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Strap: It recognises that the medium-term fiscal arithmetic does not afford space for expansionary fiscal policy
In my column on the FY20 Budget (A silent fiscal crisis, July 5, 2019), I had warned that the government faced a structural fiscal constraint that was concealed by using incorrectly optimistic numbers ...
From fiscal goals and meaningful allocations to boosting growth and being accountable, Budget 2020 provides the opportunity for a new narrative.
Unlike earlier years, the ‘economics of the government’ is no longer exclusively revealed on Union budget day, where the finance minister would announce new economic policies and schemes ...
(Coauthored with Lekha Chakraboty)
Estimating the buoyancy of own tax revenue and its important components for Himachal Pradesh for the period 1980 to 2017.
Himachal Pradesh was ranked second amongst all the states and Union territories of India, with a score of 69, in the composite score published ...
Back to the public sector?
03/01/2020
Of the Rs 102 trillion to be deployed through to FY25, 78 per cent is to be mobilised by the public sector and 22 per cent by the private sector.
Implementing a recent announcement, the Ministry of Finance released the National Infrastructure Pipeline Report (NIP). The exercise is similar ...
Violence against women: Beyond the rhetoric
23/12/2019
Violence against women is as much an economic policy issue as a social one. Macroeconmic policy, governance must set the standards for women’s safety.
Beyond online activism on #RapeinIndia remarks, it is high time safety and security of women in India receives serious bi-partisan priority. It is unfortunate to ...