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 markets [Speech delivered at the Central bank of Russian Federation].

From the early 1990s, India embarked on easing capital controls. Liberalization emphasised openness towards equity flows, both FDI and portfolio flows. In particular, there are few barriers in the face of portfolio equity flows. In recent years, a massive increase in the value of foreign...

This consultation paper attempts to solicit the views of stakeholders on the issues involving quality of service aspects of cable television service in non-CAS area. Additionally, some new quality of service issues have recently emerged during implementation of quality of service regulations in...

The purpose of this study is to review the changes that have taken place recently in water supply and sanitation services and examine the role of various stakeholders involved in urban governance in this sector. [CSH Occassonal Paper N 22/2008].

The report of the Expert Committee provides a broad overarching framework for guiding the policies governing the production and use of different forms of energy from various sources. It makes specific recommendations on a very large range of issues. The report is a valuable input into policy...

Productivity growth has long been associated with, among others, contestability of markets which, in turn, is dependent on the ease with which potential competitors to the incumbent firms can enter the product market. There is a growing consensus that in emerging markets regulatory and...

This study examines the consequences of a) a domestic carbon tax policy, and, b) participation in a global tradable emission permits regime on carbon emissions, Gross Domestic Product (GDP), and poverty, in India. The results, based a computable general equilibrium model of the Indian economy,...

The present study based on Gujarat provides interesting insights on medical abortion. Based on interviews with a few chemists, drug industries and the service providers, maladies in the provision of medical abortion that has not yet become widely available or used are identified. These include,...

In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of monthly data, each observation of a one-year change in inflation is the sum of twelve one-month changes. This suggests that better information about inflationary pressures can be...

The important elements of inclusive growth are: agricultural growth, employment generation and poverty reduction, social sector (health and education) and reduction in regional and other disparities. This paper focuses on these four elements of inclusive growth. It suggests several policies for...