The fiscal policy of the Union government is highly paradoxical in nature while realizing the growth targets. Deriving pieces of evidence from Budget-2022, which has overtly chosen the supply-side path and contradicted the fundamentals of ‘Keynesian economics’ (popularly known as demand-side economics) that showcases reluctance among the producers to produce in the absence of adequate demand.
India has been under immense diplomatic pressure over the war in Ukraine with coinciding visits by Daleep Singh (US Deputy National Security Advisor for International Economics), Liz Truss (UK Foreign Secretary) and Sergey Lavrov (Russian Foreign Minister).
By replacing the reverse repo rate with the Standing Deposit Facility rate, the RBI has managed to raise the base lending rate in the economy, while seeming to hold policy rates static
IMPRI Team Among the myriad of concerns that have come up during the tenuous times of the Covid 19 pandemic, clinical trials for the vaccines are one. To understand the aspect of the challenge associated with the trials, the IMPRI…
Dhiraj Nayyar A frequent criticism by economists of the Narendra Modi government relates to its policies on trade – that post-2014, India has made a protectionist turn after almost a quarter-century of consistent trade liberalization. GoI’s decision to stay out of the Regional Comprehensive…
Making investigative agencies accountable to a committee of the Legislature and a human rights watchdog, besides to the Executive, would offer better insulation against political interference than housing investigative agencies under a so-called autonomous body.