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Taxing Smarter, Growing Faster: GST 2.0’s Real Test Lies in the States

Macro & Public Finance

Taxing Smarter, Growing Faster: GST 2.0’s Real Test Lies in the States

by Dr. Prachi Mishra, Shohan Mukherjee

Roughly half of Indian states’ own tax revenue comes from the goods and services tax (GST). They have the capacity to increase this source of income. Here's how a small investment today could lead to a broader tax base tomorrow.

05 October, 2026

AI won’t create India’s jobs crisis, but it could deepen it

Employment

AI won’t create India’s jobs crisis, but it could deepen it

by Dr. Kanika Mahajan, Dr. Anisha Sharma, Dr. Mansi Wadhwa

Educated youth face a challenging job market with fewer middle-skill opportunities. Many new jobs are in low-productivity agriculture or informal services. AI threatens cognitive jobs, widening the existing skills divide. India must create productive non-farm work and expand tech-complementary roles. Targeted AI skilling is crucial to secure the demographic dividend.

18 August, 2026

Sovereign Credit Ratings Aren’t Just Math. A Four-Step Rating Agenda for India

Macro & Public Finance

Sovereign Credit Ratings Aren’t Just Math. A Four-Step Rating Agenda for India

by Dr. Prachi Mishra

An in-depth study of what global rating agencies examine in their assessment could guide an approach to debt management that would help deliver upgrades over time. This matters—a better rating would help lower the cost of capital in India.

13 August, 2026

Strong health systems for all with better public spending

Macro & Public Finance

Strong health systems for all with better public spending

by Vikas Dimble, Nalini Gulati

With foreign aid cuts and strained domestic budgets, the way forward may be to spend available money better

03 August, 2026

India's regulators need more independent voices, less insider control

Regulation

India's regulators need more independent voices, less insider control

by Dr. K P Krishnan

Complex markets require independent voices and diverse expertise. India's regulatory architecture is missing both

16 July, 2026

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