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Where does the Budget stand? Will paring food, fertilizer and petroleum subsidies help? Why are fiscal policy measures crucial to tackle inflation?
The story so far: In the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman chose the path of relative fiscal prudence and projected a decline in ...
(Co-authored with Divy Rangan and Balamuraly B.)
Despite the global economic headwinds and geopolitical uncertainties, the fiscal arithmetic looks conservative.
The predominant focus of the Union Budget 2023 was to adhere to the path of fiscal consolidation. Despite the global economic headwinds and geopolitical uncertainties, the fiscal arithmetic ...
Will FM's Budget 2023 enable 'Nari Shakti'?
10/03/2023
(Co-authored with Balamuraly B.)
The FM has rolled out a slew of gender-friendly announcements, but a conscious increase in the public expenditure on soft sectors like health, education and gender will give social infrastructure investment a boost.
In Union Budget 2023, gender budgeting is pitched as a powerful ...
Financing Cities
09/03/2023
(Co-authored with Balamuraly B.)
Against the backdrop of 73rd and 74th Amendment, in 1992, India has institutionalised the structure of local governance with the devolution of functions and finances to the third tier of government. The Urban Local governments (ULB) include municipal corporations, municipal councils and Nagar panchayats, which ...
Given constraints in the fiscal space, resorting to revenue mobilisation is vital.
Kerala’s Budget 2023 presented by Finance Minister K.N. Balagopal on February 3, 2023 focused on revenue mobilisation. The narrative of the Kerala State finances has taken a relative transit from focusing on debt financing to revenue ...