Tag Search: “public finance”
Estimating the effects of physical infrastructure investments on economic growth has remained challenging, especially in rural settings. This article studies the effects of a rural infrastructure gran...
Infrastructure development remains a key constraint in India’s economic development. Given the budgetary constraints of the government, private financing for infrastructure provisioning through public...
- Meenakshi Sinha
- 19 February, 2020
This year’s Economic Survey, the flagship document of the Ministry of Finance, was recently tabled in the Parliament at a time of economic slowdown and rural distress in India. In this post, Sudha Nar...
- Sudha Narayanan
- 05 February, 2020
Property tax, levied on ownership of any real property, is a significant source of revenue for city-level municipal governments in India. However, revenue collections from it are quite low as it is po...
Government recently announced its decision to borrow in foreign currency from abroad to finance part of government’s fiscal deficit. In this post, Renu Kohli discusses some key fiscal preconditions re...
- Renu Kohli
- 06 September, 2019
The Reserve Bank of India (RBI) recently decided to transfer Rs. 1.76 trillion to the Government of India (GOI). If the RBI has inadequate capital, then it should not transfer funds to the GOI. But ev...
- Gurbachan Singh
- 02 September, 2019
The history of sovereign debt evolved over time along with the purposes for which governments borrowed: first State-building, then public-good provision, and most recently social welfare and entitleme...
Even when the central government is committed to a jobs guarantee, rationing of work opportunities can arise under decentralised implementation in poor places. This article examines India’s efforts to...
- Martin Ravallion
- 09 August, 2019
The government securities (G-Secs) market has substantial effects on other markets as the producer of risk-free interest rate benchmarks. Over 2017-18, there was a sharp rise in the interest rates of ...
- Ashima Goyal
- 15 July, 2019
Based on a survey conducted over November-December 2018 with 3,800 respondents in rural Bihar, Khemani, Habyarimana, and Nooruddin present descriptive evidence on what the poor citizens of India think...
Ashwini Kulkarni (Director, Pragati Abhiyan) puts forth the view that an unconditional income transfer programme like NYAY can help address multidimensional poverty and enable the most vulnerable amon...
- Ashwini Kulkarni
- 03 May, 2019