वित्त मंत्रालय के तहत एक स्वायत्त अनुसंधान संस्थान

 

Debt Sustainability: G20 should seek interest rates lower than growth rate

25/08/2023

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High interest rate affects public debt management when debt servicing becomes costlier. The pragmatic baseline for the G20 fiscal sustainability is to have a check on the cost of borrowing and rate of economic growth, opt for debt restructuring and go soft on numerical thresholds.
 
In a low-interest rate ...

Why celebrate a disappearing deficit?

16/08/2023

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Single-minded pursuit of zero revenue deficit can hurt the poor in particular.
 
 
In the post pandemic fiscal strategy, the "golden rule" of targeting zero revenue deficit is gaining attention as a powerful mantra of fiscal discipline. The 'golden rule' translates that the revenue receipts should be the basis ...

Fiscal Policy for Sustainable Development in Asia-Pacific: Gender Budgeting in India by Lekha Chakraborty

14/07/2023

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A real technical and practical tour de force on gender budgeting. 
 
A real technical and practical tour de force and a sophisticated take on gender budgeting. It combines into useful fusion from her deep knowledge of two key fields for India:  fiscal and budget policy and gender ...

India's Economic Growth Recovery

19/06/2023

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India’s recent economic growth with a 7.2 per cent increase in GDP in the Financial Year 2022-23 has created enthusiastic optimism. The GDP growth trajectory has touched $3.75 trillion. In IMF's economic growth estimations, India is the fastest-growing economy in the world. In the post-pandemic growth strategy, this ...

Rethinking the Rules: Need for a consultative process

12/06/2023

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Rethinking fiscal rules has often been a central theme in the debate over cooperative federalismin India. The Centre has recently determined that contingent liabilities or off-budget borrowings will be included in estimating the Net Borrowing Ceiling (NBC)of the states.This has considerably reduced the fiscal space of thestate governments ...