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Op-ed April 19, 2023

Opinion | Tax trends suggest India may be close to a fiscal inflection point

Tax collections have outpaced growth in India’s underlying economy for two years in a row now. This can have profound implications for the fiscal foundation of the Indian state in case the trend can be sustained over the rest of this decade.

Op-ed March 30, 2023

Opinion | Asymmetries in Urban Politics

Considering that Mumbai and Bangalore are among Asia’s richest municipalities and have annual budgets larger than those of several Indian states, the situation raises important questions about electoral politics and local governments.

Paper March 15, 2023

Parallel Streams: Political Federalism and Economic Integration in India

As a conceptual and theoretical framework, economic integration has a long history of discord and disagreement—much of it still unsettled….

Op-ed January 25, 2023

Opinion | The budget must balance growth and public debt

Two themes provide the backdrop of fiscal policy since July 2019.

Paper July 30, 2020

Grants from Centre and States’ Fiscal Marksmanship

In this paper, we undertake a study of 28 states to establish the issues with their revenue budgets’ fiscal marksmanship.

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