ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Rahul RanjanSubscribe to Rahul Ranjan

Role and Impact of Inflation Targeting Regime on Households’ Inflation Expectation

The inflation targeting regime has almost no impact on households’ inflation expectation formation. The article finds a very high correlation between the three–month ahead households’ IE and current inflation perception. It argues that the IE majorly depends on households’ realisation of current inflation, providing very less space for other factors, like regime shift to IT. It further questions the fundamental need of awareness regarding the IT regime for it to affect the IE formation among households.

Deciphering Growth and Development

Uttar Pradesh’s growth and development is increasingly becoming part of the political discourse as the 2017 state elections approach. The Akhilesh Yadav government has showcased its strategies and achievements through public advertisements. Given that all major parties in the fray have been in power in the state at some time or another, this article examines UP’s record of growth and development over the long run, and over specific sub-periods linked to various political regimes. It specifically examines how growth strategies, focused on industrial and infrastructure growth, have evolved since the early 1990s, poor governance has influenced the general development scenario as well as the impact of “social justice” oriented governments on socially inclusive development.

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