Chakraborty, Pinaki and Nagpal, Resham
Budget numbers: The economic fallout of war and macroeconomic stability - Economic & Political Weekly - 61(14), Apr 4, 2026: p.72-75
The economic fallout of war in Iran on the Indian economy can derail fiscal consolidation, increase debt, and reduce fiscal space for discretionary development spending. As we move to the new fiscal year, ensuring fiscal sustainability and the stability of inflation will emerge as key challenges in macroeconomic management. Given the economic uncertainty the war has imposed, the 2026–27 budget numbers are, at best, indicative. –Reproduced
https://www.epw.in/journal/2026/14/budget-2026-27/budget-numbers.html
Budget numbers: The economic fallout of war and macroeconomic stability - Economic & Political Weekly - 61(14), Apr 4, 2026: p.72-75
The economic fallout of war in Iran on the Indian economy can derail fiscal consolidation, increase debt, and reduce fiscal space for discretionary development spending. As we move to the new fiscal year, ensuring fiscal sustainability and the stability of inflation will emerge as key challenges in macroeconomic management. Given the economic uncertainty the war has imposed, the 2026–27 budget numbers are, at best, indicative. –Reproduced
https://www.epw.in/journal/2026/14/budget-2026-27/budget-numbers.html