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Tag Search: “fiscal policy”

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...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • 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...

  • Perspectives

The Covid-19 shock: Learnings from the past, addressing the present - IV

In the previous part of the series, Dr Pronab Sen presented a pathway to recovery, focusing on the ‘survival’ phase, that is, the three-month period of lockdown. In this part he discusses the revival...

  • Perspectives