Synopsis: States have no option but to be fiscally aatmanirbhar. Contents1 Introduction2 How has Fiscal federalism changed over time?3 What is the issue between Centre and States?4 What should be the way forward for the states? Introduction Recently, TN released a white paper that talked about the state fiscal condition is not good and the… Continue reading Grow up, states: CMs should know central resource transfer won’t go up. They must fix their own finances
Tag: Central transfers
Fiscal action by the Centre must take over from monetary policy
Source: Livemint Relevance: Importance of fiscal policy measures to promote economic growth Synopsis: Monetary policy has done its part, both through rate cuts and other forms of support, to get our economy going. Now, it’s the turn of India’s fiscal authority to step up efforts to promote growth. Contents1 What is fiscal policy?2 Required fiscal… Continue reading Fiscal action by the Centre must take over from monetary policy
