India's Fiscal Policy: Prescriptions, Pragmatics And Practice

Cambridge University Press
Edition: Illustrated, 2/7/2017
EAN 9781107152632, ISBN10: 1107152631

Hardcover, 250 pages, 23.9 x 16.6 x 2.2 cm
Language: English

This book seeks to balance normative prescriptions on fiscal policy with its practical aspects in the context of the Indian scenario. In doing so, it brings together views of leading experts from academic and policy spheres. It highlights the specificities of Indian fiscal policy and studies current issues like the impact of development expenditures, the Goods and Services Tax (GST), the challenge of reducing subsidies and different aspects of political economy. India's Fiscal Policy discusses rapid developments in the field following the fiscal stimulus of 2008, subsequent attempts at fiscal consolidation and the formation of the NDA government. It focuses on policy and political considerations and adopts a wider approach for the analysis of fiscal policy by taking into consideration aspects such as the effectiveness and targeting of social expenditures, which are essential for a critical analysis of the Indian policy matrix.

Foreword Kaushik Basu
Acknowledgements
Disclaimer
Introduction
contours of the Indian fiscal policy debate
1. Fiscal Policy in India
trends and trajectory Supriyo De
2. Decentralization, indirect tax reform and fiscal federalism in India Raghbendra Jha
3. Fiscal implications of energy subsidies S. Narayan
4. Fiscal implications of food security in India
a critical review N. R. Bhanumurthy and Ruth Kattumuri
5. Land and food acts
trading economic pragmatism for political gain Amitendu Palit
6. A separate debt management office in India Charan Singh
7. Show me the cash
direct benefits transfer in India Rajesh Chakrabarti
8. India's education challenges
expenditure effectiveness issues Anu Rammohan and Itismita Mohanty
List of contributors
Index.