FEATURED RESEARCH
Regionalisation of the Indian Rupee
Vanshika Saraf, Anupam Manur
This paper examines the strategic, institutional, and economic rationale for advancing rupee regionalisation in the Indian subcontinent. In a region marked by geographic proximity but underdeveloped trade and financial linkages, the persistent reliance on the US dollar for cross-border transactions introduces avoidable costs, currency mismatches, and systemic vulnerabilities. By promoting the Indian rupee (INR) as a regional settlement and invoicing currency, India can help enhance transactional efficiency and assert greater regional monetary leadership.
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About Us
The Takshashila Institution is an independent centre for research and education in public policy. It is a non-partisan, non-profit organisation that advocates the values of freedom, openness, tolerance, pluralism and responsible citizenship. It seeks to transform India through better public policies, bridging the governance gap by developing better public servants, civil society leaders, professionals and informed citizens.
Takshashila creates change by connecting good people, to good ideas and good networks. It produces independent policy research in a number of areas of governance, it grooms civic leaders through its online education programmes and engages in public discourse through its publications and digital media.

What We Do
Policy Research
Takshashila conducts policy research in international relations, defence, national security, and technology. Our objective is to influence and shape policy while working in the public domain.
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Our public policy programmes are designed to prepare students to navigate complex policy challenges. Participants will acquire core knowledge and skills in policy evaluation, economic reasoning, effective communication, and public persuasion.
Learn moreFellowships
The fellowship programmes at Takshashila aim to build high-quality scholarship and knowledge networks in India across various domains.
Learn moreEvents
Law Enforcement & Policing Fellowship (LEPF) Academic Conference 2025
Takshashila and the Indian Police Foundation hosts Law Enforcement & Policing Fellowship (LEPF) Academic Conference 2025 from November 21 to 23, 2025, at The Chancery Pavilion, Bengaluru.
Event: The Takshashila Institution hosted a conversation with Bruno Macaes
The Takshashila Institution hosted a conversation with Bruno Macaes, author of the book “World Builders - Technology and the New Geopolitics”
Event: Book Lounge | A Sixth of Humanity
Pranay Kotasthane was in conversation with authors, Devesh Kapur and Arvind Subramanian, of the book - A Sixth of Humanity - Independent India’s Development Odyssey.
Book Lounge | China: Indian perspectives on China’s politics, economy, and foreign relations
This discussion will not only capture China’s complexities at this unique moment in world history but also offer a perspective that will stand the test of time.
Purva Paksha | Sama, Dana, Danda, Bheda: Friends, Rivals, or Just Trading Partners?
This debate explored that choice through the ancient philosophical and logical Indian discipline of Purva Paksha.