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Budget 2024: As Modi 3.0 gears up for presenting budget 2024, expectations are rife that the budget will be much more than fiscal numbers. In an exclusive conversation with Republic Business, Lekha S Chakraborty, professor of NIPFP and Visiting Scholar at Cambridge University, shares her expert insights on …

Since the 14th Finance Commission recommended that no new state should be accorded the SCS, the central government has repeatedly denied their demands.
With a coalition government at the Centre, the call for special category status (SCS) for Andhra Pradesh and Bihar has only got louder. …

Interview with Dr Lekha S. Chakraborty
(Professor and Chair, NIPFP NET-Website Committee, National Institute of Public Finance and Policy, New Delhi & Research Faculty Associate, The Levy Economics Institute of Bard College, New York)
In the Gender Kaleidoscope segment in Pragati, …

The Special Category states receive special financial assistance and other benefits from the central government due to their unique developmental needs and challenges.
The clamour for the ‘Special Category Status’ for Bihar and Andhra Pradesh came back into the spotlight after the Janata Dal (United) …
The uses of running a deficit
06/05/2024

GROWTH STRATEGY. An interplay of fiscal and monetary policy would be needed to serve developmental goals.
The predominant narrative of the Interim Budget 2024 is the macroeconomic stabilisation function of a government in times of poly-crisis. The Finance Minister has reiterated that the fiscal consolidation …