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IMPRI's 3rd Annual Series of Thematic Deliberations and Analysis of Union Budget
IMPRI's 3rd Annual Series of Thematic Deliberations and Analysis of Union Budget
FEMINISM: Fundamentals, Facets & Future
FEMINISM: Fundamentals, Facets & Future
Fundamentals of PUBLIC POLICY
Fundamentals of PUBLIC POLICY
India’s G20 Presidency and Contours of Indian Foreign Policy
India’s G20 Presidency and Contours of Indian Foreign Policy
Impact and Policy Research Review (IPRR)
Impact and Policy Research Review (IPRR)

About IPRR Impact and Policy Research Review (IPRR) (e-ISSN: 2563-3464) is a biannual research journal managed and published by IMPRI Impact and Policy Research Institute,...

REPORT: An Evaluation of the National Programme for Control of Blindness and Visual Impairment, COVID-19 Disruptions and the Way Ahead for Universal Eye Health
REPORT: An Evaluation of the National Programme for Control of Blindness and Visual Impairment, COVID-19 Disruptions and the Way Ahead for Universal Eye Health

Arjun Kumar, Anshula Mehta, Simi Mehta and Kuldeep Singh Abstract Vision loss and impairment impacts more than how people see – their capability, employability, income,...

Cities in Transition
Cities in Transition

ISBN: 978-81-951187-5-5Publishing Year: 2021 Published by: IMPRI Impact and Policy Research Institute Subject: Urban PlanningAvailable as: E-Book Cities in Transition is a compilation of constructive...

Combating Air Pollution in National Capital Region
Combating Air Pollution in National Capital Region

The State of Cities – #CityConversations Panel Discussion on Combating Air Pollution in National Capital Region National Institute of Disaster Management (NIDM), Ministry of Home Affairs,...

COP-27 Outcome: Ascertaining Loss and Damages
COP-27 Outcome: Ascertaining Loss and Damages

The Sharm El-Sheikh climate conference has contributed little to arresting climate change; and its vaunted achievement, the loss and damage fund, is of suspect utility

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Budget 2023- 24: Pro-Growth and CAPEX Conundrum

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Finance Minister Nirmala Sitharaman has come up with a Budget that did not deserve a thumbs down from the Nifty, which ended the day’s trading 0.26% lower. This was more on account of the troubles of the Adani Group and, by association, of public sector banks with exposure to the group.

The big boost to capital expenditure — including grants in aid of capex; the increase in capex is Rs 3.2 lakh crore, to Rs 13.7 lakh crore — is welcome and suggests that the Budget is pro-growth. That pro-growth glow loses some sheen when we take into account the total size of the Budget. It has come down from 16% of GDP in 2021-22 to 15.3% in 2022-23 and is slated to fall further to 14.9% next fiscal year. This reflects the longstanding inability of the system to significantly increase the share of taxes in GDP — the only way to raise total expenditure is to borrow, which means that fiscal correction also brings down the size of total spending.

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The Geopolitical Entangle at Davos

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The World Economic Forum (WEF) 2023 at Davos that got over recently was conspicuous in underlining the influence of geopolitics on contemporary global economic trends. Though this high-profile annual gathering in a Swiss resort is ostensibly aimed at reiterating the conventional economic wisdom on the need to further the agenda of economic globalization, there has been a distinct shift in the global mood over the last few years and there is no likelihood that things are going to return to “end of history” euphoria any time soon.

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India’s G20 Presidency: Tumultuous Present & Uncertain Future

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On December 1, 2022, India assumed the presidency of the G20 for a year. Preparations and blueprint for making it somewhat different than the previous ones were already afoot as India played a critical role at the Bali Summit in bridging the differences on the Russia-Ukraine issue and helping issuance of the Bali Declaration that was being dogged by the geo politics between Russia and the West.

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Sustainable Environment & the Budget: Need for Consonance

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The Union Budget 2023-24 is expected to be a barometer for the Central Government’s policy commitments toward the conservation of the environment and sustainable development. The public policy challenge for the government is how to strike a balance between economic growth and sustainable development, which are at variance due to the onslaught of climate change and its increasing economic costs. On the one hand, the government wants to achieve a $ 5 trillion economy by 2025 and $26 trillion by 2047; on the other, it has set a target of net-zero emissions by 2070. A balanced Budget that intertwines economic growth with inclusive and sustainable development for restoring the ecosystems is needed.

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