Tag Search: “fiscal policy”
Aatmanirbhar Bharat: Foreign trade, capital flows, and India’s growth
The Atmanirbhar Bharat (self-reliant India) policy was announced by the central government, along with the economic package, as a response to the crisis triggered by the Covid-19 pandemic. In this pos...
- Partha Sen
- 27 November, 2020
- Perspectives
Covid-19 lockdown and migrant workers: Survey of vocational trainees from Bihar and Jharkhand
The nationwide lockdown in India hit migrant workers particularly hard and once travel restrictions were lifted, 11 million interstate migrants returned home. In this note, the authors present key fin...
- Bhaskar Chakravorty Clément Imbert Maximilian Lohnert Poonam Panda
- 05 November, 2020
- Notes from the Field
A ten-point programme for economic recovery
The Indian economy has been experiencing a slowdown in growth of GDP in general and investment in particular, with the Covid-19 crisis being the last (big) straw. In this post, Gurbachan Singh present...
- Gurbachan Singh
- 20 October, 2020
- Perspectives
DUET: The industrial policy angle
Providing her perspective on Drèze’s DUET proposal for an urban work programme, Swati Dhingra contends that addressing the immediate, monumental problem of joblessness arising from the Covid-19 pandem...
- Swati Dhingra
- 08 October, 2020
- Perspectives
Covid-19: Assessing fiscal position of government in first quarter of 2020-21
In this post, Pandey and Raju analyse the trends in the revenue, expenditure, and borrowings of the Government of India in the first quarter of 2020-21, based on data released by the Controller Genera...
- Radhika Pandey Medha Raju
- 07 September, 2020
- Perspectives
Covid-19: Recession in India, and policy lessons from other countries
Given the prevailing economic situation in India and following the past experience of several developed countries, there is a clamour for accepting much larger fiscal deficits, and adopting unconventi...
- Gurbachan Singh
- 27 July, 2020
- Perspectives
Covid-19: Conditions on state borrowing need a rethink
States have been in the firing line in the battle to save lives and livelihoods from the impact of Covid-19. However, the loss of economic activity following the nationwide lockdown, has wreaked havoc...
- Mayank Jain D. Priyadarshini
- 22 July, 2020
- Perspectives
Atmanirbhar Bharat Abhiyan: Putting the cart before the horse
In an attempt to tackle the economic crisis triggered by the Covid-19 pandemic, Government of India announced a Rs. 20 lakh crore Atmanirbhar Bharat Abhiyan financial package, equivalent to 10% of Ind...
- Subhasish Dey Anirban Kundu
- 06 July, 2020
- Perspectives
Webinar video: The Covid-19 shock
The Covid-19 pandemic and the containment measures adopted to check the spread of the disease, have caused an unprecedented economic crisis in India as well as the rest of the world. Further, India is...
- Parikshit Ghosh Pronab Sen
- 29 June, 2020
- Videos
States’ loss of fiscal autonomy in a centralised federal system
The Indian states bear the larger responsibility in dealing with Covid-19, but they have few resources to do so. In this post, M. Govinda Rao argues that the ongoing process of centralisation has weak...
- M. Govinda Rao
- 18 June, 2020
- Perspectives
Covid-19, and the way to avoid a blunt interest rate policy
Given the looming recession due to Covid-19, the Reserve Bank of India has reduced interest rates to encourage economic activity in the country. In this post, Gurbachan Singh contends that the prevail...
- Gurbachan Singh
- 16 June, 2020
- Perspectives
The Covid-19 shock: Learnings from the past, addressing the present - V
In the previous two parts of the series, Dr Pronab Sen presented a pathway to recovery from the Covid-19 shock in three distinct phases – survival, revival, and recovery. In the final part of the seri...
- Pronab Sen
- 09 June, 2020
- Perspectives