Tag Search: “fiscal policy”
GST Explainer: A public finance expert’s view
Kavita Rao, Professor, National Institute of Public Finance and Policy, responds to the questions on GST posed in the introduction of this explainer.
- Kavita Rao
- 16 October, 2017
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...
- Ananya Kotia
- 27 September, 2017
Caste and credit: Not such a woeful tale?
Caste is an enduring predictor of economic status in India and caste-based discrimination continues to pervade several spheres of life. What about rural lending? This column suggests that most caste-w...
- Sunil Mitra Kumar Ragupathy Venkatachalam
- 11 September, 2017
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...
- Martin Ravallion
- 11 August, 2017
Demonetisation, cattle slaughter ban, and India's cyclical agrarian crisis
In this article, Parag Waknis discusses why India’s rural economy is always on the precipice of crisis, and how the recent shocks of demonetisation and cattle slaughter ban exacerbated the crisis by d...
- Parag Waknis
- 04 August, 2017
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...
- Nalini Gulati Nidhiya Menon
- 27 July, 2017
The economic and political consequences of India's demonetisation
The ruling party at the centre won the Uttar Pradesh state election despite its demonetisation policy having some negative economic impacts on the Indian economy. By combining primary data from survey...
- Abhijit Banerjee Namrata Kala
- 26 July, 2017
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...
- Pronab Sen
- 16 July, 2017
Are farm loan waivers really so bad?
Recent announcements by various state governments of their intent to waive farm loans to varying extents have been strongly criticised by the media and other commentators. In this article, Dr Pronab S...
- Pronab Sen
- 23 June, 2017
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...
- Ritika Jain
- 12 June, 2017
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.
- Pronab Sen
- 08 May, 2017
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...
- Justin Sandefur
- 31 March, 2017