India saw a flurry of economic activity in 2024, with major events unfolding throughout the year. From the Election Commission of India’s publication of electoral bonds just weeks before the 2024 Lok Sabha election, to Hindenburg’s allegations against SEBI chairperson Madhabi Puri Buch, and Gautam Adani’s indictment by the US Securities and Exchange Commission, it was a year of dramatic developments.
To capture the essence of these events, Frontline has curated a list of our ten best economics stories of 2024. Within this collection, you’ll find Paranjoy Guha Thakurta’s investigation into the controversies surrounding coal mining in India and the implications of the American federal charges against Adani. Mitali Mukherjee provides insightful commentary on the devastating effects of climate change on India’s economy and analyses currency valuation and the strength of the rupee.
Renowned economist Jayati Ghosh offers a deep dive into the 2024 Budget, arguing that the Modi government failed to learn from its earlier electoral setbacks. The collection also features contributions from other prominent writers like C.P. Chandrasekhar and Jean Drèze, exploring important issues that influenced India’s economy and more. From environmental concerns and demographic challenges to regulatory scrutiny, these stories provide a comprehensive overview.
Together, they offer a worm’s-eye view of the challenges facing India, with long-lasting impacts that will extend into 2025 and beyond. Read on to gain a deeper understanding of these crucial economic issues.