Topic: Public policy

India’s Growth Targets: Plan in INR
January 22, 2025

India’s Growth Targets: Plan in INR

IMC Journal (opens a pdf) GDP targets set in terms of a foreign currency can lead to unintended consequences: India must consider setting growth goals in its own currency India has experienced...
Urban growth takes a toll
December 18, 2024

Urban growth takes a toll

Financial Express (two parts) India’s urbanization is expanding the geographical footprint of cities Tolling in what have become arterial roads in cities gets a pushback from citizens As...
IVCA GreenReturns Summit, 2024 – New Delhi
December 02, 2024

IVCA GreenReturns Summit, 2024 – New Delhi

The inaugural two-day Indian Venture and Alternate Capital Association (IVCA) GreenReturns Summit 2024 in Delhi on Dec 2-3 features a stellar set of speakers and panels The event covers a wide...
Green transition: Reducing the cost of capital
October 18, 2024

Green transition: Reducing the cost of capital

Financial Express The capital stack of green transition industries will continue to evolve as industries mature Reducing the cost of capital requires smart financial engineering Green...
SC Garg’s Explanation and Commentary on the Budget 2024-25
October 08, 2024

SC Garg’s Explanation and Commentary on the Budget 2024-25

Book review Link to the book on Amazon There used to be the Nani Palkhivala lectures on the Indian Budget Thirty years after they ended in 1994, a new annual series of books by former Finance...
Mumbai’s Road to Resilience: Managing in a Climate Crisis
September 18, 2024

Mumbai’s Road to Resilience: Managing in a Climate Crisis

IMC Journal (opens a pdf) I am anxious I am anxious about traffic jams Every year in the winters, I drive between 2,000 and 4,000 kilometers across India The most stressful thing about a drive...
Green trifecta: Financing higher retail capex in a low greenium world
August 16, 2024

Green trifecta: Financing higher retail capex in a low greenium world

Financial Express Green transition (a) requires an increased share of investments by households, (b) creating an economy with higher capex and lower opex, and (c) without material green...
Creating India’s Climate Stack
July 19, 2024

Creating India’s Climate Stack

Financial Express Data and models of climate change are required by society, business, and policymakers: building a tool which houses a common understanding can empower all stakeholders Digital...
Climate Policy Lab Academy 2024
July 03, 2024

Climate Policy Lab Academy 2024

A country makes big commitments at a mega climate event For its people and industries, it then announces many policies to meet its commitments How would you know if the policies (and their eventual...
Careers in economics and public policy
June 18, 2024

Careers in economics and public policy

Career Day at OIS Last year and again this year, I gave a talk at Oberoi International School JVLR to the students of high school on careers in economics and public policy I highlighted five...
Union Finances: Budgeting for long-term macro stability
March 19, 2024

Union Finances: Budgeting for long-term macro stability

IMC Journal (page 7; opens a pdf) Long-term trends on revenues, expenses, and debt of Union government show (a) India’s path from subsidies to capex, (b) a more conservative fiscal stance,...
Holding up half the sky
March 17, 2024

Holding up half the sky

The Financial Express The changing circumstances, choices, and careers of women in India will shape the outcomes on demographics, demand, and destiny We look at key macro trends to...
Mobilising Climate Finance Through Long-Term Currency Swaps
June 17, 2023

Mobilising Climate Finance Through Long-Term Currency Swaps

Akhilesh Tilotia and Jayant Sinha The Economic Times The global South requires trillions of dollars of private sector investments every year in climate mitigation, adaptation, and...
Green finance: Calibrating capital and regulations for different stages
June 08, 2023

Green finance: Calibrating capital and regulations for different stages

Financial Express Climate adaptation, mitigation, and resilience require trillions of dollars of financing Green finance has hence caught the attention of companies, investors, regulators,...
India macro-2023: Prepare while the sun shines
February 13, 2023

India macro-2023: Prepare while the sun shines

Financial Express For the month of December 2022, the purchase manager index (PMI) for India was 594, almost touching multi-decadal highs PMI above 50 is taken to mean that an expansionary...
Crystal gazing global growth 2023
December 31, 2022

Crystal gazing global growth 2023

Indian Merchant's Chamber (IMC) [opens pdf] The last few years have conclusively shown that real outcomes are a lot more interesting than what even the most egregious forecasts can...
Reducing greenhouse gasses: Pathways to achieving the objective
October 07, 2022

Reducing greenhouse gasses: Pathways to achieving the objective

Adding a monetary value to carbon can incentivize or disincentivize some sectors; setting performance standards can create a race for innovation Financial Express “Bending the...
Net Finance – A companion to Net Zero
June 23, 2022

Net Finance – A companion to Net Zero

The Financial Express India made five commitments at COP26: (1) it will increase its non-fossil energy capacity to 500 GW by 2030; (2) it will meet 50 percent of its energy requirements...
Shaping our Green Future: Pathways and Policies for a Net Zero Transition
November 03, 2021

Shaping our Green Future: Pathways and Policies for a Net Zero Transition

Observer Research Foundation (ORF) put together a monograph on Shaping Our Green Future: Pathways and Policies for a Net-Zero Transformation 1 They pulled together a fantastic set of...
Financing the Green Transition
August 13, 2021

Financing the Green Transition

Financial Express New sources of capital and new instruments are required to power the green transition Green Transition is a reality: it is here and now The recent spate of...
Urban development and green finance: Blending two mega trends
July 12, 2021

Urban development and green finance: Blending two mega trends

Financial Express Writing on LinkedIn recently, Hon’ble Prime Minister Shri Narendra Modi said, “The 15th Finance Commission and several academics have emphasised the crucial importance...
Attracting Large Pools of Capital for a Green Transition
June 17, 2021

Attracting Large Pools of Capital for a Green Transition

Financial Express India is a signatory and strong advocate for the United Nations Framework Convention on Climate Change (UNFCCC), and the only large country on track for emissions reduction...
Learnings from the digital Co-WIN app
May 09, 2021

Learnings from the digital Co-WIN app

Last weekend, I was part of a rather novel experience A group of us designed a portal that pulled data from the Co-WIN APIs to showcase where the vaccine slots were available This...
Modelling the vaccine market in India
May 03, 2021

Modelling the vaccine market in India

A new chapter has opened up in India’s fight against Covid-19 with three big changes in April Starting May, vaccines are now available for all adults in India The central government is no longer...
Know when vaccine slots become available
May 02, 2021

Know when vaccine slots become available

Click here to check availability for slots for those in the 18-44 age range The full link is this: http://vaccineavailabilityatilotiacom/ Use filters to check whether...
‘Moving epicenters’ – preparing India for future waves of Covid
April 25, 2021

‘Moving epicenters’ – preparing India for future waves of Covid

India faced a severe second wave of Covid-19 – actionable public policy recommendations to prepare ourselves better An unexpected, unprecedented 16X surge Around end March 2021,...
Net-zero will require a serious effort – now!
April 01, 2021

Net-zero will require a serious effort – now!

Book review of Bill Gates': "How to Avoid a Climate Disaster" Financial Express This book should be a required reading for anyone interested in:• the “big picture” of greenhouse...
Annual report of IIMA Public Policy ASIG
February 04, 2021

Annual report of IIMA Public Policy ASIG

I co-lead as an alumni coordinator the IIMA Public Policy Alumni Special Interest Group’s (PP ASIG) Learn more about the IIMA PP ASIG's activity highlights from 2020 in the #AnnualReport...
Larger incomes to tax or larger taxes on incomes?
October 26, 2020

Larger incomes to tax or larger taxes on incomes?

Budget 2020 cares for people’s economic aspirations, says Axis Bank’s Akhilesh Tilotia India’s response to its dilemma will determine whether budgets of the next decade will have...
Building “digital cocoons” for the population
May 15, 2020

Building “digital cocoons” for the population

Covid-19 highlights the importance of and urgent need to build ‘digital cocoons’ for the whole population The Covid-19 series of lock-downs have brought very different experiences for...
Leveraging open data for policy making
September 05, 2019

Leveraging open data for policy making

Large digital databases like the GST Network can give granular insight, create predictive models; this can lead to more grounded interventions A lot has been said about the current economic...