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 …

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 …

The central banks' lack of understanding about the non-monetary components of inflation in times of war and crisis, driven by disruptions in supply chains is reflected in its policy to tackle inflation through a series of interest rate hikes.

 

The US Federal Reserve increased policy …

 

At the outset Lekha S Chakraborty makes a significant observation about the role of fiscal transfers to generate a …

The public budget of a country is one of the earliest economic tools that economists and accountants have had available over the years for their theorizing and their analyzing. Public budgets became available when the public accounts of countries could be separated from the private accounts of those who …