ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

ConstraintsSubscribe to Constraints

Economic Slowdown and Financial Fragility

The Indian economy is presently gripped by the dual phenomenon of an unprecedented slowdown as well as financial fragility. What has triggered this? Is this simply a random exogenous shock to an otherwise well-functioning economy? Or, is there anything structural about the present slowdown? What are the binding constraints for recovery? These questions are addressed in the context of India’s overall growth trajectory and policy regime in the last two decades.

Financing Capital Investments in Urban Infrastructure

In recent years arranging funds for infrastructural facilities, particularly urban basic services, has become the major plank of urban development policy in India. In the absence of a current account surplus, governments have been forced to look for alternative sources of financing long-term investments needed for urban basic services. This paper examines the nitty-gritty of alternative/unconventional modes of financing infrastructure, particularly, urban basic services in the country and analyses their feasibility in the current urban context.
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