(Co-authored with Pulkit Kumar Sharma and R. Kavita Rao)

 

In the last few years the functioning of the economy in the physical space is increasingly being supplemented and complemented by a rising number of interactions facilitated in the virtual space through what could be conceived as …

Budget 2024: As Modi 3.0 gears up for presenting budget 2024, expectations are rife that the budget will be much more than fiscal numbers. In an exclusive conversation with Republic Business, Lekha S Chakraborty, professor of NIPFP and Visiting Scholar at Cambridge University, shares her expert insights on …

A fiscal rule is a constraint on fiscal policy through numerical limits on deficits. Indian fiscal rules as per FRBM envisions fiscal deficit to GDP at 3 per cent. However in the post pandemic fiscal strategy, the fiscal glide path is envisioned at 4.5 percent by 2025-26. 

 

The Special Category states receive special financial assistance and other benefits from the central government due to their unique developmental needs and challenges.

 

The clamour for the ‘Special Category Status’ for Bihar and Andhra Pradesh came back into the spotlight after the Janata Dal (United) …

Since the 14th Finance Commission recommended that no new state should be accorded the SCS, the central government has repeatedly denied their demands.

 

With a coalition government at the Centre, the call for special category status (SCS) for Andhra Pradesh and Bihar has only got louder. …