[Co-authored with Amandeep Kaur]

A climate responsive budgeting (CRB) for both adaptation and mitigation is a dynamic process in environmental federalism.* A promising framework for CRB has been evolving within the purview of the Public Financial Management (PFM) over the years across selected …

[Co-authored with Yadawendra Singh]

Globally, a direct employment transfer - a job guarantee programme - is an “employer of last resort” fiscal policy, which envisions the government bearing a guarantee to provide paid work opportunities of predictable duration at a predetermined wage for public …

GST should result in an abolition of fragmented tax regime, development of a common market, elimination of cascading of taxes and should help increase the growth of GDP by promoting trade, business and investment.

In contemporary federalism, fiscal behaviour of States has not been predominantly determined by the patterns of intergovernmental fiscal transfers. The recent central government policies and reforms in India are also influencing debt-deficit dynamics at the subnational level. With the introduction of UDAY¹, this dimension has reached …

Since the constitution of GST Council on 12th September, 2016, commendable progress has been made towards implementation of this major tax reform in the country. GST council has already arrived at a consensus on the most contentious issue in GST design, i.e., the rate structure. The mechanism of compensation …