(Co-authored with Amandeep Kaur and Divy Rangan)

 

Climate change commitments require long term fiscal policy instruments, such as climate responsive budgeting and ecological fiscal transfers . In India we have Climate Action Plans at national and subnational government levels. However, a roadmap towards comprehensive climate responsive …

The macroeconomic uncertainty in times of COVID-19 pandemic is hard to measure. Economists and policymakers use the variable “output gap” to capture the “slack”. It is a deviation between potential output and actual output, which is a standard representation of a “cycle”. …

The Finance Minister Smt Nirmala Sitharaman had said that the demand for consumer goods has increased considerably during the festival months. October-to-March is the festival season in India. Based on the “Nikkei Manufacturing Purchasing Manager's Index (PMI)”, the Finance Minister said that the “economic activity had picked up in …

(Co-authored with Veena Nayyar and Komal Jain)

 

Gender budgeting is an approach that uses fiscal policy to promote gender equality by trying to translate gender commitments into fiscal commitments through processes, resources and institutional mechanisms. In a multi-level governance structure, the political economy of gender …