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Tag Search: “fiscal policy”

The tariff tantrums

President Trump’s administration has imposed steep tariffs on countries across the world, ostensibly to promote fair trade and reduce US trade deficits. However, Parikshit Ghosh argues that these “rec...

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Union Budget 2025-26: Many small measures but lacks big ideas

The Finance Minister recently presented the Union Budget for 2025-26. In this post, Rajeswari Sengupta notes that the most significant aspect of this Budget is the fiscal stimulus aimed at middle-clas...

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Fiscal transfers and natural calamities: Does political alignment matter?

Fiscal transfers from the central government serve as an important mechanism for state governments to mitigate adverse impacts of extreme climate events. This article demonstrates that higher allocati...

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Economic development of Punjab: Prospects and policies

While the north Indian state of Punjab topped per-capita income rankings within the country until year 2000, its position fell consistently thereafter. This article discusses the current state of Punj...

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India’s foreign reserves and global risk

India’s foreign exchange reserves, relative to GDP, have been on the rise. This article examines the motives behind the hoarding of reserves by central banks, and if adequate reserves are held for pur...

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Eco-budget in Karnataka: Opportunities and challenges

In its 2022-23 budget, the government of Karnataka announced an allocation of Rs. 100 crore to compensate for the negative impact of natural events and human activities on forests. In this post, M Bal...

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Policy Roundup: Voting, wealth redistribution, state of health

This post presents our monthly curation of recent developments in the Indian policy landscape – highlighting I4I content pertaining to issues ranging from electronic voting machines, vote-buying, and ...

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Going green while being in the red

In the third post of a three-part blog series, I4I Editor-in-Chief Parikshit Ghosh advocates for a holistic approach that harmonises India’s environmental policy, social safety nets, and macroeconomic...

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Budget 2024-25: A countercyclical approach to fiscal policy

Keynes propounded that fiscal policy should be countercyclical in nature – expansionary during recession and contractionary during periods of boom. In this post, Aakanksha Shrawan analyses India’s Int...

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Growth, well-being and distribution in India in the last decade – I

As India gets ready to vote in the general election, Balakrishnan and Parameswaran present a comprehensive, evidence-based review of the performance of the Indian economy over the past decade. In the ...

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How R&D tax credits can drive price competition in Indian industries

In the last few decades, tax credits have been introduced in many developing countries to incentivise investment in research and development (R&D). Looking at the staggered introduction of R&D tax cre...

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Second Ashok Kotwal Memorial Lecture: Inequality, Labour and Social Democracy

The Ashok Kotwal Memorial Lecture was instituted in 2022, in memory of our founding Editor-in-Chief, as an annual lecture on key issues of development. For its second edition, I4I hosted Professor Pra...

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