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Tag Search: “fiscal policy”

Budget 2022-23 and outlook for the Indian economy

Several commentators have lauded the recently presented Budget 2022-23 as a ‘growth budget’, on account of the large allocations made for capital expenditure on public infrastructure. On the other han...

  • Podcasts

Budget 2022-23 and outlook for the Indian economy

Several commentators have lauded the recently presented Budget 2022-23 as a ‘growth budget’, on account of the large allocations made for capital expenditure on public infrastructure. On the other han...

  • Videos

Budget and politics in pandemic times

Applying a political economy lens to the recently announced Budget 2022-23, Yamini Aiyar contends that the emphasis on capital expenditure over welfare in the two Budgets announced during the pandemic...

  • Perspectives

Budget 2022-23: Hits and misses

Outlining the hits and misses of the Budget 2022-23, Rajeswari Sengupta contends that the capital expenditure push by the government seems to be a step in the right direction, while the rationale behi...

  • Perspectives

Budget 2022-23: Capital gains tax, and asset-price stability

Although there is a need to ensure asset-price stability, the 2022-23 Budget has left the capital gains tax on equity investment unchanged. In this post, Gurbachan Singh examines the idea of a tax as ...

  • Perspectives

Assessing the credibility of sub-national budgets in India

The Covid-19 crisis has put immense pressure on the finances of Indian states. Fiscal consolidation in the post-pandemic period will depend on growth revival, increased fund flows, and efficient budge...

  • Perspectives

Inequality, labour market trends, and the welfare State

All around the world, rising levels of inequality – particularly in the last 3-4 decades – have been recognised as a major issue. In this context, David Green (University of British Columbia) and Pari...

  • Videos

Goods and services tax: Estimating optimal rates

Introduced in India in 2017, a key feature of the goods and services tax (GST) system is that the tax rate for a particular commodity is uniform across the country. Based on a counterfactual framework...

  • Articles

The importance of a climate stimulus in India

The Covid-19 pandemic has plunged India into recession, and substantial stimulus from the government is required to jump-start the economy. In this post, Ingmar Schumacher contends that while systemic...

  • Perspectives

Budget 2021-22: A political economy perspective

Examining the 2021-22 Union Budget with a political economy lens, Yamini Aiyar contends that the policy choices reflects Government of India’s propensity to centralise rather than to devolve, and a sh...

  • Perspectives

Budget 2021-22: Does it address structural issues?

Highlighting some of the key features of the 2021-22 Union Budget, Sarthak Agarwal contends that although this Budget was presented in an exceptionally difficult period for the Indian economy, policym...

  • Perspectives

Budget 2021-22: A passing grade

Assessing the 2021-22 Union Budget, Bhaskar Dutta argues that while there are several positive features, the overall thrust is disappointing because it does not address the needs of the poor.

  • Perspectives