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Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is internationally accepted best practice that debt management should be disaggregated from monetary...
Persistent link: https://www.econbiz.de/10004969057
The FRBM Act was reflective of the shared commitment across political parties towards fiscal conservatism. A decade later, the picture, as reflected in the Union Budget, is yet to change for the better. And given the interests that the current Government represents, a real departure from the...
Persistent link: https://www.econbiz.de/10010945244
An attempt is made to identify the determinants of yield spreads between the State and Central government securities in a panel data framework as has been used in several cross-country studies. This study examines the potential impact of fiscal as well as market related factors on the yield...
Persistent link: https://www.econbiz.de/10009323729
The information included in this publication covers the public debt management strategies adopted in 2009, the movements in debt stock during the year and the related costs and risks and the primary and secondary market operations of government securities including the performance of primary...
Persistent link: https://www.econbiz.de/10008673457
Public Finance
Persistent link: https://www.econbiz.de/10005699320
The strategy and structure of public debt management in India is shown here. [ Keynote address delivered at 9th Annual International Conference on “Public Policy & Management: Debt Management†at Indian Institute of Management, Bangalore].
Persistent link: https://www.econbiz.de/10010945447
The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management operations entailing functional separation between debt management and monetary operations within RBI. This first step initiating the...
Persistent link: https://www.econbiz.de/10005487587
The bulletin shows what are the process in presenting budget and the terms used in the budget.
Persistent link: https://www.econbiz.de/10010945298
The study examines the impact of aggregate government expenditure and its two broader components such as revenue … expenditure and capital expenditure on the growth rate of output in the Indian context along with other key potential determinants … expenditure is considered to be an important fiscal policy instrument. [WP No. 403]. …
Persistent link: https://www.econbiz.de/10005699133
This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a fiscal consolidation path. [Ministry of Finance WP]....
Persistent link: https://www.econbiz.de/10009493974