Showing 1 - 10 of 21
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
The bulletin shows what are the process in presenting budget and the terms used in the budget.
Persistent link: https://www.econbiz.de/10010945298
Speech of Pranab Mukherjee Minister of Finance, India. [Budget Speech]. URL:[http://indiabudget.nic.in/ub2012-13/bs/bs.pdf].
Persistent link: https://www.econbiz.de/10010534931
This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation of fiscal deficit in 1997 and prohibiting RBI from buying government securities in the primary...
Persistent link: https://www.econbiz.de/10009320271
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
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
It is clear from the implications of growth theory that the impact of aid depends on how it affects savings, investment and government behaviour. In respect of low-income countries, which are the principal aid recipients and the economies for which the issue of the impact of aid on growth is...
Persistent link: https://www.econbiz.de/10008725992
In this paper a fiscal consolidation program for India has been presented based on a policy simulation model that enables us to examine the macroeconomic implications of alternative fiscal strategies, given certain assumptions about other macro policy choices and relevant exogenous factors. The...
Persistent link: https://www.econbiz.de/10008492222
This paper investigates the relative importance of monetary and fiscal policies in altering real output of Bangladesh. An unrestricted vector auto regression (VAR) framework based on the St. Louis equations, is used to compute variance decompositions (VDCs)and impulse response function (IRF)...
Persistent link: https://www.econbiz.de/10004979260
A practitioner’s perspective of fiscal policy, and economic reforms.
Persistent link: https://www.econbiz.de/10005170168