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Centre for Growth, Jobs and Prosperity

The Artha Centre for Growth, Jobs and Prosperity champions broad-based economic growth as the cornerstone of sustained development and improved well-being in developing nations.

About the Centre

Sustained economic growth is the most powerful driver of poverty reduction and improvements in human welfare, far exceeding the impact of aid or targeted development interventions. Yet the prevailing development, aid and philanthropic discourse—and with it, government priorities—has moved away from growth as a central ambition. At the Artha Centre for Growth, Jobs and Prosperity, we re-centre broad-based economic growth as the cornerstone of sustained development and improved well-being in developing nations. We explore multiple paths to broad-based economic growth, addressing key drivers such as productivity enhancement, technological adoption, human capital development, and institutional strengthening. Our focus is on policies that shift labour and resources from low-productivity to high-productivity sectors, tailoring growth strategies to fit local conditions, institutions, and cultural contexts. Growth strategies must also integrate environmental considerations, as economic growth and environmental protection can be complementary through investments in practical renewable energy, green technologies, more compact urban development and fit-for-purpose environmental regulations. As a "pracademic" institution, the Artha Centre for Growth and Prosperity bridges theory and practice. We combine rigorous research with real-world experience to offer evidence-based, pragmatic solutions to foster sustained growth. We support state capability development, organise knowledge-sharing events, and provide practical assistance in designing and implementing growth strategies.

Projects

Case Studies | How Southeast Asian Businesses Are Embedding Social and Environmental Purpose In Their Operations

The State, Democracy and Markets: Lessons for India from the Global Experience

The Road to Viksit Bharat @ 2047

Latest

Report

Report | Rethinking Development Priorities: A Manifesto for Economic Growth in Developing Countries

This report brings together cross-country evidence to illustrate how sustained economic expansion has consistently driven reductions in poverty and improvements in health, education, and living standards.

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Report

The Road to Viksit Bharat @ 2047

By Shilpa Phadke, Dr. Niranjan Rajadhyaksha, Yashika Doshi, Khushi Baldota & Pritika Hingorani

Artha Global prepared a report “The Road to Viksit Bharat @ 2047”, which was commissioned and launched by The Bombay Chamber of Commerce & Industry on 13 December 2024 at its 189th Foundation Day celebration.  The report presents the macro context of the Indian economy, and growth projections to achieve the goal of Viksit Bharat. […]

Op-ed

Opinion | Evidence has grown of an economic recovery led by profits over wages

By Dr. Niranjan Rajadhyaksha

Has the splendid economic recovery after the pandemic been dominated by profits rather than wages? The answer to this question has profound consequences for the future direction of the Indian economy.

Op-ed

Opinion | Lessons needs to be drawn from wars waged by central banks against inflation

By Dr. Niranjan Rajadhyaksha

The amount of time it took to restore relative price stability defied text-book assumptions about the process

All Publications