An autonomous research institute under the Ministry of Finance

 

Nirmala Sitharaman’s Maiden Budget is an Exercise in Taming Policy Uncertainty

18/07/2019

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While pragmatic, its fiscal marksmanship is a pressing concern.

 

Policy uncertainty can cause a severe drag on economic growth. The maiden budget by finance minister Nirmala Sitharaman was a judicious narrative of how to lessen the policy uncertainties. She has not deviated from the …


The Economics of Government: Key Issues that Budget 2019 must tackle

05/07/2019

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The prime focus of Union budget 2019 would be the need to strengthen economic growth. A deviation from the path of fiscal consolidation may be essential to spur growth. A strict adherence of threshold fiscal deficit ratio of the GDP may not be feasible at this point as more …

Indian Fiscal Federalism: A Few Empirical Questions

11/04/2019

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The book titled “Indian Fiscal Federalism” co-authored by Y V Reddy and G R Reddy is written from a “practioner’s perspective”. The simplicity of this book is appealing, especially when the content of the book is about a very complex set of rules and games between the Centre and …

Looking at budget through ‘gender lens’

05/04/2019

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The announcements for women in a budget are just the tip of the iceberg. An intelligent woman can ask: how much of these announcements are backed by real budgetary allocations?
 
The announcements for women in a budget are just the tip of the iceberg. An …

Sustainable growth challenge: Dynamics of the Indian growth story

05/04/2019

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Gender gaps in labour force participation rates in India affect the “potential output” and also harm the inclusiveness of the growth process.
 
IMF’s World Economy Outlook recently reported that India’s real GDP growth forecast for FY19 remains at 7.3% while it is relatively higher at …