India has undertaken extensive reforms in its manufacturing sector in the last two decades. However, an acceleration of growth in manufacturing, and a concomitant increase in employment, has eluded India. What might be holding the sector back? Using Annual Survey of Industries data at the...

This paper brings together existing literature on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNRGEA) and the Public Distribution System (PDS) in India, offering a narrative review of the evidence on impacts on food security, health and nutrition of beneficiaries. Both programs...

Are political activists preferentially targeted by politicians engaging in clientelistic transfers to bolster political support? We provide the first model to highlight two possible rationales for such transfers: to mobilize support from the activists themselves, or to mobilize support from...

The policy evaluation is a crucial component in analyzing the efficacy of public spending in translating the money spent into desired outcomes. Using OECD evaluation criteria, we analyzed the child protection schemes of Odisha to understand whether legal commitments on child protection are...

Purpose This study aims to examine the impact of fiscal deficit, exchange rate and trade openness on current account deficit (CAD). The study tried to empirically investigate the 'twin deficits hypothesis' and 'compensation hypothesis' in the Indian context. Design/methodology/approach...

Using panel data models, we analyze the flypaper effects-whether intergovernmental fiscal transfers or states' own income determine expenditure commitments - on ecological fiscal spending in India. The econometric results show that the unconditional fiscal transfers, rather than the states' own...

India has undertaken extensive reforms in its manufacturing sector in the last two decades. However, an acceleration of growth in manufacturing, and a concomitant increase in employment, has eluded India. What might be holding the sector back? Using Annual Survey of Industries data at the...

We use firm-level data on formal and informal production in India to examine the sectoral consequences of government investment in public infrastructure. Our results indicate that the output elasticity of public capital, proximity to highway infrastructure, time since project completion, and...

Public expenditure plays a vital role in the growth and development of a nation, and public expenditure on education considered as a most contingent factor of growth in the economy. This paper aims to know the relationship between public expenditure on education and Gross State Domestic Product...

This article provides a razor-sharp analysis of the union budget 2020-21. Indeed, the union budget of India for the fiscal year 2020-21 is path-breaking in many ways. More than complicated fiscal issues, it focuses on promoting ease of living and social sector reforms without losing the sight on...