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Tag Search: “fiscal policy”

Union Budget 2016: Will it support India's economic transformation?

In this year’s Budget speech, the Finance Minister articulated the government’s agenda to ‘Transform India’ through a set of economic reforms framed in terms of ‘nine pillars’ - agriculture, rural dev...

  • Perspectives

Union Budget 2016: A UPA-III Budget

In this article, Maitreesh Ghatak, Professor of Economics at the London School of Economics, contends that the Modi government presented a reasonably good United Progressive Alliance (UPA)-III Budget ...

  • Perspectives

Union Budget 2016: Focus on reforms and fiscal commitments

The Union Budget 2016-17 was presented by the Finance Minister earlier this week. In this article, Rathin Roy, Director of the National Institute of Public Finance and Policy, applauds the Budget for ...

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Can India beat this slowdown?

RBI Governor Raghuram Rajan has cautioned the government against seeking to generate economic growth by increasing public spending and hence, adding to the fiscal deficit. In this article, Jayan Jose ...

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Fiscal deficit and growth slowdown

Ahead of the Union Budget, several policymakers and economists in India have advocated increasing public spending to spur economic growth. In this article, Gurbachan Singh argues that even if India is...

  • Perspectives

Charting a course for the Indian economy

Karthik Muralidharan (Associate Professor of Economics, University of California, San Diego) speaks with Arvind Subramanian (Chief Economic Adviser, Government of India) on a broad set of issues rang...

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Where is India's growth story headed?

The global financial crisis and domestic policy paralysis led to a decline in firms’ investment activities and investors’ business confidence in India. Could this have affected the economy’s long-ter...

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Incentivising states to conserve forests

Central tax revenues will now be shared among states not just on the basis of population, area, and income, but also forest cover. In this article, Jonah Busch, an environmental economist at the Cent...

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Responding to external shocks

Following the global financial crisis of 2007-08, the Indian economy was exposed to various shocks. While the major source of shocks was external, the effects were magnified by certain lapses in dome...

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Promoting the use of a novel water-saving agricultural technology among Indian farmers

The Met Department has forecasted a below-normal monsoon in India this year. This column analyses the demand for a water-saving agricultural technology — laser land levelling — among farmers in Uttar...

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14th Finance Commission: A trust-based approach towards local governments

The 14th Finance Commission has been hailed as ‘path-breaking’ for recommending larger fund allocations to state governments and giving them more autonomy in spending these funds. In this article, Me...

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Getting centre-state relations right for health in India

The 14th Finance Commission has recommended devolving a greater share of revenues to states in order to give them more control over spending. In this article, Amanda Glassman and Anit Mukherjee exami...

  • Perspectives