Tag Search: “fiscal policy”
Budget 2022-23: Hits and misses
Outlining the hits and misses of the Budget 2022-23, Rajeswari Sengupta contends that the capital expenditure push by the government seems to be a step in the right direction, while the rationale behi...
- Rajeswari Sengupta
- 14 February, 2022
Budget 2022-23: Capital gains tax, and asset-price stability
Although there is a need to ensure asset-price stability, the 2022-23 Budget has left the capital gains tax on equity investment unchanged. In this post, Gurbachan Singh examines the idea of a tax as ...
- Gurbachan Singh
- 04 February, 2022
Assessing the credibility of sub-national budgets in India
The Covid-19 crisis has put immense pressure on the finances of Indian states. Fiscal consolidation in the post-pandemic period will depend on growth revival, increased fund flows, and efficient budge...
- Pratap Ranjan Jena Abhishek Singh
- 10 November, 2021
Inequality, labour market trends, and the welfare State
All around the world, rising levels of inequality – particularly in the last 3-4 decades – have been recognised as a major issue. In this context, David Green (University of British Columbia) and Pari...
- Parikshit Ghosh David Green
- 14 October, 2021
Goods and services tax: Estimating optimal rates
Introduced in India in 2017, a key feature of the goods and services tax (GST) system is that the tax rate for a particular commodity is uniform across the country. Based on a counterfactual framework...
- Amita Majumder Ranjan Ray Sattwik Santra
- 09 July, 2021
The importance of a climate stimulus in India
The Covid-19 pandemic has plunged India into recession, and substantial stimulus from the government is required to jump-start the economy. In this post, Ingmar Schumacher contends that while systemic...
- Ingmar Schumacher
- 04 June, 2021
Budget 2021-22: A political economy perspective
Examining the 2021-22 Union Budget with a political economy lens, Yamini Aiyar contends that the policy choices reflects Government of India’s propensity to centralise rather than to devolve, and a sh...
- Yamini Aiyar
- 15 February, 2021
Budget 2021-22: Does it address structural issues?
Highlighting some of the key features of the 2021-22 Union Budget, Sarthak Agarwal contends that although this Budget was presented in an exceptionally difficult period for the Indian economy, policym...
- Sarthak Agrawal
- 12 February, 2021
Budget 2021-22: A passing grade
Assessing the 2021-22 Union Budget, Bhaskar Dutta argues that while there are several positive features, the overall thrust is disappointing because it does not address the needs of the poor.
- Bhaskar Dutta
- 09 February, 2021
Budget 2021-22: A macroeconomic overview
Providing a macroeconomic overview of the Union Budget 2021-22, Niranjan Rajadhyaksha and Sharmadha Srinivasan contend that it is based on realistic assumptions of nominal GDP growth, is reasonably ai...
- Niranjan Rajadhyaksha Sharmadha Srinivasan
- 08 February, 2021
Budget 2021-22: Missed opportunity for increasing tax collection
Examining income tax announcements of Budget 2021-22 with a broader perspective, Gurbachan Singh highlights the need to increase tax collection in India in a gradual and careful but sustained manner. ...
- Gurbachan Singh
- 04 February, 2021
Budget 2021-22: A gender lens
Examining the 2021-22 union budget through a gender lens, Nalini Gulati discusses what the budget does – and does not do – for women in the Indian economy, particularly with respect to the digital pus...
- Nalini Gulati
- 02 February, 2021