This paper discusses the opportunities and challenges arising from the adoption of CBDCs at the conceptual level and specifically in the Indian context.
We hosted a 'Tech for Thought: A KnowledgeTransfer series' workshop, titled 'CBDCs: Redesigning Digital Futures', on September 14. The event aimed to answer questions such as, what exactly are CBDCs? How do they work? How will they be regulated?
China’s central bank has plans to roll out a digital yuan, which could circumvent the U.S. dollar in important global financial transactions. Here are some ways the digital yuan could pose a challenge to the dollar’s prominence.
India has proposed a simpler set of rules for drones. These rules could offer a welcome opening for India’s economy.
As India’s economy has become more urban and industrialized, property and land rights have evolved, too. In the states of Gujarat and Karnataka, key reforms in land leasing and change in land use show what may—and what may not—be a path forward
The World Trade Organization’s Trade Facilitation Agreement has placed trade facilitation initiatives high on the agenda of international governments. This case study of India studies what trade facilitation may mean for a fast-paced economy.
As India’s economy recovers from the coronavirus pandemic, Indian businesses need efficient financial structures to regain their ground. Key reforms to India’s Insolvency and Bankruptcy Code could fill these gaps.
Numerous changes to India's fiscal architecture in the last six years will have far-reaching consequences for the country's political economy, institutions, and economic policies. Suyash Rai and Josh Felman analyze the Union Budget 2021 and recommendations by the 15th Finance Commission.
The Union government's recently introduced farm laws aimed at reforming India's agriculture sector have faced stringent opposition from farmers and traders. Anirudh Burman and Suyash Rai discuss the role and structure of these laws and their revolutionary potential for the country's rural economy.
Unless the Modi government comes up with some out-of-the-box solution, the demand for recapitalization could derail its fiscal plans for the year.