Category Insights

Insights, a blog published by IMPRI.

Fiscal Deficit as a Shape-Shifter in India

The fiscal deficit created now translates into a higher debt burden that future generations have to service. Is that fair? It is more than fair. In the misty mornings of peak winter, a flock of sharp-beaked, joyless birds takes flight in the capital – Fiscal Deficit Hawks, who swoop down on North Block, where harried finance ministry officials race against time to prepare the Union government’s annual budget, to screech sharp orders to slash the fiscal deficit.

New Age of Sino-Arab Relations

The Chinese approach gels rather well with the Arab World’s ‘Act East Policy’.
The COVID-19 pandemic has been a major challenge for China, with unprecedented lockdowns and occasional horror stories of the origins and spread of COVID-19 and how it has been dealt with, leading to nationwide protests which have been partially successful in achieving the winding down of excessive COVID-19 restrictions. President Xi Jinping, emboldened after being crowned the third time by the 20th National Congress of the Chinese Communist Party (CPC), did have the taste of people’s ire and his limitations as the Chinese economy was also being hurt and a downward trend was being noticed.

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