Tag Search: “fiscal policy”
Global financial crisis and India: A look at the decade gone by
The crisis that emerged in the US subprime mortgage market this month 10 years ago, not only engulfed the country’s financial system but the entire global economy. In this post, Vikas Dimble and Nalin...
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Vikas Dimble
Nalini Gulati
14 September, 2018
- Perspectives
GST Explainer: Introduction
Seventeen years after its framework was formed, India’s biggest tax reform – the goods and services tax – was rolled out on 1 July 2017. Some consider the ‘one nation, one tax’ system to be a game cha...
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Ashok Kotwal
30 June, 2018
- Explainers
GST: A ‘good and simple’ tax?
The Goods and Services Tax (GST) came into effect in India on 1 July 2017. Even as it is too early to judge the performance of GST relative to the system of indirect taxation it has replaced, Gaurav D...
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Gaurav Datt
18 June, 2018
- Perspectives
King Cash is back: Has informality increased?
Demonetisation and the introduction of goods and services tax were expected to accelerate the shift to formality in the economy. In this article, Renu Kohli contends that while currency in circulation...
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Renu Kohli
06 April, 2018
- Perspectives
Union Budget 2018: The reality behind the rhetoric
In this article, Sudipto Mundle contends that given Union Budget 2018-19 was the current government’s last full budget before the next general election, headline-grabbing proposals were particularly i...
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Sudipto Mundle
16 February, 2018
- Perspectives
Union Budget 2018: What will the pivot to agriculture cost?
The Union Budget 2018-19 focusses heavily on agriculture and rural development. In this article, Bharat Ramaswami analyses the key proposals pertaining to investment in agricultural markets and infras...
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Bharat Ramaswami
14 February, 2018
- Perspectives
Union Budget 2018: Unpleasant arithmetic and the art of the possible
In this article, Maitreesh Ghatak contends that while the Union Budget 2018-19 deserves some praise for signalling priorities given the constraints, it disappoints in terms of its vision of reforms.
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Maitreesh Ghatak
13 February, 2018
- Perspectives
Union Budget 2018: Some hits, some misses
In this article, Bhaskar Dutta critically analyses the Union Budget for 2018-19 in terms of announcements for the rural and agricultural sector, healthcare, and manufacturing, and implications for fis...
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Bhaskar Dutta
09 February, 2018
- Perspectives
Union Budget 2018: Not as expansionary as appears at first blush
In this article, Ila Patnaik assesses the implications of the recently announced Union Budget for inflationary expectations and monetary policy.
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Ila Patnaik
05 February, 2018
- Perspectives
Union Budget 2018: What's in it for women?
In this article, Nalini Gulati analyses the Union Budget 2018-19 through a gender lens. She emphasises the need to firmly institutionalise Gender Responsive Budgeting within the government at the nat...
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Nalini Gulati
02 February, 2018
- Perspectives
Recapitalisation of public sector banks, and financial repression
Government of India recently announced its decision to infuse Rs. 2.11 trillion of fresh capital into public sector banks, financed partly through recapitalisation bonds. In this article, Dr Gurbachan...
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Gurbachan Singh
06 November, 2017
- Perspectives
Production Responses and Tax Evasion with Limited State Capacity - Evidence from Major Reform in India
This project explores: what is the effect of switching from a retail sales tax to a VAT in a country with limited tax capacity and a large informal economy? The project explores this question through...
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David Agrawal
Laura Zimmermann
31 October, 2017
- IGC Research on India