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More »Why we need to debate the Old Pension Scheme
05/04/2023
(Co-authored with Balamuraly B and Lekha Chakraborty)
OPS raises concerns about fiscal sustainability and intergenerational inequities.
In the post-pandemic fiscal strategy of State finances, the fiscal risks emanating from revenue uncertainties, high percentage of committed spending and increasing subsidy burden have a …
(Co-authored with Vimal Balasubramanium, Aishwarya Gawali, Nancy Gupta and Srishti Sharma)
Background
India already suffers from the problem of low financial literacy. This problem, however, is compounded for women who have even lower financial literacy compared to men.
Additionally, …
(Co-authored with Vimal Balasubramanium, Aishwarya Gawali, Nancy Gupta and Srishti Sharma)
In previous articles, we examined the extent of grievances and redress for various financial products in the financial market landscape, specifically for banking and pensions. We also evaluated whether grievance redress mechanisms worked and what …
Fiscal Policy for Sustainable Development in Asia-Pacific' is an inspiring read on gender budgeting
31/01/2023
Book Review
Lekha Chakraborty, Fiscal Policy for Sustainable Development in Asia Pacific: Gender Budgeting in India, Palgrave Macmillan, 2021.
Until recently fiscal policy and government budgets were thought to be matters that had no differential impacts on the lives of women …
Budget 2023 must target fiscal consolidation while supporting specific sectors: NIPFP’s Pandey
27/01/2023
Given the uncertain global environment, Finance Minister Nirmala Sitharaman also needs to focus on capex, as also on labour-intensive manufacturing.
India’s central government must aim to lower its fiscal deficit gradually while taking measures to tackle sector-specific issues in the upcoming budget for 2023-2024, according …