India's Public Finance and Policy Challenges in the 2020s

Edited by K. R. Shanmugam

ISBN13: 9789819628599

Imprint: Springer Nature Switzerland AG

Publisher: Springer Nature Switzerland AG

Format: Hardback

Published: 13/09/2025

Availability: Not yet available

Description
This book extensively examines various contemporary public finance themes of India, namely fiscal policy and macro economy, public expenditure policy, tax policy, fiscal transfers policy, public debt policy and fiscal imbalance, and environment and climate finance policies. It has three to five chapters devoted to each of these broad themes, with the contributors being eminent economists from the region. While the topics are specific to Indian public finance, they are relevant to global audience to understand about Indian public finance themes and make a comparison with public finance in other countries. The findings and suggestions given in each chapter are based on the latest data, using current methodologies, and are relevant to the times. The book serves as an excellent reference for students in economics, public finance, political science and management, and a valuable tool for professionals such as policymakers, fiscal analysts, and other stakeholders in the areas of global economics and public and finance, in general, and India in particular.
Introducing the Volume on India’s Contemporary Public Finance Themes.- Part I: Fiscal Policy and Macro-economy: Can We Become a Viksit Bharat Or Will Be Caught In The Middle Income Trap?.- Regime Switching Approach to Growth Cycles and Fiscal Policy.- Are Fiscal Transfers Pushing the FRBM Targets Beyond Centre’s Reach?.- Sustainability and Growth Implications of Subnational Fiscal Choices in India: A Case of Kerala.- Part II: Public Expenditure Policy.- Prioritization and Rationalization of Government Schemes: A Case Study.- Efficiency Decomposition of Public Expenditure – Evidence from Indian States.- Examining the Interplay of Prioritisation of Public Expenditure on Health and Education and Absorption Capacity of the States.- Part III: Tax Policy.- Estimating State Level Tax Effort in India: A Panel Data Model.- How did Transition to GST Regime Affect Inflation in India?.- Has GST Contributed to Price Convergence Among Indian States?.- Corporate Tax and Carbon Emissions in Indian Manufacturing Sector.- Part IV: Fiscal Transfers Policy.- Fiscal Transfers, Regional Development and Inequality.- Evolution of Inter-se Share of States in Tax Devolution: Who Lost, Who Gained, and Why?.- Designing Health Equalization Transfers to Indian States.- Unravelling Intergovernmental Transfer’s Dual Impact on Growth and Social Sector Development in the Context of North-East India.- Part V. Public Debt Policy.- Impact of Public Debt on Economic Growth in BRICS Economies.- Role of Macroeconomic Channels in the Debt - Growth Nexus: Evidence of Nonlinearity.- Measuring Horizontal Fiscal Imbalance Amongst Indian States: A Club Convergence Approach.- PART VI: Environment and Climate Finance Policy.- The Path to Net Zero: Challenges and Opportunities.- Financing Climate Change Adaptation: A Critical Review.- Tamil Nadu's Sustainable Triumph: Examining the economic and financial impacts of Single Use Plastics Ban and the promotion of eco-alternative products in Tamil Nadu.- Climate Finance for Adaptation and Sustainable Development in India.- Climate Change and Fiscal policy for the Green Economy in India.
  • Macroeconomics
  • Public finance
  • Professional & Vocational
Height:
Width:
Spine:
Weight:0.00
List Price: £159.99