Nandu S

Nandu S

  • Articles: 0

Off-Budget Borrowing: What it is?

The relevance of understanding the fiscal position of India and its states is always complex as well as interestingly pertinent. Here we will have a closer look at the concept of Off-budget borrowing and its correlated effects on the public finance. The policy insight here mainly discusses about the key idea of extra budget borrowings which is not really discussed across the economic literature though there is a rising relevance in the Indian public finance. We also discuss why government go for the off-budget borrowings from a fundamental axis by looking at some of the examples and case studies in Indian economy with a specific example of the state of Kerala. It also sheds some light on questions like why extra borrowing could be a problem and, if it becomes a threat, what is the generic way out?

e-RUPI: The Way Forward!

e-RUPI is a digital payment solution that was launched in August 2021 by the Government of India and the digital rupee was tossed on December 1, 2022. As proposed ever since its inception, there were many discussions revolved around this fancy term. As there exist a large asymmetry on the realities of India’s digital currency, here we try to comprehend what it is and how to move forward. This policy update tries to bring on the discussion on the lights of major characteristics and attributes behind the payment mechanism, its benefits, and challenges ahead.

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