![Budget 2025 presented on February 1, 2024.](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2024/02/budget20.jpg?resize=300%2C200&ssl=1)
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](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2022/08/rupee-100.jpg?resize=300%2C200&ssl=1)
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](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2021/02/budget-sensex-bull-run.jpg?resize=300%2C200&ssl=1)
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](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2021/04/India-RBI-policy.jpg?resize=300%2C200&ssl=1)
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](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2021/11/gst10.jpg?resize=300%2C200&ssl=1)
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](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2021/04/Tamil-Nadu-Secretariat.jpg?resize=300%2C200&ssl=1)
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](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2021/02/budget-2021-nirmala.jpg?resize=300%2C200&ssl=1)
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 »
![e-procurement of government purchases](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2021/01/nirmala-budget-2021.jpg?resize=300%2C200&ssl=1)
As the government was forced to raise debt to meet the health crisis and the economic slowdown, Budget 2021 should focus on a phased reduction of public debt. Read more »
![Budget 2021 to be presented by Nirmala Sitharaman](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2021/01/budget-2021-tight-rope-.jpg?resize=300%2C200&ssl=1)
Budget 2021 will be a tough balancing act for the government as it strives to meet conflicting ends of fiscal discipline and stimulus for economic revival. Read more »
![Budget 2021 by finance minister Nirmala Sitharaman](https://i0.wp.com/www.policycircle.org/wp-content/uploads/2020/03/fm-nirmala-sitharaman1.jpg?resize=300%2C200&ssl=1)
The finance minister may be tempted to introduce a coronavirus cess in Budget 2021, but it will do more harm than good at present. Read more »