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Tag Search: “fiscal policy”

Health policy and economic growth in India

A new synthesis paper (Menon 2017) produced by the International Growth Centre brings together evidence from various health-related IGC studies on India undertaken over the past seven years, to draw i...

  • Perspectives

The economic and political consequences of India's demonetisation

The ruling party at the centre won the Uttar Pradesh state election despite its demonetisation policy having some negative economic impacts on the Indian economy. By combining primary data from survey...

  • Articles

How much public debt is too little?

Virtually the entire literature on public debt is focussed on determining how much is too much, beyond which it becomes a systemic threat to the economy. In this article, Pronab Sen outlines some of t...

  • Perspectives

Are farm loan waivers really so bad?

Recent announcements by various state governments of their intent to waive farm loans to varying extents have been strongly criticised by the media and other commentators. In this article, Dr Pronab S...

  • Perspectives

Impact of disinvestment policy on public sector enterprises in India

To address operational inefficiencies in PSEs without comprising on their social objectives, disinvestment policy is often used. However, there are concerns regarding the extent of impact on firm per...

  • Articles

When windmills tilt: The FRBM debate

In this article, Dr Pronab Sen presents his views on the ongoing debate on the Fiscal Responsibility and Budget Management Act.

  • Perspectives

Disintermediating the State: Would a universal basic income reduce poverty more than targeted programmes?

Commenting on the discussion of the universal basic income in India’s Economic Survey 2016-17, Justin Sandefur contends that a modest version of UBI could potentially save money and shift expenditure...

  • Perspectives

Tax, lies, and red tape

Weak institutional environments in poor countries may lead to lower tax compliance by firms. This may be especially true for family firms, whose owners have higher stakes in the firm and longer horizo...

  • IGC Research on India

How India can reduce the size of its black economy

In this article, Parag Waknis contends that if the Indian government is serious about addressing the black economy, fundamental changes in the structure and organisation of the economy and politics ar...

  • Perspectives

Chasing one's own tail: Dealing with tax non-compliance

A key, stated objective of the recent denotification of high-denomination currency notes was to eliminate black money arising from tax evasion, and to expand the tax net. In this article, Sangram Gaik...

  • Articles

Budget subsidies of the central government and 14 major Indian states: 1987-88 and 2011-12

In this article, Mundle and Sikdar of NIPFP, present their estimates of the flow of subsidies through the budgets of the central government and 14 major Indian states in 1987-88 and 2011-12. The estim...

  • Articles

The tale and maths of universal basic income

Commenting on the discussion on universal basic income in the recently released Economic Survey, Jean Drèze argues that UBI is an idea whose time will come, but that time is still quite distant as fa...

  • Perspectives