Policies are Meant for Growth not for Impairment
What is the FRBM Act? – An Overview Welcome Back to Basics In India, whenever one reads or talks about fiscal balance or fiscal deficit, then one hears about the FRBM Act. In this article, we will look at what is the FRBM Act, its Objectives, the Mandate of the FRBM framework, and the Fiscal Consolidation Path. …
Union Budget 2025-26 – Key things to Look Out for The India’s finance minister will deliver the Union Budget 2025-26 on Saturday (i.e. 1st February 2025). The Finance Minister Smt. Nirmala Sitharaman will deliver the Union Budget for the eighth time in a row in Parliament. She is also the first Finance Minister to deliver …
NITI Aayog launches the “Fiscal Health Index 2025” – An Overview The first issue of NITI Aayog’s report titled “Fiscal Health Index (FHI) 2025” was launched on January 24, 2025. The report provides a thorough evaluation of the fiscal health of 18 major states. The assessment is based on five key sub-indices. The report also …
General Government Debt – A Brief Analysis According to economics literature, Debt and Monetary financing are the sources of financing fiscal deficit. Debt consists of domestic and external borrowing. For any Economy Public Debt is one of the major factors (or say indicator) which shows the health of the economy. Many economies around the world …
Russian Economy’s Bleak OuTlook – Fiscal deficit Widens It’s been a year now since Russian-Ukraine War. The Economic outlook of Russia looks bleak. Falling Oil and Gas production in 2023 along with sanctions are hurting Russia’s economy. The International Energy Agency estimates that Oil production will fall to 1.6 million barrels per day (bpd) in …
India’s Union Budget – 2023-2024 – An Analysis Table of Contents Introduction India’s Union Budget 2023-24 was presented by the Finance Minister Nirmala Sitharaman on 1st February, 2023. This article will analyse some of the main aspects of the Budget. For Flipbook View (click here: Union Budget) Before delving into the analysis it is important to …
Are Subsidies Bad? Welcome Back to Basics. We all come across the term subsidies more often. But, what it is? What is its main objective? Are there any economic effects due to subsidy and is it good or bad? We will find out here. 1. What is a Subsidy? What are the main Objectives of Subsidies? Answer: …
