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State finances in the context of the emerging federalism in India: analysis of past experience in fiscal discipline and consolidation
(Emerging Economy Studies, 2015)
Implications of increased central transfers of resources to states would make state budgets more
important in determining fiscal prudence of the Indian economy that has a multiparty federal democracy. The article examines ...
Measurement issues in state income from registered manufacturing sector – case of Gujarat
(Economic & Political Weekly, 2015-04-25)
This article discusses some important issues involved in the estimation of state income originating in the registered manufacturing sector with illustrations drawn from Gujarat. It critically discusses the present practices ...
Double deflation method and growth of manufacturing: a comment
(Economic & Political Weekly, 2015-10-10)
This comment points out an erroneous assumption in the calculations and central argument of Rajakumar and Shetty ("Gross Value Added: Why Not the Double Deflation Method for Estimation?," EPW, 15 August 2015) that reverses ...
Union budget: processes and procedures
(Yojana, 2015)
(An) important reform required is the establishment of a high powered committee consisting of economists and macroeconomic managers to be in charge of preparing fiscal policy for the country similar to the proposed Monetary ...