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

Articles By Analysis

Measurement and Analysis of the Productivity of Indian Banks

The paper reveals that cash holdings, the “growth rate of assets,” the “incremental gross non-performing assets,” and the “incremental cost of funds” negatively impact the productivity of banks, whereas the net interest margin has a positive impact. The paper also benchmarks major banks in India that can be used as an input in strategic decision-making.

 

Household Consumption Expenditure Inequality in Rural India (1993–94 to 2011–12)

The comparative role of determinants of household-level consumption expenditure inequalities (henceforth, inequalities) in rural India between two sub-periods, 1994–2005 and 2005–12 are examined, using three rounds of the National Sample Survey Consumer Expenditure Survey. The changes in the components of consumption expenditure and population characteristics are explored that explain inequalities during the two sub-periods, which represent distinct policy environments. We use both a priori and regression-based decomposition methods for the analysis. We find that there is a complete reversal of the role of education in explaining inequalities. It shifted from being an inequality-increasing factor during 1994–2005 to an inequality-equalising factor during 2005–12. This reversal is induced by decreasing consumption returns to education due to the depressed job market. The role of locational factors has increased in explaining the increase in inequalities over time. The non-food components induce an increase in the overall inequalities via an increased expenditure on durables. The within-group component contributes the most to the level of and change in inequalities.

Portability in the Public Distribution System

The public distribution system in India is a major instrument for achieving the goal of “Zero Hunger.” Despite the vast amounts of resources spent, the PDS suffers from several inefficiencies largely attributable to the monopoly of agents involved in the last-mile delivery of grains. To address this issue, several state governments in India have started implementing a novel intervention called portability. This intervention offers beneficiaries the choice of when and where they can avail of their food entitlements while the government controls what and how much. We use detailed and large-scale programme data from Andhra Pradesh to analyse the uptake of portability among the beneficiaries and identify its underlying drivers.

 

Surviving Debt and Survival Debt in Times of Lockdown

This research has been made possible due to the financial support of the Agence Universitaire de la Francophonie (AUF), through the COVINDIA project, which combines food distribution to villagers and a survey of villagers’ survival tactics and strategies. For more details, see https://odriis.hypotheses.org/projects#covindia. We sincerely thank Barbara Harriss-White, Judith Heyer, Solène Morvant-Roux, and Jean-Michel Servet for their helpful comments on an earlier draft.