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fiscal policy

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Finance Minister Nirmala Sitharaman arrives at the finance ministry before she leaves to present the federal budget in the parliament in New Delhi, India, February 1, 2021. (REUTERS)

Fiscal policy won’t be tied to debt-GDP ratio for now

By Asit Ranjan Mishra
PUBLISHED ON FEB 05, 2021 12:49 AM IST
The 15th Finance Commission (FFC), which was chaired by N.K. Singh, has recommended bringing the public debt to GDP ratio down from 89.8% of GDP in FY21 to 85.7% of GDP in FY26.
A tight monetary (higher interest rates) and fiscal (not cutting petroleum taxes) policy will probably help the rupee and keep the fiscal deficit under control.(REUTERS)
A tight monetary (higher interest rates) and fiscal (not cutting petroleum taxes) policy will probably help the rupee and keep the fiscal deficit under control.(REUTERS)

RBI survey shows a tight monetary-fiscal policy might boost anti-incumbency

Hindustan Times, New Delhi | By Roshan Kishore
UPDATED ON OCT 13, 2018 07:30 AM IST
In a highly unequal and largely informal economy such as India’s, economic policy-making is mostly about balancing voter and market sentiment.
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