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Fiscal situation of India in the time of Covid-19

By: Balajee, A., Tomar, S. and Udupa, G.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 57(26&27), Jun, 25, Jul, 2, 2022: p.62-68. In: Economic & Political WeeklySummary: India announced a fiscal package worth `1.7 trillion to fight the COVID-19 pandemic, but there were arguments for more spending. Using data from a cross-section of countries, this paper estimates the relationship between fiscal spending and the spread of COVID-19, economic stringency, and macroeconomic factors. It argues that subsidy rationalisation is the way to fund the increased expenditure on health and direct transfers while maintaining fiscal discipline. – Reproduced
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Articles Articles Indian Institute of Public Administration
57(26&27), Jun, 25, Jul, 2, 2022: p.62-68 Available AR127498

India announced a fiscal package worth `1.7 trillion to fight the COVID-19 pandemic, but there were arguments for more spending. Using data from a cross-section of countries, this paper estimates the relationship between fiscal spending and the spread of COVID-19, economic stringency, and macroeconomic factors. It argues that subsidy rationalisation is the way to fund the increased expenditure on health and direct transfers while maintaining fiscal discipline. – Reproduced

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