Pratik Ghansham Salvi Assistant Professor of Economics | Banking & Finance | IMF Finance & Development Contributor

When Growth Numbers Become Headlines and Reality Disappears in India? India’s economic growth figures increasingly arrive as headline-grabbing spectacles rather than instruments of public understanding. Quarterly GDP numbers are announced with triumph, amplified by political messaging and breathless media coverage, and quickly converted into claims of global leadership and domestic prosperity. Yet behind this choreography of…

How India’s Misinformation Surge and Media Credibility Crisis Are Undermining Democracy, Public Understanding and Economic Governance? In recent years, India has entered an age defined simultaneously by extraordinary digital expansion and a profound informational crisis. With more than 800 million internet users, one of the world’s largest social-media populations, and unprecedented access to online content,…

For more than five millennia, humanity has been captivated by gold — the immutable metal that has illuminated temples, crowned emperors, and underpinned monetary systems. Its story is as much about economics as it is about psychology. Across the centuries, gold has functioned as currency, ornament, reserve, and metaphor — embodying the human desire for permanence in a world…

The Demand Multiplier Effect of GST Cuts: Key Sectors to Watch In the realm of modern fiscal policy, the Goods and Services Tax (GST) has emerged as a powerful tool for governments to influence economic activity. This is particularly evident in the case of GST rate cuts, which can trigger a significant “demand multiplier effect.” This…

What Rising Government Borrowings Mean for the Future of Monetary Policy? In recent years, the global economic landscape has been increasingly shaped by the unprecedented expansion of government debt. From advanced economies such as the United States, Japan, and members of the Eurozone, to emerging markets including India and Brazil, fiscal deficits have widened considerably as…

The Need of integrating Arttificial Intelligence (AI) Litracy in Development Frameworks: The Role of AI Literacy in Promoting Women’s and Children’s Safety and HDI Growth In the 21st century, rapid advancements in Artificial Intelligence (AI) are transforming the social, economic, and cultural landscape at an unprecedented pace. While AI technologies hold immense potential for economic growth,…

Commercial Banks as Financial Intermediaries: Paving the Way for Capital Formation and Sustainable Economic Growth The efficient functioning of a nation’s financial system is widely recognized as a cornerstone of its economic development and stability. Within this intricate system, commercial banks occupy a pivotal position, acting as the primary conduits through which financial resources are mobilized…

How a decade of aggressive highway development, innovative financing, and green initiatives has propelled India’s economic trajectory India’s pursuit of rapid economic growth in the 21st century hinges significantly on the robust development of its foundational sectors. Among these, infrastructure stands as a paramount accelerator, directly enhancing productivity, connectivity, and global competitiveness. A nation’s capacity…

The Uneven Digital Landscape of India: User Adoption, Misinformation, and the Widening Inequality Gap India stands as a fascinating, and often paradoxical, case study in the global digital revolution. On the surface, the nation presents a compelling narrative of rapid digital adoption, boasting hundreds of millions of internet users propelled by affordable smartphones and increasingly…

The Relevance of Buddha’s Thoughts in Modern World : Attaining Peace, Cooperation, and Shared Prosperity” In an era marked by unprecedented technological advancement, economic interdependence, and global connectivity, humanity continues to grapple with deep-rooted issues such as conflict, inequality, environmental degradation, and social fragmentation. Despite material progress, the world remains mired in ideological polarizations, rising mental…