Page 3 - Latest Updates on Fiscal Policy
Accounting gains
RBI's higher surplus transfer has limits
 "Accounting gains")
Limitations of India's Covid response
Economic recovery will remain feeble till the pandemic is convincingly controlled
Fiscal vs monetary policy, under uncertainty
Heightened uncertainty from a second wave is likely to increase the relative efficacy of fiscal vis-a-vis monetary policy
 "Fiscal vs monetary policy, under uncertainty")
Inflation debate hits emerging markets as Pimco backs economic rebound
Heavyweights including Brazil, China and India will report inflation data this week against a backdrop of quickening growth that's being fueled by months of easy money and fiscal largess
 "Inflation debate hits emerging markets as Pimco backs economic rebound")
Fiscal friction
Central govt should not leave everything to states
 "Fiscal friction")
15th Finance Commission chairman N K Singh rues lack of fiscal institutions
Says states don't have fiscal flexibility for exigencies as Centre has
 "15th Finance Commission chairman N K Singh rues lack of fiscal institutions")
Fiscal steps taken by govt led to positive growth in Q3: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Monday said the fiscal measures taken by the government have resulted in positive growth of 0.4 per cent in the third quarter of the current financial year.
 "Fiscal steps taken by govt led to positive growth in Q3: Nirmala Sitharaman")
Fiscal doves in India: right and wrong
The idea that fiscal prudence and welfare of the less well-off are mutually exclusive is misplaced
Budget 2021: It's business as usual
There are several welcome standalone reforms but these do not add up to a coherent strategy to achieve a $5 trillion economy
Budget showcases govt's strong strategic push for growth-oriented road map
The sharp and targeted focus on infrastructure, capex, health, education, financial sector reforms and fiscal credibility have been the key takeaways from this Budget
Budget does not address inequities, bold for its fiscal stance: Economists
Economists called the budget 'bold'
 "Budget does not address inequities, bold for its fiscal stance: Economists")
Budget 2021: Govt's bank privatisation plan, bond market reaction, and more
In this podcast, we discussed the key announcements made by the finance minister about bank privatisation, asset reconstruction company and how bond market seeing the budget, why yields are rising
 "Budget 2021: Govt's bank privatisation plan, bond market reaction, and more")
Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P
Budget 2021 LIVE: Finance minister Nirmala Sitharaman in her Union Budget 2021 speech announced a slew of taxation reforms but left personal income tax slab unchanged. Track Budget 2021 highlights
 "Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P")
Fiscal activism
Govt should tread carefully on this path
 "Fiscal activism")
A call to print more money: Economic Survey sees a 'V-shaped recovery'
Forget fiscal conservatism, turn on the fiscal taps, and ignore debt build-up, says Survey
 "A call to print more money: Economic Survey sees a 'V-shaped recovery'")
Best of BS Opinion: Feasible fiscal path, inadequate cover, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Feasible fiscal path, inadequate cover, and more")
Feasible fiscal path
Quality of expenditure shouldn't be compromised
 "Feasible fiscal path")
States urge FM Nirmala Sitharaman to raise fiscal limit in Budget
Another state finance minister said it was made clear that the Union Budget must announce something major with regards to state finances.
 "States urge FM Nirmala Sitharaman to raise fiscal limit in Budget")
Political economy of fiscal responsibility
The economy requires a fiscal battle plan and this, in turn, requires a fiscal responsibility framework
Gold eases as dollar gains on 'knife-edge' Georgia runoffs outcomes
Gold edged lower as the dollar firmed with investors tracking two closely contested US Senate runoff races in Georgia that will likely determine President-elect Biden administration's fiscal policy
 "Gold eases as dollar gains on 'knife-edge' Georgia runoffs outcomes")
