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Tuesday, March 26, 2024
TopicFiscal Policy

Topic: Fiscal Policy

‘One of the most fiscally unhealthy states’ — what Centre’s note to SC on Kerala’s finances says

In response to Kerala’s petition, Centre has said the state has performed worse than all-states average on all fiscal indicators, adding that its performance has worsened over time. 

Rupee inches up on last day of fiscal, runs into ‘usual’ importer orders

The rupee was quoting at 82.20 to the dollar at 11:32 a.m. IST compared with 82.3375 in the previous session. The local currency reached a high of 82.10.

SubscriberWrites: India’s fiscal management requires an overhaul. Civic consensus and public consciousness crucial

There should be an independent body that analyses each state and provide analysis of benefits of spending on different heads, writes Seth Ramachandiran.

India’s fiscal, monetary authorities to be watchful amid ‘global gloom’, finance ministry

Measures undertaken by the govt to reduce burden of soaring inflation on consumers,by increasing fertiliser subsidies & other welfare measures, could stress finances, reports stated.

Another Covid wave will leave world govts ‘much less space to spend’, says IMF’s Gita Gopinath

In a conversation with Shekhar Gupta at 'Off The Cuff', Gita Gopinath says India must maintain its momentum on spending to provide support to the economy.

Modi govt’s pandemic strategy focused on revival has worked. Economic indicators prove it

Modi government’s policy response to Covid — focusing on directed credit to the distressed — was prudent, even if unpopular.

Why Article 282 needs a rethink as Centre and states battle for money

The use of Article 282 to implement centrally sponsored schemes remains a source of tension. Public health can be a starting point to take a hard look at intergovernmental transfers.

A new, big shift is taking place in Economics under the shadow of Covid

Fiscal policy, which fell out of fashion as an engine of economic growth during the inflationary 1970s, has been front-and-center in the fight against Covid-19.

Indian economy could recover to 6.6% next fiscal, new UN report predicts

The recovery will come due to a combination of fiscal stimulus and financial sector reforms, says the UN report. South Asia’s growth is also expected to rebound.

Manmohan Singh says climate of fear & hopelessness created by Modi govt is stifling economy

In hard-hitting column in The Hindu, former PM Manmohan Singh says 'palpable climate of fear' is stifling economic growth & could end up causing stagflation.

On Camera

Mamata Shankar stuck in Dark Ages. Gen Z showing India there’s no one way to wear a saree

In an interview with Anandabazar Patrika Shankar waxed eloquent about her many objections to the pallu not covering the bosom area of Gen Z women. She called them ‘women of the street’.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

Taiwan reports Chinese military activity around the island

Taiwan has detected a total of 301 Chinese military aircraft and 165 Chinese naval vessels so far in 2024.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.