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Author: C. P. Chandrasekhar

Home C. P. Chandrasekhar
This author has written 429 articles

Budget-making as Political Instrument

  • February 4, 2025
  • C. P. Chandrasekhar
  • Fiscal Policy, Macroeconomics
  • 0 Comments

If an element of surprise is a hallmark of a good budget, then Finance Minister Nirmala Sitharaman can pride herself on having won the day on February 1. In a briefer than usual Budget speech, reflecting impatience to get to…

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The Goal of Viksit Bharat, the Budget’s play with Numbers

  • February 3, 2025
  • C. P. Chandrasekhar
  • Economy and Society, Fiscal Policy, Political Economy
  • 0 Comments

Implicit in the Budget is the hope that tax concessions will result in spending and also reviving GDP growth, and ‘incentivising’ the corporate sector will revive private investment The background to Budget 2025-26, as presented even by the official Economic…

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The Odd Behaviour of the Rupee

  • January 21, 2025
  • C. P. Chandrasekhar and Jayati Ghosh
  • Macroeconomics, Monetary Policy
  • 0 Comments

If a spate of recent headlines in the media is to be believed, the rupee is in free fall. That is true when the rupee’s value vis-à-vis the dollar is the sole focus. While the rupee stood at 84.1 to…

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What’s Really Happening with Women’s Employment in India?

  • January 7, 2025
  • C. P. Chandrasekhar and Jayati Ghosh
  • Development Economics, Employment
  • 0 Comments

The most recent annual report of the NSSO’s Periodic Labour Force Surveys indicate an increase in aggregate employment rates, after a prolonged period of decline and/or stagnation since 2011-12. This is dominantly due to a significant recovery and rise in…

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Signals from the Banking Sector

  • December 24, 2024
  • C. P. Chandrasekhar and Jayati Ghosh
  • Development Economics, Monetary Policy, Political Economy
  • 0 Comments

The sense in business circles, that demand is weak and growth is slowing down, was confirmed when GDP figures for the second quarter (July-September) of financial year 2024-25 showed growth at 5.4 per cent. This was well below forecasts of…

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What does “Global Growth” actually Mean?

  • December 10, 2024
  • Jayati Ghosh and C. P. Chandrasekhar
  • Development Economics, Macroeconomics, World Economy
  • 0 Comments

It’s common to hear analysts talk of “global growth” in a way that suggests that everyone in the world is affected by it equally. Of course, it is well known that this is not true either across or within national…

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COP29: The message from Baku

  • December 1, 2024
  • C. P. Chandrasekhar
  • Climate Finance
  • 0 Comments

When Azerbaijan as the Presidency of this year’s Conference of Parties (COP29) held at Baku, in Azerbaijan, informed delegates working on extended time that participating countries had arrived at an agreement, there were many who disagreed. India, using an odd…

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The COP29 Collapse

  • November 26, 2024
  • C. P. Chandrasekhar and Jayati Ghosh
  • Climate Finance, World Economy
  • 0 Comments

Extended by a day in a show of symbolism, this year’s climate summit, the 29th Conference of Parties (COP29), ended in collapse. The widespread consensus that this was the case concealed, however, differences as to what reflected the collapse. Developed…

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Diplomacy as Diversion

  • November 25, 2024
  • C. P. Chandrasekhar
  • Climate Finance
  • 0 Comments

In global climate negotiations, that continued at the twenty ninth edition of the Conference of Parties (COP29) in Baku, Azerbaijan, there is agreement on one issue. If the international community has to take forward a multilateral agenda to keep global…

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The Geopolitics of the Natural Gas Trade

  • November 13, 2024
  • Jayati Ghosh and C. P. Chandrasekhar
  • Industry, World Economy
  • 0 Comments

There’s no doubt that the election of Donald Trump as the next President of the United States sets the stage for further expansion of fossil fuel production in the US, especially of natural gas, of which the US has emerged…

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