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Sharmadha Srinivasan
IDFC Institute
Sharmadha Srinivasan is an Associate at IDFC Institute. Sharmadha has a Bachelor’s degree in Economics from St. Xavier’s College, Mumbai, and a
Master’s degree from the University of Warwick.
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Budget 2021-22: A macroeconomic overview
Providing a macroeconomic overview of the Union Budget 2021-22, Niranjan Rajadhyaksha and Sharmadha Srinivasan contend that it is based on realistic assumptions of nominal GDP growth, is reasonably aimed at fiscal expansion rather than premature austerity, makes fiscal policy more transparent, and has a welcome focus on capital spending. However, they believe that it also sets the stage for higher public debt ratios that will complicate the management of the economy.
08 February 2021
Macroeconomics
Macroeconomics
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