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From State to Community: Forest Land Rights and Forest Conservation in India by Bharti Nandwani, Ishita Varma

NO : WP-2026-006 AUTHOR :Bharti Nandwani, Ishita Varma TITLE : From State to Community: Forest Land Rights and Forest Conservation in India ABSTRACT : This paper examines the impact of India’s landmark Forest Rights Act (FRA), which granted indigenous forest-dwelling communities legal rights to manage and protect forests, on the incidence of forest fires. […]

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Monetary Policy in India: The Long Road to Inflation Targeting by Rajeswari Sengupta (Indira Gandhi Institute of Development Research)

NO : WP-2026-005 AUTHOR :Rajeswari Sengupta (Indira Gandhi Institute of Development Research) TITLE : Monetary Policy in India: The Long Road to Inflation Targeting ABSTRACT : This paper traces the evolution of monetary policy in India and the institutional, intellectual, and macroeconomic forces that culminated in the adoption of flexible inflation targeting (FIT) in […]

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Food, Headline, and Core Inflation: Horizon-Dependent Transmission in India by Kritika Sharma, Taniya Ghosh

NO : WP-2026-004 AUTHOR :Kritika Sharma, Taniya Ghosh TITLE : Food, Headline, and Core Inflation: Horizon-Dependent Transmission in India ABSTRACT : Food price shocks are often treated as transitory and largely irrelevant for underlying inflation. In emerging economies, where food has a large weight, such shocks may be more persistent and broader in their […]

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Do Actions Match Words? Reassessing the Taylor Rule in an Emerging-market Context by Vaishali Garga (Federal Reserve Bank of Boston), Benjamin Gryzb (Federal Reserve Bank of Boston) and Rajeswari Sengupta (Indira Gandhi Institute of Development Research)

NO : WP-2026-003 AUTHOR : Vaishali Garga (Federal Reserve Bank of Boston), Benjamin Gryzb (Federal Reserve Bank of Boston) and Rajeswari Sengupta (Indira Gandhi Institute of Development Research) TITLE : Do Actions Match Words? Reassessing the Taylor Rule in an Emerging-market Context ABSTRACT : We examine whether India’s adoption of inflation targeting in 2015 […]

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Tackling India’s jobs plight: Underutilised levers and lessons from China by Alicia García Herrero (Natixis Bank) and Rajeswari Sengupta (IGIDR, Mumbai)

NO : WP-2026-002 AUTHOR : Alicia García Herrero (Natixis Bank) and Rajeswari Sengupta (IGIDR, Mumbai) TITLE : Tackling India’s jobs plight: Underutilised levers and lessons from China ABSTRACT : Despite strong GDP growth and favourable demographics, India faces an impending jobs crisis. A large share of the workforce remains stuck in low-productivity agriculture, while […]

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