Tag Search: “fiscal policy”
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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Rajeswari Sengupta
05 February, 2025
- Perspectives
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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K. S. Kavi Kumar
Anubhab Pattanayak
14 November, 2024
- Articles
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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Nirvikar Singh
Prakarsh Singh
Lakhwinder Singh
17 July, 2024
- Perspectives
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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Chetan Ghate
Kenneth Kletzer
Mahima Yadav
12 July, 2024
- Articles
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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M. Balasubramanian
08 July, 2024
- Perspectives
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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Nalini Gulati
17 May, 2024
- Perspectives
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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Parikshit Ghosh
01 May, 2024
- Perspectives
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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Aakanksha Shrawan
26 March, 2024
- Perspectives
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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Pulapre Balakrishnan
M. Parameswaran
20 March, 2024
- Perspectives
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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Tanya Jain
Rahul Singh
05 February, 2024
- Articles
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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Pranab Bardhan
I4I Team
20 December, 2023
- Videos
Who holds sovereign debt and why it matters
Knowing who invests in sovereign debt and how they impact borrowing costs could help governments understand how costly it would be to raise new debt. This article constructs and analyses data on the c...
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Xiang Fang
Bryan Hardy
Karen K. Lewis
04 August, 2023
- Articles