Category Economy and Infrastructure

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Recalibrating India’s Industrial Yardstick: An Assessment of India’s Index of Industrial Production (IIP) Base Year Revision to 2022-23

Policy UpdateAnushree Khare Background  India’s Index of Industrial Production (IIP) is a monthly indicator from the National Statistical Office (NSO) that measures volume changes in physical production against a base year, acting as an early indicator of economic health.  For…

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Regulating Foreign Influence: Assessing the Strategic Implications of India’s FCRA Reforms in 2026

Policy UpdateRiddhi Suthar Background  The main piece of legislation in India that governs acceptance and utilization of foreign contributions and foreign hospitality by individuals, associations, and non-governmental organizations (NGOs) is the Foreign Contribution (Regulation) Act (FCRA), 2010. The need for…

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India’s Trade Resilience in May 2026: How Export Diversification and Services Absorbed an Oil Price Shock

India’s merchandise exports were at their highest level ever recorded; the growth in each segment was widespread and included almost all segments of the economy. However, the trade deficit widened by $3.7 billion over last year’s figure of $6.8 billion to reach $10.5 billion.

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Strengthening India’s Air Defence Ecosystem: Emerging Challenges and Strategic Priorities

In modern times, Air defence has emerged as an important part of the national security of India. Air defence is no longer just about keeping enemy aircraft out of the airspace but has grown in scope in the wake of the evolution of warfare and the widespread adoption of modern missile systems, drone warfare, electronic warfare and cyber warfare.

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The Trilemma of Direct Benefit Transfers and Welfare Fiscal Policies  on Governments During Inflation

Mansi Tirthani Background Over the past decade, India’s welfare mechanism at macro economic level, has transitioned from indirect, leaky based subsidies into a more direct and digitized version focusing on asset and cash distribution networks. Based on the already existing…

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The Gendered Cost of Depreciating Rupee

Mansi Tirthani Background Indian rupee is under global pressure hitting historic lows to ₹95 per dollar. This macro volatility ceases to be a mere statistic but in reality it transforms into a structural crisis that impacts women differently. Macroeconomic shocks…

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