The paper by Pattnaik, Prakash and Swarup Misra evaluates the sustainability of fiscal policy in India. It reviews the literature on fiscal sustainability highlighting the specific Indian contributions. It evaluates the Indian experience with fiscal rules in the context of the international...

This book extensively examines various contemporary macroeconomic themes of India, namely growth and macro policies, tax reforms, government finances and intergovernmental fiscal transfers, banking and monetary policy, and environment and social sector policies. It has three to six chapters...