The 2023 Nobel economics laureate has shown that the bulk of this earnings difference is now between men and women in the same occupation and that it largely arises with the birth of the first child.

 

The 2023 Sveriges Riksbank Prize in Economic Sciences in …

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.

 

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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 …

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 estimate …

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 and …