-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
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Who will pay for sops? -Arun Kumar
-The Indian Express Government’s claim that structural changes to the economy are paying off, and that is being used to give back to the people, is problematic. The Interim Union Budget 2019 is no less than a full budget with changes in taxation and announcement of lucrative schemes for various sections of the population. The recent losses in three major assembly elections rang alarm bells for the ruling dispensation. With the...
More »The budget has exposed the NDA government's nervousness -Yamini Aiyar
-Hindustan Times Fiscal prudence has been compromised in favour of pleasing every conceivable vote bank the NDA can appeal to What a difference five years make. In July 2014, when the National Democratic Alliance (NDA) unveiled its first full budget, finance minister Arun Jaitley made clear that the NDA was against “mindless populism”. “India,” he said in a media interaction, “has to make a choice between mindless populism and fiscal prudence…. the...
More »The mistaken obsession with the fiscal deficit -CP Chandrasekhar and Jayati Ghosh
-Networkideas.org It’s that time of year again – the time when all eyes turn to those magic numbers, the actual and proposed fiscal deficits of the central government as shares of GDP. Breathless news anchors will interrogate financial investors on what the numbers mean, and why 3.5 per cent or 3.7 per cent is fatally worse than, say, 3.4 per cent or 3.2 per cent or less. Everyone will breathe a...
More »Think differently about healthcare -Ravikumar Chockalingam
-The Hindu India’s public health system can no longer function within the shadows of its health services system In India, public health and health services have been synonymous. This integration has dwarfed the growth of a comprehensive public health system, which is critical to overcome some of the systemic challenges in healthcare. A stark increase in population growth, along with rising life expectancy, provides the burden of chronic diseases. Tackling this requires an...
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