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Posts by Sudipto Mundle

Subsidies, merit goods, and fiscal space - II

In Part I of this two-part series, the authors presented their estimates of total budget subsidies, and their merit and non-merit components. In this part, they discuss the relationship between subsid...

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Subsidies, merit goods, and fiscal space - I

Mundle and Sikdar argue that rationalisation of the prevailing large volume of non-merit subsidies should constitute a major component of deep fiscal reforms in India. Doing so could free up the fisca...

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Union Budget 2018: The reality behind the rhetoric

In this article, Sudipto Mundle contends that given Union Budget 2018-19 was the current government’s last full budget before the next general election, headline-grabbing proposals were particularly...

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Budget subsidies of the central government and 14 major Indian states: 1987-88 and 2011-12

In this article, Mundle and Sikdar of NIPFP, present their estimates of the flow of subsidies through the budgets of the central government and 14 major Indian states in 1987-88 and 2011-12. The estim...

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Governance performance of Indian states: 2001-02 and 2011-12

Defining governance as service delivery, this column develops a measure of the quality of governance – also adjusting for the impact of the level of development - and provides a ranking of major Ind...

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Consequences of the demonetisation shock

In this article, Sudipto Mundle, Emeritus Professor at NIPFP, contends that we are likely to see a significant dip in economic activity till January 2017 or even till the end of the current financial...

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