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Aakanksha Shrawan
Aakanksha Shrawan is an Assistant Professor at the National Institute of Public Finance and Policy, New Delhi. Before joining NIPFP, she was working as a Research Associate at the Centre for Social and Economic Development Progress (formerly Brookings India), New Delhi. She has a PhD in Economics from the Department of Management Studies at the Indian Institute of Technology Delhi. She also holds a Master’s in Development Economics from South Asian University, New Delhi and a Bachelor’s degree from IP College for Women (University of Delhi). She has published several articles in peer-reviewed journals, along with several other working papers, op-eds and blogs. Her areas of interest include international trade and trade policies, inter-sectoral linkages among sectors, and business cycles synchronisation across countries.
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Budget 2024-25: A countercyclical approach to fiscal policy
Keynes propounded that fiscal policy should be countercyclical in nature – expansionary during recession and contractionary during periods of boom. In this post, Aakanksha Shrawan analyses India’s Interim Union Budget for 2024-25, as well as trends in the discretionary spending component of government’s fiscal policy in recent years. She concludes that India seems to be on track towards sound debt management and a higher degree of countercyclicality in fiscal management.
India’s new labour codes: A pre-condition for long-run growth
The Ministry of Labour and Employment has recently notified four new labour codes, which are expected to be implemented from April 2021. Assessing the impact of the policy changes around hiring-and-firing, trade union membership, and working hours, Aakanksha Shrawan argues that the proposed reforms would be game-changing both for domestic employers, and foreign firms who are contemplating investing in India.