Tag Search: “fiscal policy”

India’s foreign reserves and global risk

India’s foreign exchange reserves, relative to GDP, have been on the rise. This article examines the motives behind the hoarding of reserves by central banks, and if adequate reserves are held for pur...

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Eco-budget in Karnataka: Opportunities and challenges

In its 2022-23 budget, the government of Karnataka announced an allocation of Rs. 100 crore to compensate for the negative impact of natural events and human activities on forests. In this post, M Bal...

  • Perspectives

Policy Roundup: Voting, wealth redistribution, state of health

This post presents our monthly curation of recent developments in the Indian policy landscape – highlighting I4I content pertaining to issues ranging from electronic voting machines, vote-buying, and ...

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Going green while being in the red

In the third post of a three-part blog series, I4I Editor-in-Chief Parikshit Ghosh advocates for a holistic approach that harmonises India’s environmental policy, social safety nets, and macroeconomic...

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Budget 2024-25: A countercyclical approach to fiscal policy

Keynes propounded that fiscal policy should be countercyclical in nature – expansionary during recession and contractionary during periods of boom. In this post, Aakanksha Shrawan analyses India’s Int...

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Growth, well-being and distribution in India in the last decade – I

As India gets ready to vote in the general election, Balakrishnan and Parameswaran present a comprehensive, evidence-based review of the performance of the Indian economy over the past decade. In the ...

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How R&D tax credits can drive price competition in Indian industries

In the last few decades, tax credits have been introduced in many developing countries to incentivise investment in research and development (R&D). Looking at the staggered introduction of R&D tax cre...

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Second Ashok Kotwal Memorial Lecture: Inequality, Labour and Social Democracy

The Ashok Kotwal Memorial Lecture was instituted in 2022, in memory of our founding Editor-in-Chief, as an annual lecture on key issues of development. For its second edition, I4I hosted Professor Pra...

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Who holds sovereign debt and why it matters

Knowing who invests in sovereign debt and how they impact borrowing costs could help governments understand how costly it would be to raise new debt. This article constructs and analyses data on the c...

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India’s debt dilemma

In the fifth article in the Ideas@IPF2023 series, Eichengreen, Gupta and Ahmed reveal how high levels of debt in India limit the resources available for other priorities. At the same time, they predic...

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Is electrification in India fiscally sustainable?

In the first article in the Ideas@IPF2023 series, Barnwal and Ryan describe the completion of household electrification in India as a fiscal feat, notwithstanding the persistent losses recorded by ele...

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Budget 2023-24: Fiscally conservative but lacking economic strategy

The Indian economy’s recovery from the Covid-19 pandemic has not been all good news: employment creation has stagnated, and government capex allocation has not been successful in generating private se...

  • Perspectives