Rathin Roy on How India Slices the Fiscal Pie

Today my guest is Narayani Basu, who is a historian and the author of the latest book, A Man for All Seasons: The Life of K. M. Panikkar. Her last book was a biography of V.P. Menon: The Unsung Architect of Modern India.  We talked about KM Panikkar, his comparison with VP Menon, the Indian nationalist movement in the interwar years, the origins of India’s diplomatic relationship with China, Pannikar’s Zionism and much more.  Recorded August 1st, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Narayani on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:07) - The Elusive K. M. Panikkar (00:07:52) - Panikkar’s and the Indian National Movement (00:19:32) - Panikkar’s Intellectual Arc (00:26:45) - Unifying an Indian Identity (00:35:38) - India’s Princely States (00:40:19) - Panikkar and China (00:54:43) - Panikkar and the 1950s (00:59:43) - Panikkar’s Thought vs. His Government Work (01:08:35) - Panikkar’s Blind Spots (01:15:48) - Panikkar and Today’s India (01:18:27) - Outro

Today my guest is Yamini Aiyar, who is currently a Visiting Senior Fellow at the Saxena Center for Contemporary South Asia at Brown University and the author of the recent book Lessons in State Capacity from Delhi’s Schools. Her main research interests are contemporary politics, state capacity, welfare policy, and federalism. We talked about the challenges of education policy and welfare in India, the lack of agency experienced by school administrators and teachers, the role of local governments in education, Delhi’s experiment with education reforms, portable benefits and school vouchers, and much more. Recorded July 16th, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Yamini on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:27) - Delhi School Experiment (00:12:45) - Education in a Welfare State (00:28:34) - Incompetent Petty Tyrants (00:38:17) - Federalism and Education (00:50:18) - How to Build Empowerment (01:05:39) - Is the Delhi Experiment Generalizable? (01:18:52) - Portability and Education (01:28:15) - Outro

Today my guest is Rathin Roy, who's a Distinguished Fellow at the Kautilya School of Public Policy and a Visiting Senior Fellow at ODI Global. His main research interests are political economy, public finance, and development economics, and he also served on the 13th Finance Commission. We talked about India's fiscal resources are distributed across states and between the union and state governments, the divergence between rich and poor states, compensatory welfare and its consequences and much more.  Recorded July 8th, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Rathin on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:38) - India’s Fiscal Federalism System (00:22:46) - India’s Welfare State (00:34:19) - Unequal Growth (00:45:58) - Consumption Taxes (01:02:30) - Public Finance in India (01:27:06) - Outro

Today my guests are legal scholars Chitrakshi Jain and Prashant Reddy T, the authors of the recent book Tareekh pe Justice, Reforms for India’s District Courts. We talked about the dysfunction in India’s lower courts, opacity in the evaluation of district court judges, the problems with judicial data, and much more. Recorded July 1st, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Chitrakshi on X Follow Prashant on X Click here for the latest Ideas of India episodes sent straight to your inbox.

Today my guest is M.R. Sharan, an assistant professor in the department of agricultural and resource economics at the University of Maryland College Park. He is the author of numerous papers and the book Last Among Equals: Power, Caste, & Politics in Bihar’s Villages. His main research interests are development economics and political economy. We talked about his research on local government in India, incentives of various political actors and the power structures they inhibit, fiscal federalism, and much more.   Recorded May 21st, 2025. Read a full transcript enhanced with helpful links, or watch the full video. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Sharan on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:07) - Local Political Actors (00:16:16) - Portability (00:20:36) - Village Government in India (00:53:42) - Separation of Powers (01:03:51) - Inclusion (01:21:20) - Outro

Today my guest is Rakesh Mohan. He is the President Emeritus and Distinguished Fellow at Center for Social and Economic Progress in New Delhi. He has previously served as Executive Director on the Board of the International Monetary Fund and as Deputy Governor of the Reserve Bank of India. We talked about his work with the Government of India since the 1980s, especially dismantling the infamous License Permit Raj during the 1991 reforms, his work on urbanization and infrastructure, the kinds of structural reforms India still needs to undertake, and much more.  Recorded April 25th, 2025. Read a full transcript enhanced with helpful links, or watch the full video. Connect with Ideas of India Follow us on X Follow Shruti on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:13) - Labyrinth of Control (00:23:55) - Dismantling the Licensing System (00:48:27) - Regrets (01:07:31) - The Infrastructure Report (01:28:05) - Structural Transformation (01:46:23) - Outro

Today my guest is environmental scholar, historian and biographer Ramachandra Guha. He is the author of a number of books, including a two-volume biography of Gandhi and the award-winning book “India After Gandhi.” We talked about his latest book, "Speaking with Nature: The Origins of Indian Environmentalism.” We spoke about global versus local commons, bottom up approach to environmentalism in India, urbanization, economic growth and technological progress and much more. Recorded May 7th, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Ram on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps 00:00:00 - Intro 00:01:08 - Speaking with Nature 00:08:42 - Unquiet Woods 00:38:29 - Science and Progress of Environmentalism  00:47:33 - Radhakamal Mukerjee 00:55:06 - K. M. Munshi 01:03:38 - Technological Progress and Tradeoffs 01:11:22 - Jayaprakash Narayan 01:19:39 - Outro

Today’s episode is the second part of my conversation with Rajmohan Gandhi, a historian and biographer involved in efforts for trust-building and reconciliation and author of more than fifteen books, of which the most recent is Fraternity: Constitutional Norm and Human Need. He taught history and politics at the University of Illinois at Urbana-Champaign from 1997 until he retirement in 2022. His most recent initiative is We Are One Humanity (WAOH), a writers collective responding to the worldwide thrusts against democracy and equality. We spoke about his reflections on communal violence between Hindus and Muslims, revenge and reconciliation in South Asia, Sikhs and Buddhists, differences between north and south India, constitutional values, and much more.  Recorded April 17th, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Click here for the latest Ideas of India episodes sent straight to your inbox.

Today my guest is Rajmohan Gandhi, a historian and biographer involved in efforts for trust-building and reconciliation and author of more than fifteen books, of which the most recent is Fraternity: Constitutional Norm and Human Need. He taught history and politics at the University of Illinois at Urbana-Champaign from 1997 until his retirement in 2022. His most recent initiative is We Are One Humanity (WAOH), a writers collective responding to the worldwide thrusts against democracy and equality. We spoke about his reflections on his biographies of the founding fathers, Vallabhai Patel, Mohandas Gandhi, C Rajagopalachari, and Gaffar Khan, their competing visions, debates with others like Ambedkar and Nehru, constitutional values, the civil rights movement, his faith, and much more.  Recorded April 18th, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps Intro - 00:00:00 Patel - 00:01:34 Rajaji - 00:31:20 Ghaffar Khan - 00:51:53  Gandhi - 01:05:53 Competing Visions - 01:17:32 Biographies of Family Members - 01:18:54 Serendipity in the Research Process - 01:23:40 Civil Rights in the US - 01:27:23 Pessimistic or Optimistic? - 01:35:16 Role of God and Faith - 01:36:27 Outro - 01:38:20

Today my guest is Prachi Mishra, who is a Professor in the Department of Economics, and Director and Head of Isaac Center for Public Policy at Ashoka University. Prior to joining Ashoka, Prachi was Chief of the Systemic Issues Division and Advisor in the Research Department at the International Monetary Fund.  We spoke about the current state of the Indian economy, India’s growth trajectory, if the rupee is overvalued, India’s fiscal consolidation, and much more. We also spoke about Trade, but this episode was recorded before the big tariff announcements on April 2.   Recorded March 31st, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Click here for the latest Ideas of India episodes sent straight to your inbox.