India has been evolving as one of the world's most dynamic consumption environments and is expected to maintain steady economic growth.
Many still avoid using banking instruments to save despite having access to banks, as per the ICE 360° survey...
The richer income classes save much more than the poorer classes in banks but they also invest more heavily in capital markets (and/or insurance) as well as in physical assets...
The survey also shows that in 20% of households with access to banking, the breadwinner (or chief wage earner) does not use banking instruments to save...
Most CWEs who do not save in bank despite access to banking in their household are poorly schooled, and belong largely to rural India...
As of 2024–25, Marginal (less than 1 ha) and Small (1–2 ha) account for 29% and 41% of all annadata households respectively, together comprising over 70% of India’s farming population.....
India’s formidable 420-million strong population of youth embodies a reservoir of untapped potential. This paper evolves around socio-political economic-digital landscape of contemporary India...
In 2014, PRICE created its first ‘baseline (Wave 1.0)’ master data platform through the pan Indian ICE 360° Survey “Household Survey on Indian Citizen Environment and Consumer Economy” and repeated in 2016, 2021 and 2023 aimed to generate integra
The primary objective of this project is to develop a composite Financial Maturity Index for India that captures the financial capability of citizens across diverse regions and demographic groups....
DIGITAL INDIA has become the talk of the town in recent times. Indian Government launched the campaign to ensure all government services available to citizens via improved online infrastructure and increased internet connectivity.
An overwhelming majority, 87%, of people living in metros belong to the top two quintiles of India's income pyramid but even the richest among them consider themselves 'middle-class', says ICE survey
The low penetration of health insurance and high health costs expose Indian households, especially those at the bottom of the pyramid, to severe financial shocks, according to fresh...
Many still avoid using banking instruments to save despite having access to banks...
A majority of Indian households own a TV while 29% own a refrigerator, according to the ICE 360� survey
Just as non-cash shouldn't mandatorily be imposed, neither should cash. Why has this not figured on a reform agenda between 2004 and 2014, or much earlier?...
This is the season for quoting, and misquoting, Keynes. "When the facts change, I change my mind. What do you do, sir?" This is attributed to Keynes, though there is no actual evidence Keynes ever said, or wrote, this...
The discussion on the fall in employment after the November 8 demonetisation relies on anecdotal evidence. It is not backed by data...
77% of the bottom quintile have a mobile phone, but only 18% of them have access to tap water...
The socio-economic status of female-headed households is falling; they present a genuine case for affirmative action by state and central governments for improving their well-being...
For A Bindiyan Workforce. There is no denying that India's record on the gender equality front is nothing to be proud of...
Indian Prosperity depends on empowering its Labour Force. The goal of becoming a fully developed nation by year 2047 has been set by the government in no uncertain terms...
The Indian economy has come a long way, with the country's GDP crossing the $2 trillion mark in 2014. While it took us 60 years to hit the $1 trillion figure, we added the next trillion in just seven years...
The right to resources is increasingly becoming the major talking point in the country. The tussle is about how this pie of resources can be cut up more equitably to benefit...
The Indian economy has come a long way, with the country's GDP crossing the $2 trillion mark in 2014. While it took us 60 years to hit the $1 trillion figure, we added the next trillion in just seven years.
The IMPRI Center for the Study of Finance and Economics (CSFE), IMPRI, Impact and Policy Research Institute, New Delhi, hosted an interactive panel discussion on the topic �Viksit Bharat � Developed India @2047 and Union Budget 2024-25� on 24th July 2024, under IMPRI 5th Annual Series of Thematic Deliberations and Analysis of Interim Union Budget 2024-25, as part of IMPRI #WebPolicyTalk.
EARLIER THIS WEEK, three-time chief minister of Delhi, Arvind Kejriwal, stepped down-six months ahead of what would have been the conclusion of his second full term at the helm. An accused in the liquor scam, the former chief minister was released on bail a few days earlier by the Supreme Court. Atishi is taking over as the new chief minister, giving the Aam Aadmi Party (AAP) a new leadership in Delhi.
India’s GST revision restores confidence in its economic promise and provides just the spark we needed at a delicate moment...
A recent IIM Udaipur survey reveals Gen Z's cautious yet promising financial engagement. While digitally savvy and eager to save, they heavily rely on 'finfluencers,' highlighting a need for enhanced financial literacy and trust in digital finance. Institutions must prioritize education, transparency, and tailored products to empower this...
Trump’s tariffs and global trade tensions echo an era of deep distrust and instability. Poorly calibrated barriers can reverberate globally, disrupting supply chains, slowing growth and scarring lives...
India’s federal structure rests on a delicate balance between the Centre’s revenue-raising powers and the States’ expenditure responsibilities. In theory, larger and more populous states should possess stronger fiscal capacity, given their vast consumption base, economic diversity, and administrative reach. In practice, however, many of these states are gradually losing their fiscal strength.
A small, wealthy minority controls a disproportionate share of farm income, while the political narrative continues to be framed as if all farmers need to be tax-exempted. Advances in digital infrastructure have made targeted and technology-driven taxation feasible, with political will now the primary obstacle rather than administrative capacity. Allowing tax exemptions to persist despite rising inequality risks deepening social discontent and undermining the legitimacy of India’s growth model.
