It has always been criticized that fiscal deficit will adversely impact the level of inflation. This critique has been proved and validated by many existing studies in the context of India. This paper strives to track the channels of transmission through which fiscal deficit has passed on and ...
Hence, there exists a puzzle about how fiscal deficit is affecting GDP in India. This paper tries to answer the puzzle by taking up a long-term time series analysis starting from 1980-81 to 2012-13. It also carries a detailed analysis by including the composition of fiscal deficit and its...
It also makes an attempt to suggest improvements in the fiscal monitoring mechanism in India. We employ Ordinary Least Square (OLS) method to examine the impact of Fiscal Responsibility and Budget Management Act on fiscal deficit in India using the data for the period 1980-81 to 2008-09. The...
While containing deficits and public debt at sustainable level is a matter of concern for all the states in India, their heterogeneity in terms of size, le... P Dutta - 《Romanian Journal of Fiscal Policy》 被引量: 4发表: 2014年 Fiscal deficit composition and economic growth relation in In...
India writes off US$100mn in debt to Sri Lanka In the last six months, we have converted a loan of 100 million dollars into to a grant April 5, 20251 min read Sri Lanka's 88-pct tax on US arrived at by dividing trade deficit?
India ups spending to spur growth The UAE may post a fiscal deficit this year following a slump in oil prices, Standard Chartered Bank has said. Oil prices may lead to deficit and paid only $16 billion in taxes, creating a net fiscal deficit of almost $10.4 billion, or $2,700 per ill...
Crisis Exacerbated Fiscal Deficits And Possible Impact On Fdi Flows: An Empirical Analysis Of Emerging Europe And IndiaFDIfiscal balance/deficitglobal crisisdynamic panel regressionSeveral developing economies impacted by the recent global financial crisis, are experiencing large increases in fiscal deficits ...
Hoping for a pick up in economic headwind after a change of guard in the finance ministry, captains of Indian industry have said strong measures must be taken to counter the country's fiscal deficit. After meeting the Chairman of the Prime Minister's Economic Advisory Council, C Rangarajan her...
The fiscal rules have been legally mandated in India in the form of fiscal responsibility and budget management Act (FRBM Act) in 2003, with a criteria of fiscal-deficit to GDP threshold ratio of 3 per cent and gradual phasing out of revenue deficit. Using Theil's inequality coefficient (U...
gross domestic product growth rate of 8.9 percent in the third quarter (September to December) of fiscal 2010, and a surging inflation rate of 12.1 percent last year, India is considering rolling back the fiscal stimulus in order to reduce the government’s financial deficit and curb inflation....