarao | On 08 Apr 2009

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

The speech mainly throws light upon the impact of financial crisis on emrging economies particulary India. [Speech delivered at Reserve Bank of India at the RBI-BIS Seminar at Hyderabad].

by Duvvuri Subbarao | On 05 Dec 2008

Contemporary International and Domestic Banking Developments and the Emerging Challenges

A broad overview, from the Indian perspective, of the factors underlying the credit market crisis in the west, the implications of the crisis for the financial sector, lessons learnt from it, the var...

by Leeladhar V | On 25 Nov 2008

India’s Macroeconomic Performance

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external bala...

by Shankar Acharya | On 02 Nov 2008

International Financial Regulation : The Quiet Revolution

The author points out that the general directions of change adopted by the financial authorities in countries around the world in response to the market turbulence of 1997 and 1998 are correct. But, e...

by Howard Davies | On 14 Oct 2008

Maternal Morbidity in Rural Andhra Pradesh

Pregnency constitutes a high risk of morbidity and mortality due to associated psychological stress. Many women do not die of causes related to pregnency but suufer severe morbidities. in developing c...

by G Rama Padma | On 30 Sep 2008

Payment and Settlement System in India

The lecture is about the payment system in India, which is an important element of the financial sector infrastructure. The lecture also shows the evolution and objectives of the Indian payment system...

by Leeladhar V | On 25 Sep 2008

Financial Inclusion and Information Technology

Today banks have centralised operations, more and more banks and branches are moving to CBS , network based computing, new delivery channels such as networked ATMs, internet banking, smart card based...

by Usha Thorat | On 16 Sep 2008

The Indian Banking Industry – A Retrospect of Select Aspects

A broad overview of the achievements and progress made by the Indian banking sector in the last two decades and the emerging frontiers of the Indian banking system, in the post-reform era. [Address d...

by Leeladhar V | On 11 Aug 2008

Macroeconomic and Monetary Developments First Quarter Review 2008-09

The Reserve Bank released the document “Macroeconomic and Monetary Developments: First Quarter Review 2008-09” to serve as a backdrop to the First Quarter Review of Annual Policy Statement for 2008-0...

by Reserve Bank of India | On 28 Jul 2008

Sins of Omission

The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.

by T.N. Ninan | On 19 Apr 2008

Sins of Omission

The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.

by T.N. Ninan | On 19 Apr 2008

Andhra Pradesh Budget 2008-09

SPEECH OF SRI K. ROSAIAH, HONOURABLE FINANCE MINISTER WHILE PRESENTING THE BUDGET FOR THE YEAR 2008-09 TO THE ANDHRA PRADESH STATE LEGISLATURE.

by Government Andhra Pradesh | On 10 Mar 2008

The Growth Record of the Indian Economy, 1950-2008: A Story of Sustained Savings and Investment

A review of the overall macroeconomic performance in India since independence, the prospects for the coming five years and finally the issues that need to be addressed for sustaining the growth of the...

by Rakesh Mohan | On 16 Feb 2008

Regulation of Informal Financial Institutions: A Study of Money Lenders in Kerala

The working of money lenders in Kerala are analysed. Based on a sample survey, the paper has estimated the volume of deposits and credits extended by money lenders in Kerala and has brought out the un...

by P D Jeromi | On 13 Feb 2008

Gender Planning, Budgeting and Auditing

This manual is intended to help local governments to uphold the human rights of women, by involving them in identifying their needs and with their participation, to find possible solutions and move to...

by Aleyamma Vijayan | On 04 Feb 2008

Fasten Your Seatbelts! Monetary Policy Challenges in Turbulent Times

One of the burning issues at the moment relates to increasing the “voice” or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There a...

by Mboweni T.T. | On 13 Nov 2007

Monetary Conditions Index for India

The authors attempt to construct a monetary conditions index (MCI) for India in order to take both interest rate and exchange rate channels simultaneously into consideration while evaluating the stanc...

by Kannan R | On 08 Nov 2007

Customer Centricity and the Reserve Bank

The Reserve Bank, as the regulator of the banking sector, has been actively engaged, from the very beginning, in the review, examination and evaluation of customer service in the banks. It has been re...

by Leeladhar V | On 26 Oct 2007

Non Deliverable Foreign Exchange Forward Market: An Overview

Recognising the growing activity in the non deliverable forward (NDF) market in the recent years, the paper attempts to present a detailed analysis of the NDF market with special focus on Indian rupee...

by Sangita Misra | On 22 Oct 2007

Elements of Effective Central Banking: Theory, Practice, and History

The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...

by Marvin Goodfriend | On 09 Oct 2007

Between Stools

Different options that RBI and government must decide regard to future inflows of international capital to India.

by T.N. Ninan | On 08 Oct 2007

Report of the Working Group on Preparing Guidelines for Access to Payment Systems

The Reserve Bank had constituted an internal working group to review the existing access criteria and suggest changes that may be adopted for access to Payment and Settlement Systems. The Group has pr...

by Reserve Bank of India | On 05 Oct 2007

Reproductive Health Research Priorities in India: a Framework for Action

A research framework is proposed that needs to be pursued in order to achieve RCH goals in time bound manner. It is being argued that need for additional research inputs largely stems from the current...

by Dinesh Agarwal | On 01 Oct 2007

The Reserve Bank and the State Governments: Partners in Progress

The States, relative to the Centre, have taken the centre-stage in the reform process since the areas of highest national priority now fall essentially within the purview of the States. The unique and...

by Y V Reddy | On 26 Sep 2007

Holding Companies in Banking Groups

RBI seeks comments from the public for this paper. Comments may be sent to the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank of India, Central Office,...

by Reserve Bank of India | On 19 Sep 2007

India’s Preparedness for Basel II Implementation

Evolution of the revised framework, its broad structure, preparatory measures taken by the RBI for implementing this framework and the challenges that will need to be tackled in migration to Basel II...

by Leeladhar V | On 14 Sep 2007

RBI Annual Report for 2006-07

Annual report of RBI for the year 2006-07

by Reserve Bank of India | On 31 Aug 2007

Contagion Again?

Financial contagion is dangerous because you don’t know where it will hit, and how hard. Every country has to remmber this and make arrangements so that a criris does not repeat as happenend in 1997 (...

by T.N. Ninan | On 13 Aug 2007

Foreign Exchange Reserves

The report is a compilation of quantitative information with regard to external reserves, such as, level of foreign exchange reserves, sources of accretion to foreign exchange reserves, external liabi...

by Reserve Bank of India | On 26 Jul 2007

Governance Institutions and Development

The problem of corruption has become very important in recent thinking on development policy. But corruption is only a part of the more general issue of economic governance, and of more general policy...

by Avinash K Dixit | On 17 Jul 2007

Statistical System of India: Some Reflections

The historical development of statistics in India is outlined. The application of statistics in RBI and the areas where statisticians can contribute significantly are also given [Speech delivered on T...

by Rakesh Mohan | On 10 Jul 2007

Glimpses of Indian Economy and its Financial Sector

A brief introduction to Reserve Bank of India, followed by glimpses of the Indian economy. A detailed account of reforms in India’s financial sector, in particular, the banking sector, and financial m...

by Y V Reddy | On 05 Jul 2007

Growth Data: What's the Real Story

What will be the country’s real growth story after the data revision?

by Savita Kulkarni | On 19 Jun 2007

Time to Mainstream Micro-Pensions in India

The paper has argued that to expand coverage of micro-pensions, social entrepreneurship (along with social responsibility) will be needed by the financial sector, including the MFIs, insurance compani...

by Mukul Asher | On 08 May 2007

Women's Health

The double burden carried by women explains their chronic state of malnutrition, overwork and fatigue. Added to these are the stresses and strains of modern life, environmental degradation and increa...

by Jan Swasthya Abhiyan | On 28 Feb 2007

Reserve Bank of India Occasional Papers

The objective of the Reserve Bank of India Occasional Papers is to publish high quality research produced by the staff of the Reserve Bank of India on a broad array of issues of interest to a large...

by Reserve Bank of India | On 10 Jan 2007

Maternal Mortality in India, 1997-2003 : Trends, Causes and Risk Factors (Sample Registration System)

This Report provides estimates of maternal mortality for the period 1997-2003. The study shows that overall MMR which was in the vicinity of 400 in 1997-98, has come down to about 300 in 2001-03, thus...

by Registrar General, India | On 20 Dec 2006

Revisiting Primary Health Care in the 21st Century

Although ‘Primary Health Care’, as outlined in the famous Alma Ata Declaration has been a central concept and strategy in the field of health care in the late 20th century, it has not found mention in...

by Anant Phadke | On 11 Dec 2006

The Extent of Exchange Rate Flexibility in India: Basket Pegger or Closet US Dollar Pegger?

This paper examines the degree of de facto exchange rate flexibility for India over the last two decades. While there is a diversity of methods that measure de facto exchange rate regimes, none indivi...

by Tony Cavoli | On 08 Mar 2006

Infant And Child Health: NBER Research Summary

Why has the underlyinghealth or morbidity of newborns, as proxied by the rate of low birth weight births, remained so immovable? Even more baffling, why has there been so little change in newborn heal...

by Ted Joyce | On 06 Aug 2005