Kumar, Rajiv; Soumya, Alamuru - East Asian Bureau of Economic Research (EABER) - 2010
The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian … transmitted to the Indian economy through three distinct channels, namely : the financial sector, exports, and exchange rates. The … consumption demand. The Indian government, to boost the demand, has announced several stimulus packages. However, there is not …