Indo Pacific Economic Framework

The Quad leaders launched Indo Pacific Economic Framework (IPEF) at the recently held Quad summit in Tokyo. In this episode, Megha Pardhi and Manoj Kewalramani discuss various aspects of IPEF.

Ep. 816: Time to Focus on Inflation Again

With the latest retail inflation figures coming in at 6.95%, the focus should shift to inflation and monetary policy. The RBI is bound by an inflation targeting mechanism, where it is accountable to parliament when inflation is in excess of 6% for three consecutive quarters. Anupam Manur and Mihir Mahajan discuss the evolution of central bank mandates, the inflation targeting mechanism and why the RBI has been let-off easily this time despite inflation breaching the comfort zone.


  1. Deccan Herald report on inflation
  2. Hindi Films adjusted for inflation [cartoons]
  3. Petrol prices [twitter thread by James Wilson]

Ep. 76: सरकार और बाज़ार: कभी नीम नीम कभी शहद शहद

In this episode, political scientist and economic historian Rohit Chandra (@rohitreads) gives an account of business-state relations in India over the last two decades. In this wide-ranging conversation, we discuss trends of market concentration since 2014, the state of public sector units, small businesses, and the state of banking among other things. Rohit, together with …

Ep. 75: भारत में बैंकिंग: हुंडी से सरकारीकरण तक

What’s the history of banking in India? Do bank deposits lead to bank loans or is it the other way around? Why did coastal Karnataka spring up so many private banks? In this episode, Amol Agrawal (@mostlyeconomics), Assistant Professor at Amrut Mody School of Management, Ahmedabad University, gives us a tour de force of the …

The Environment in India’s Law & Courts

Can India’s courts and laws protect the country’s environment? Pavan Srinath on Episode 140 of The Pragati Podcast revisits the topic on World Environment Day 2020 with Supreme Court Lawyer Ninad Laud. [iframe src=’’ width=’100%’ height=’304′ frameborder=’0′ scrolling=’no’ allow=’autoplay’] Ninad Laud was previously on Episode 73 of The Pragati Podcast to discuss the legal history …

The Science of Economics

Ajay Shah talks to Pavan Srinath about the scientific pursuit of economics on Episode 129 of The Pragati Podcast.  [iframe src=’’ width=’100%’ height=’304′ frameborder=’0′ scrolling=’no’ allow=’autoplay’] The science of economics can often be misunderstood. Economics as a discipline is riddled with paradoxes. We often want economics to be able to predict the next crisis, while …

प्रयोगशास्त्र: रैण्डमाइस्ड कंट्रोल ट्रायल की कहानी

यह चर्चा है रैण्डमाइस्ड कंट्रोल ट्रायल (RCT) के बारे में, एक ऐसी प्रक्रिया जिसने अर्थशास्त्र करने का तरीका ही बदल कर रख दिया | यह प्रकिया मेडिकल रिसर्च में उपयोग की जा रही थी लेकिन अब इसका प्रयोग गरीबी उन्मूलन के लिए भी हो रहा है| इस सोच के लिए अभिजीत बैनर्जी, एस्थर डूफ्लो, और माइकल क्रेमर को इस साल का नोबेल पुरस्कार भी मिला | तो हमने चर्चा की अपूर्व कुमार के साथ RCT के उपयोग, दुरुपयोग, और नैतिकता के बारे में |

ಆರ್ಥಿಕ ಸಂಶೋಧನೆ: ಹೇಗೆ? ಏಕೆ? How Does An Economist Solve Problems?

This is episode 47 of Thalé-Haraté, a weekly Kannada podcast hosted by Pavan Srinath, Surya Prakash BS and Ganesh Chakravarthi. [iframe src=”” height=”90″ width=”640] ವಿದ್ಯಾಭ್ಯಾಸವು ಜನರ ಸಾಮಾಜಿಕ ಮತ್ತು ಆರ್ಥಿಕ ಸ್ಥಿತಿಯನ್ನು ಉತ್ತಮಗೊಳಿಸುವುದರ ಬಗ್ಗೆ ಸಾಕಷ್ಟು ಸಂಶೋದನೆಗಳಿವೆ. ಆದರೆ ಬರೇ ಒಂದು ವರ್ಷದ ಅವಧಿಯನ್ನು ಶಾಲೆಯಲಿ ಅಥವಾ ಕಾಲೇಜಿನಲ್ಲಿ ಕಳೆದರೆ ಇಂತಹ ಬಲಾವಣೆಗಳನ್ನು ಕಾಣಬಹುದು? ದೇಶದ ಮಟ್ಟದಲ್ಲಿ ಯಾವ ರೀತಿ ಪರಿವರ್ತನೆಯನ್ನು ಮೂಡಿಸಬಹುದು? ಇಕೊನೊಮಿಸ್ಟ್ಸ್ ಅವರು ಈ …

ಗ್ರಾಮಗಳು ಪ್ರಜಾಪ್ರಭುತ್ವದ ಯಶಸ್ಸು. Gram Sabhas & Democracy.

This is episode 23 of Thalé-Haraté, a weekly Kannada podcast hosted by Pavan Srinath, Surya Prakash BS and Ganesh Chakravarthi. [iframe src=”” height=”90″ width=”640] ನಗರ, ರಾಜ್ಯ ಮತ್ತು ದೇಶದ ಬಗ್ಗೆ ಸಾಕಷ್ಟು ಚರ್ಚೆಗಳು ಕೇಳಸಿಗುತ್ತವೆ. ಆದರೆ ಹಳ್ಳಿಗಳ  ಬಗ್ಗೆ ಬರಗಾಲ ಬಂದಾಗ ಮಾತ್ರ ನಮ್ಮ ಗಮನ ಹರಿಯುತ್ತದೆ. ಭಾರತದಲ್ಲಿನ ಹಳ್ಳಿಗಳ ಆಡಳಿತ ಹೇಗೆ ನಡೆಯುತ್ತಿವೆ? ಪ್ರಜಾಪ್ರಭುತ್ವ ನಮ್ಮ ಹಳ್ಳಿಗಳಲ್ಲಿ ಎಷ್ಟರಮಟ್ಟಕ್ಕೆ ಆಚರಣೆಯಲ್ಲಿದೆ? ನಮ್ಮ ತಲೆಹರಟೆ ಪೋಡ್ಕಾಸ್ಟಿನ 23ನೆ …

Public Choice, Voting and Governance

Is it rational to vote? Is it rational for us to think about government as a benign entity? Amit Varma is back on Episode 92 of The Pragati Podcast to talk about public choice theory and how it can inform our thinking about governments and public decision-making.

An Economics Ramble

Host Amit Varma is joined by Vivek Kaul and Kumar Anand in episode 107 of The Seen and the Unseen to talk about the economic landscape of the day. Subjects discussed include the interim budget, the minimum income guarantee, the jobs crisis and how good politics leads to bad economics.

Run! The Robots Are Coming!

Like all technology, Artificial Intelligence (AI) will make humanity better off in the long run. But in the short run, it will cause much disruption. Futurist Ramez Naam and policy wonk Pavan Srinath join Amit Varma in Episode 16 of The Seen and the Unseen.

My Reasons for Hope and Despair

If we cannot educate ourselves out of the spreading illiberalism, then what can be done? While I am deeply cynical about reforming political institutions, I have the greatest conviction in the ingenuity of the human mind.

Our Task is to Build the Foundations

We might actually be in a better position today than our counterparts a hundred years ago. We might not feel that way, but compared to the task of persuading society that every human being is equal regardless of caste, religion or gender, our challenges are relatively easier.

Give Us This Day Our GST

Reform idea: Along with State and the Union governments, allow local governments to get a share of the Goods and Services Tax, linked to the performance of the local economy.