fiscal deficit India

Fiscal deficit quality matters more than the 4.3% headline

The 4.3% fiscal deficit figure tells only half the story; what matters is that India is moving closer to borrowing for asset creation rather than consumption. Read more »
Kerala’s local bodies

Kerala’s fiscal rules must include an escape clause

Applying the same deficit limits to all states undermines equity and ignores Kerala’s unique fiscal and environmental challenges. #Kerala #fiscaldeficit #FRBM Read more »
state economies

Deficit to dynamism: Empower state economies to unlock India’s growth potential

A decentralised approach to governance and fiscal reform can transform state economies into engines of inclusive and sustainable growth, bridging the gap between policy intent and outcomes. #fiscalhealth #GDP #fiscaldeficit Read more »
Budget 2025 presented on February 1, 2024.

Budget 2025 bets on infrastructure, fiscal prudence

Revenue surge to fund growth of railways and roads; subsidies trimmed as Budget 2025 eyes long-term fiscal stability. Read more »
The rupee free fall

State economies on course to achieve fiscal targets

India’s state economies are performing a fine balancing act as they strive to achieve conflicting targets of inclusive growth and fiscal prudence. Read more »
global economy facing recession

Beyond borrowing: The ripple effects of fiscal deficit on inflation

Fiscal deficits trigger complex macroeconomic forces that contribute to inflationary pressure, impacting public debt, household well-being, and income distribution. #fiscaldeficit #inflation #interestrate Read more »
RBI raises repo rate by 25 basis points

India stares at fiscal strain despite robust tax collections

Various new schemes announced by the government will cause enormous fiscal strain despite record GST and direct tax collections this year. Read more »
Repo rate

Indian economy: GST collections bring cheer, but concerns over recovery linger

The growth in GST collections points to a recovery, but questions remain over the trajectory of Indian economy in the coming fiscal. Read more »
Tamil Nadu economy and covid-19

Covid-19 impact: Tamil Nadu economy in a spot of bother

Tamil Nadu economy is in a precarious position – just one wrong step by the new government can send the state finances flying off the cliff. Read more »
Budget 2021 by nirmala sitharaman

Budget 2021: A bagful of surprises from finance minister

In Budget 2021, the finance minister seems to have utilised the pandemic-led fiscal slippage to clean up the government’s books at a modest marginal cost. Read more »