Tag Search: “fiscal policy”

NYAY e-Symposium: Crucial to look into taxes for financing

Prof. S. Subramanian (National Fellow, Indian Council of Social Science Research) emphasises the importance of dealing directly with the question of enhanced taxation and some estimate of the likely o...

  • Articles

NYAY e-Symposium: The potential macroeconomic impact of NYAY

Niranjan Rajadhyaksha (Research Director and Senior Fellow at IDFC Institute) contends that the estimated cost of NYAY is substantial and there is ample reason to worry about the fiscal burden of the ...

  • Perspectives

NYAY e-Symposium: Getting targeting right

Karthik Muralidharan (Tata Chancellor's Professor of Economics, University of California, San Diego) recommends targeting the 20% of poorest blocks in the country under NYAY, and making the cash trans...

  • Perspectives

NYAY e-Symposium: Not long-term solution to poverty but useful ‘first-aid’

Maitreesh Ghatak (Professor of Economics, London School of Economics) contends that a cash transfer, as envisaged by NYAY, will provide some relief and a safety net to the poor living on the margins o...

  • Perspectives

Introduction to e-Symposium: Decoding Congress’ NYAY

A major announcement in the Congress manifesto, in the ongoing parliamentary election, is the minimum income guarantee proposal – Nyuntam Aay Yojana (NYAY). In this symposium, Bharat Ramaswami (Ashoka...

  • Symposium

NYAY e-Symposium: Four concerns around cash transfer policies

Bharat Ramswami (Professor of Economics, Ashoka University) discusses four sets of caveats in implementing NYAY as an add-on cash transfer. He contends that the emergence of cash transfers as a sustai...

  • Perspectives

NYAY e-Symposium: Doing justice to NYAY

Jean Drèze (Visiting Professor, Ranchi University) discusses the role of NYAY in the larger context of social security in India, and proposes some tentative principles for the scheme

  • Perspectives

NYAY e-Symposium: The case for a universal basic income supplement

Pranab Bardhan (Professor of Economics, University of California, Berkeley) argues in favour of an income supplement, albeit one that is universal.

  • Perspectives

India's farm crisis: Decades old and with deep roots

In this Perspectives piece, Prof. Himanshu argues that the crisis in Indian agriculture today is not a new one; it goes back many years. Therefore, the problems of farmers cannot be addressed by the b...

  • Perspectives

Interim Budget 2019: Rising fiscal deficit in a 'booming' economy

In this article, Rajeswari Sengupta analyses various nuances of the recently announced Union Interim Budget, including the deviation from the targeted path of fiscal consolidation. In a world of Aadha...

  • Perspectives

How tax incentives influence household financial saving

Indian households tend to hold a high fraction of their wealth in non-financial assets such as real estate and gold. Tax policy has been used to incentivise saving in financial assets and encouraging ...

  • Articles

Indian economy: High performer or Potemkin village?

The recent schizophrenic commentary on the health of the Indian economy raises questions on the true state: Is India doing really well or are we just seeing an impressive facade? In this post, Amartya...

  • Perspectives