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How India's Economy Works

The Core
India
Indian Economy
China
Agriculture
Tariffs
Employment
Economics
Bihar
Donald Trump
GDP Growth
Inflation
1991 Economic Reforms
India's Budget
Trade Negotiations
United States
Exports
Cash Transfers
Structural Transformation
India-Uk Free Trade Agreement
India-U.s. Trade Relations

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 monthlyEpisodes58Founded2 years ago
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Artwork for How India's Economy Works

Latest Episodes

In this episode of How India’s Economy Works, journalist and author Puja Mehra speaks with economists Arjun Jayadev and Amit Basole, authors of the CSIE working paper India's Labour Productivity Puzzle, about a troubling trend beneath India’s headlin... more

In this episode, journalist and author Puja Mehra speaks with Rosa Abraham, economist and one of the authors of the State of Working India 2026 report, about the growing stress in India’s labour market, highlighted by recent worker protests in Noida.... more

In this episode, journalist and author Puja Mehra speaks with Rajeswari Sengupta, Economist and Associate Professor at Indira Gandhi Institute of Development Research (IGIDR), about the recent volatility in the rupee and the Reserve Bank of India’s r... more

In this episode, journalist and author Puja Mehra speaks with Safi Rizvi, National Security Expert, Risk Analyst, Former top Intelligence Officer and Former IPS officer, about how the ongoing conflict involving Iran, the United States and its allies ... more

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Recent Guests

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
Suhasini Haidar
Foreign policy specialist and journalist
Episode: Why India’s Russian Oil Imports are Suddenly Bugging Trump with Suhasini Haidar
Dr. Rajiv Kumar
Former Vice Chairman of NITI Aayog and author
NITI Aayog
Episode: Global Upheaval, National Ambition: India’s Policy Shifts in a Time of Flux
Professor Abhijit Das
Expert in international trade and negotiations
Episode: TACO vs Tariffs: Can India Trust Donald Trump
Amit Basole
Professor of Economics at Azim Premji University and head of the Center for Sustainable Employment.
Azim Premji University
Episode: Why India's Employment Puzzle Resists Solutions with Amit Basole
Ram Singh
Economist and researcher focusing on taxation and income reporting in India.
Episode: Do Wealthy Indians Pay Enough Tax with Ram Singh
Subhomoy Bhattacharjee
Consulting editor at Business Standard, Professor of Practice and Director, Centre for Regulatory Governance at the Jindal Global Law School.
Business Standard
Episode: How India’s Power Sector is Blocking its GDP Growth with Subhomoy Bhattacharjee
Abhijit Das
Professor and leading trade expert with experience in India's Commerce Ministry
Indian Institute of Foreign Trade
Episode: Trump’s Trade War Has Begun: Understanding What US Is Trying To Do To Global Trade with Abhijit Das

Host

Puja Mehra
Host of How India's Economy Works; journalist and author with a focus on India's economy and policy landscape.

Chart Rankings

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

Apple Podcasts
#142
United States/News/Business News
Apple Podcasts
#138
United Kingdom/News/Business News
Apple Podcasts
#183
Germany/News/Business News
Apple Podcasts
#10
India/News/Business News
Apple Podcasts
#65
India/News
Apple Podcasts
#87
Singapore/News/Business News

Talking Points

Recent interactions between the hosts and their guests.

When Growth Doesn’t Reach Workers — The Hidden Stress in India’s Labour Market
Q: What policy directions could address the issue beyond wage subsidies?
A holistic life-cycle approach is needed, including better linkage between vocational training and local manufacturing, stronger public-sector hiring to stimulate demand, removal of regulatory bottlenecks, and empowering smaller/mid-sized enterprises to hire and invest.
When Growth Doesn’t Reach Workers — The Hidden Stress in India’s Labour Market
Q: Why are wages not keeping pace with inflation and what does this reflect about worker bargaining power?
Wages are lagging because productivity gains have not kept up, capital and labor are not allocated efficiently, and there is a missing middle in manufacturing along with weak union power and limited enforcement of minimum wages.
The RBI’s Losing Battle for the Rupee
Q: Was it worth the RBI's decision to restrict offshore positions and ban certain hedges?
No clear-cut benefit outweighed the confidence damage and increased hedging costs; the measures created confusion and may have accelerated outflows by signaling regulatory unpredictability.
The RBI’s Losing Battle for the Rupee
Q: What is driving the rupee's weakness beyond short-term volatility?
The main drivers are an elevated import bill due to energy dependence, a widening current-account deficit, and persistent capital outflows—factors that imply the rupee depreciation may be a structural adjustment rather than a temporary shock.
The Legal Setback to Trump's Tariffs is an Advantage for India. This Is How
Q: Can the US administration still threaten trade partners with very high tariffs under the three alternative instruments described?
Yes, but such actions would require investigations, procedural steps, and would be slower and more constrained than under AIPA, making rapid, sweeping changes unlikely.

Audience Metrics

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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 offers in-depth analysis of India's economy through conversations with economists, policymakers, and industry experts, focusing on how global developments intersect with Indian growth, investments, energy, and governance. Episodes frequently explore how macro forces—such as capital markets, trade policy, fiscal policy, and energy security—shape India's trajectory, with concrete case studies on sectors like coal, climate governance, and technology-led productivity. A standout aspect is the host's ability to frame complex topics within a broader geopolitical and historical context, drawing on a network of high-profile guests including World Bank economists, senior Indian officials, and renowned scholars. This combination helps listen... more

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How India's Economy Works launched 2 years ago and published 58 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. Dr. Anoop Singh
2. Aurélien Kruse
3. Suhasini Haidar
4. Dr. Rajiv Kumar
5. Professor Abhijit Das
6. Amit Basole
7. Ram Singh
8. Subhomoy Bhattacharjee

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