Tag Search: “fiscal policy”
With falling inflation, high forex reserves and the new government embarking on a broad reform agenda, things seem to be looking up for India. In this article, Eswar Prasad shares his macroeconomic o...
- Eswar Prasad
- 16 December, 2014
Kerosene – the primary fuel used by the poor in India for cooking and lighting – is made available at subsidised rates by the government through the Public Distribution System. This column seeks to e...
- Prankur Gupta
- 24 September, 2014
India’s older population aged 60 or above, is the second largest in the world. This column analyses the effects of India’s National Old Age Pension Scheme on the wellbeing of the elderly. It recommen...
- Neeraj Kaushal
- 03 September, 2014
The Finance Ministry recently announced that the Goods and Services Tax will soon be a reality. In this article, M. Govinda Rao – member of the 14th Finance Commission – discusses the challenges and ...
- Govinda Rao
- 25 August, 2014
In this article, Arvind Subramanian contends that while Modi’s first Budget was good on vision, it fell short in terms of fiscal adjustment, budgetary transparency and credibility, and specificity an...
- Arvind Subramanian
- 15 July, 2014
As the Goods and Services Tax is inching towards implementation, a major overhaul of the Indian tax system has also been in progress. This article discusses three key strengths of the ongoing process...
- Nirvikar Singh
- 18 June, 2014
With rapid decentralisation and urbanisation, wealth is increasingly vested and locked up in land and property in India. In their previous article, Kapur and Subramanian emphasised the importance of ...
While the current turbulence in the Indian economy bears a resemblance to the situation of other emerging economies, it is unique when compared with historical experiences of economic crises. In thei...
The recent turmoil in the currency market and the general slowdown in growth in India are disturbing. However, India has by and large performed better in terms of macro-financial stability as compared...
- Gurbachan Singh
- 08 November, 2013
The Indian economy has been facing challenges in the form of sluggish growth, high inflation, and rising fiscal and current account deficits. This column highlights trends in the economic conditions,...
- Sarah Chan
- 24 April, 2013