An autonomous research institute under the Ministry of Finance

 

Fiscal Policy for Sustainable Development in Asia-Pacific: Gender Budgeting in India by Lekha Chakraborty

14/07/2023

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A real technical and practical tour de force on gender budgeting. 
 
A real technical and practical tour de force and a sophisticated take on gender budgeting. It combines into useful fusion from her deep knowledge of two key fields for India: fiscal and budget policy …

India's Economic Growth Recovery

19/06/2023

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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 the Rules: Need for a consultative process

12/06/2023

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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 …

Fiscal space and the size of Government in Kerala

05/06/2023

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In the post pandemic fiscal strategy, the Indian States are instructed to maintain a fiscal deficit GDP ratio to 3.5 per cent of GSDP, with 0.5 percent extra borrowing powers tied to mandatory power sector reforms. To meet the challenges related to maintaining a robust growth path through capital …

Rs 2000 ban by RBI

23/05/2023

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As the Rs 2,000 banknote is still a legal tender in India, the likelihood of economic disruptions is comparatively lesser. However, the ease of transactions will be disrupted ex-post to the RBI’s decision to withdraw Rs 2,000 notes. 
 
The Rs 2,000 denomination banknote …