Tag Search: “fiscal policy”
Straw men in the debate on basic income versus targeting
A universal basic income as a poverty-reduction policy is often contrasted unfavourably with targeted transfers. In this article, Martin Ravallion argues that five of the common arguments employed ag...
- Martin Ravallion
- 11 August, 2017
- Perspectives
Demonetisation, cattle slaughter ban, and India's cyclical agrarian crisis
In this article, Parag Waknis discusses why India’s rural economy is always on the precipice of crisis, and how the recent shocks of demonetisation and cattle slaughter ban exacerbated the crisis by d...
- Parag Waknis
- 04 August, 2017
- Perspectives
Health policy and economic growth in India
A new synthesis paper (Menon 2017) produced by the International Growth Centre brings together evidence from various health-related IGC studies on India undertaken over the past seven years, to draw i...
- Nalini Gulati Nidhiya Menon
- 27 July, 2017
- Perspectives
The economic and political consequences of India's demonetisation
The ruling party at the centre won the Uttar Pradesh state election despite its demonetisation policy having some negative economic impacts on the Indian economy. By combining primary data from survey...
- Abhijit Banerjee Namrata Kala
- 26 July, 2017
- Articles
How much public debt is too little?
Virtually the entire literature on public debt is focussed on determining how much is too much, beyond which it becomes a systemic threat to the economy. In this article, Pronab Sen outlines some of t...
- Pronab Sen
- 16 July, 2017
- Perspectives
Are farm loan waivers really so bad?
Recent announcements by various state governments of their intent to waive farm loans to varying extents have been strongly criticised by the media and other commentators. In this article, Dr Pronab S...
- Pronab Sen
- 23 June, 2017
- Perspectives
Impact of disinvestment policy on public sector enterprises in India
To address operational inefficiencies in PSEs without comprising on their social objectives, disinvestment policy is often used. However, there are concerns regarding the extent of impact on firm per...
- Ritika Jain
- 12 June, 2017
- Articles
When windmills tilt: The FRBM debate
In this article, Dr Pronab Sen presents his views on the ongoing debate on the Fiscal Responsibility and Budget Management Act.
- Pronab Sen
- 08 May, 2017
- Perspectives
Disintermediating the State: Would a universal basic income reduce poverty more than targeted programmes?
Commenting on the discussion of the universal basic income in India’s Economic Survey 2016-17, Justin Sandefur contends that a modest version of UBI could potentially save money and shift expenditure...
- Justin Sandefur
- 31 March, 2017
- Perspectives
Tax, lies, and red tape
Weak institutional environments in poor countries may lead to lower tax compliance by firms. This may be especially true for family firms, whose owners have higher stakes in the firm and longer horizo...
- Megha Patnaik
- 31 March, 2017
- IGC Research on India
How India can reduce the size of its black economy
In this article, Parag Waknis contends that if the Indian government is serious about addressing the black economy, fundamental changes in the structure and organisation of the economy and politics ar...
- Parag Waknis
- 20 March, 2017
- Perspectives
Chasing one's own tail: Dealing with tax non-compliance
A key, stated objective of the recent denotification of high-denomination currency notes was to eliminate black money arising from tax evasion, and to expand the tax net. In this article, Sangram Gaik...
- Sangram Gaikwad Kailash Pundlik Gaikwad
- 01 March, 2017
- Articles