Tag Search: “fiscal policy”
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...
- 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 ...
- 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...
- 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...
- 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...
- Xiang Fang Bryan Hardy Karen K. Lewis
- 04 August, 2023
- Articles
India’s debt dilemma
In the fifth article in the Ideas@IPF2023 series, Eichengreen, Gupta and Ahmed reveal how high levels of debt in India limit the resources available for other priorities. At the same time, they predic...
- Ayesha Ahmed Barry Eichengreen Poonam Gupta
- 17 July, 2023
- Perspectives
Is electrification in India fiscally sustainable?
In the first article in the Ideas@IPF2023 series, Barnwal and Ryan describe the completion of household electrification in India as a fiscal feat, notwithstanding the persistent losses recorded by ele...
- Prabhat Barnwal Nicholas Ryan
- 11 July, 2023
- Perspectives
Budget 2023-24: Fiscally conservative but lacking economic strategy
The Indian economy’s recovery from the Covid-19 pandemic has not been all good news: employment creation has stagnated, and government capex allocation has not been successful in generating private se...
- Rajeswari Sengupta
- 27 February, 2023
- Perspectives
Pre-election Budget 2023-24: Short on extravagance, long on substance
The Union Budget presented earlier this month was the last full-year budget before next year's general elections. Rajat Kathuria looks back to India's economic performance in 2014 and suggests that th...
- Rajat Kathuria
- 22 February, 2023
- Perspectives
Budget 2023-24: Some good and no harm
Following the budget speech, Deepak Mishra weighs in on the extent to which the three goals of higher growth, better distribution, and stability were met. He discusses the Finance Minister’s success i...
- Deepak Mishra
- 03 February, 2023
- Perspectives
Budget 2023-24: A wish list of priorities
Ahead of the release of the Union Budget for FY2023-24, Chetan Subramanian reveals his expectations about the government’s key priorities and how they could balance multiple objectives. He discusses t...
- Chetan Subramanian
- 31 January, 2023
- Perspectives
I4I@10 | First Ashok Kotwal Memorial Lecture: The future of development
What is the 'fourth' fundamental law of capitalism? Will capital ‘inherit the earth’? Has the pandemic quickened the intuitive appeal of the capital-labour substitution? Should sovereign funds be base...
- Debraj Ray I4I Team
- 30 January, 2023
- Videos