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More »What central banks need to consider when making monetary policy in times of war and crisis
11/05/2023
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 …
Where does the Budget stand? Will paring food, fertilizer and petroleum subsidies help? Why are fiscal policy measures crucial to tackle inflation?
The story so far: In the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman chose the path of relative fiscal prudence and …
Will FM's Budget 2023 enable 'Nari Shakti'?
10/03/2023
(Co-authored with Balamuraly B.)
The FM has rolled out a slew of gender-friendly announcements, but a conscious increase in the public expenditure on soft sectors like health, education and gender will give social infrastructure investment a boost.
In Union Budget 2023, gender …
(Co-authored with Divy Rangan and Balamuraly B.)
Despite the global economic headwinds and geopolitical uncertainties, the fiscal arithmetic looks conservative.
The predominant focus of the Union Budget 2023 was to adhere to the path of fiscal consolidation. Despite the global economic headwinds …
Given constraints in the fiscal space, resorting to revenue mobilisation is vital.
Kerala’s Budget 2023 presented by Finance Minister K.N. Balagopal on February 3, 2023 focused on revenue mobilisation. The narrative of the Kerala State finances has taken a relative transit from focusing on debt …