An autonomous research institute under the Ministry of Finance

 

Budget 2023: Expect the Centre to address fiscal stress faced by states

19/01/2023

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(Co-authored with Balamuraly B)
 
As states are doing the heavy lifting post-pandemic to enhance public investment, we do expect a hike in the capex transfers to the states in the upcoming Union budget
 
There is increasing recognition for state finances in the post-COVID fiscal strategy in India due ...

Budget must keep fiscal policy accommodative; consolidate without affecting recovery: Lekha Chakraborty

19/01/2023

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Fiscal consolidation through tax buoyancy rather than expenditure compression will be a relatively less painful path towards economic growth recovery, according to Lekha Chakraborty.
 
The Union government must keep the fiscal policy accommodative to support growth recovery amid an uncertain global situation and monetary tightening, according to Lekha S ...