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How India's Economy Works

The Core
India
Indian Economy
China
Agriculture
Tariffs
Employment
Economics
Bihar
Donald Trump
GDP Growth
Exports
Inflation
United States
1991 Economic Reforms
India's Budget
Reserve Bank Of India
Trade Negotiations
Private Investment
Cash Transfers
Manufacturing

Join journalist Puja Mehra as she breaks down one story to give you all the context you need to understand how it fits into the larger picture of India's economy.

PublishesTwice monthlyEpisodes69Founded3 years ago
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Artwork for How India's Economy Works

Latest Episodes

The episode examines how rising government borrowing, persistent inflation, changing bond investors and huge AI-related investment needs are reshaping global bond markets. In this episode of How India’s Economy Works, Puja Mehra speaks with Dr. Anoop... more

In this episode of How India’s Economy Works, Puja Mehra speaks with political scientist and economic historian Rohit Chandra, Assistant Professor at the School of Public Policy of IIT, Delhi. They talk about what those crises taught India, how the c... more

India’s latest GDP numbers show the economy growing at 7.8%, but how much confidence should we place in that figure? In this episode of How India’s Economy Works, Puja Mehra speaks with economist Rajeswari Sengupta about the complexities of measuring... more

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In this episode of How India’s Economy Works, Puja Mehra speaks with Ananth Narayan, Economist and Former Whole Time Member, SEBI about the growing interconnections between India’s interest-rate, equity and currency markets—and the unintended consequ... more

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Recent Guests

Ananth (Professor Ananth)
Professor of Economics (introduced as such)
Episode: India’s Self-Inflicted Outflows: How Policy Makers Are Driving Away Foreign Investors
Partha Chatterjee
Professor, likely in Political Science/Economics
Professor at an Indian university
Episode: Why India's GDP Growth Isn't Resulting in Prosperity
Mr. Gera
Owner/leader of a genset manufacturing firm
Unspecified manufacturing SME in electrical/electronics
Episode: India’s Engineering Crisis
Dr. Nisha Taneja
Economics/Policy Expert invited to discuss tariff impact
Episode: How India's exports to the US jumped in the tumultuous year of Trump Tariffs
Renu Kohli
Expert guest discussing rupee policy and external accounts
Episode: India's Forex Reserves Aren't the Safety Net You Think
Parag Waknis
Economist/guest discussing RBI balance sheet and policy
[not stated in transcript]
Episode: What the RBI's role in the economy and its Relationship with Government is
Rajiv Kumar
Economist and public policy expert
Various (industry policy circles)
Episode: India's Manufacturing is Broken. There's Only One Way to Fix It, says Rajiv Kumar
Dr. Anoop Singh
Economist and author of Managing Public Finances in a New Global Era
Episode: The Shift from Trade to Public Spending as the New Engine of Growth--and its Bad Timing
Aurélien Kruse
World Bank's lead country economist in India
World Bank
Episode: India’s Outsized Efforts for Outsized Growth Ambitions with Aurélien Kruse

Host

Puja Mehra
Host of How India's Economy Works

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#170
United States/News/Business News
Apple Podcasts
#59
Canada/News/Business News
Apple Podcasts
#135
Italy/News/Business News
Apple Podcasts
#180
Germany/News/Business News
Apple Podcasts
#8
India/News/Business News
Apple Podcasts
#25
New Zealand/News/Business News
Apple Podcasts
#32
South Korea/News/Business News
Apple Podcasts
#58
India/News
Apple Podcasts
#64
Singapore/News/Business News
Apple Podcasts
#212
South Korea/News
Apple Podcasts
#242
Switzerland/News/Business News

Talking Points

Recent interactions between the hosts and their guests.

India’s Self-Inflicted Outflows: How Policy Makers Are Driving Away Foreign Investors
Q: What are the practical steps suggested to restore capital formation?
Lower tax distortions on fixed income, maintain stable but not artificially low rates, increase overseas investment limits, and ensure that interventions consider the total macro-financial system rather than just one market.
India’s Self-Inflicted Outflows: How Policy Makers Are Driving Away Foreign Investors
Q: What would a more holistic approach to policy look like?
Start with freer, more market-determined interest rates, monitor and intervene selectively, align taxation between asset classes to avoid bias toward equities, and expand avenues for Indians to invest overseas to balance capital flows.
India’s Self-Inflicted Outflows: How Policy Makers Are Driving Away Foreign Investors
Q: Why is the RBI's intervention in bond markets a problem for the broader economy?
Because suppressing rates through heavy bond purchases distorts the fixed income market, reduces savers' willingness to lend, and creates misaligned incentives that push money into equities and overseas assets, undermining long-term financial balance.
Why India's GDP Growth Isn't Resulting in Prosperity
Q: What about the role of institutions and reform in enabling innovation and better access to credit for mid-sized firms?
He emphasizes the need for a reliable legal system to reduce risk, credit access across the middle spectrum, and policies that encourage innovation rather than imitation, along with land and judicial reforms to unlock financing and growth opportunities.
Why India's GDP Growth Isn't Resulting in Prosperity
Q: So what does it take to get the middle layers to grow and translate growth into prosperity?
The guest outlines a multi-pronged approach: replace cliff-like policies with gradual slopes that incentivize mid-sized firms to grow, couple infrastructure with social investments like education and health, and create an ecosystem that makes it feasible for small firms to scale up and compete globally.

Audience Metrics

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Household Income
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Frequently Asked Questions About How India's Economy Works

What is How India's Economy Works about and what kind of topics does it cover?

The show consistently centers on macroeconomics, policy, and the interplay between India's economy and global dynamics. Episodes frequently dissect export strategies, currency movements, central bank policy, and manufacturing competitiveness, often featuring policymakers, economists, and researchers who provide data-driven context and practical implications for investors, business leaders, and policymakers. Notable strengths include guest experts who bridge academia and real-world policy, a clear focus on actionable observations for exporters and financiers, and a tendency to connect domestic trends with global financial architecture and geopolitical events. This makes it a valuable listen for professionals tracking India's economic policy,... more

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1. The Morning Brief
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How India's Economy Works launched 3 years ago and published 69 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on How India's Economy Works?

Recent guests on How India's Economy Works include:

1. Ananth (Professor Ananth)
2. Partha Chatterjee
3. Mr. Gera
4. Dr. Nisha Taneja
5. Renu Kohli
6. Parag Waknis
7. Rajiv Kumar
8. Dr. Anoop Singh

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