Tag Search: “public finance”

Heart of darkness: Misplaced priorities of Jharkhand’s District Mineral Foundation

In 2015, the central government launched District Mineral Foundations in the districts affected by mining, which are mandated to collect royalty from all mining activities and use the funds for the we...

  • Notes from the Field

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...

  • Perspectives

Parikshit Ghosh speaks with Karl Ove Moene

There is a view that upsurge in inequality due to globalisation is leading to rising appeal of political platforms that promote inward-looking policies. In this podcast, Parikshit Ghosh (Member of the...

  • Podcasts

Why are finances of Indian states deteriorating?

The combined stock of debt owed by Indian states is about 21% of GDP, and is proliferating. In this article, Ananya Kotia discusses why the stock of the states’ debt is unsustainable today despite th...

  • Perspectives

Straw men in the debate on basic income versus targeting

A universal basic income as a poverty-reduction policy is often contrasted unfavourably with targeted transfers. In this article, Martin Ravallion argues that five of the common arguments employed ag...

  • Perspectives

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

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

Financing Indian cities

Indian cities are fund-starved and unprepared to handle the stresses of rapid urbanisation in the country. Urban local bodies and municipal corporations, particularly in tier-2 and tier-3 cities, do ...

  • 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

A proposal for public funding of elections and political parties in India

The Finance Minister of India recently introduced measures aimed at cleaning up political party funding in the country. In this article, Gowda and Santhosh highlight the limitations of these measures,...

  • 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