Nitin Pai was quoted in an article with the Los Angeles Times which examines the effects of the sudden demonetisation in India. India is facing a severe currency shortage ever since the government banned Rs. 500 and Rs. 1,000 rupee...

By Anupam Manur and Manasa Venkataraman Download the discussion document in PDF An Account of Unaccounted Income is a discussion document that takes an in-depth look at India’s unaccounted economy. It is important to distinguish between different categories of unaccounted...

By Nitin Pai and Anupam Manur Download India’s Currency Reform 2016 in PD (455 KB) The recent withdrawal of Rs 500 and Rs 1000 denomination notes as legal tender has evoked various responses. On one hand the government’s stance is...