Trade-off between fiscal consolidation and high employment-intensive growth
By: Mundle, Sudipto and Sahu, Ajaya
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Material type: 
BookPublisher: Economic & Political Weekly Description: 60(16), Apr 19, 2025: p.19-24.
In:
Economic & Political WeeklySummary: A large reduction in government capital expenditure growth in 2024–25 and 2025–26 to meet fiscal deficit targets primarily accounts for the recent decline in growth, since capex growth is a key driver of GDP growth. The greater flexibility of the new debt-to-GDP related fiscal consolidation framework should be exploited to restore high government capex and GDP growth. Fiscal incentives to accelerate the growth of large, employment-intensive sectors like construction are also necessary for more employment-intensive growth.- Reproduced
https://www.epw.in/journal/2025/16/budget-2025-26/trade-between-fiscal-consolidation-and-high.html
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
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Indian Institute of Public Administration | 60(16), Apr 19, 2025: p.19-24 | Available | AR135963 |
A large reduction in government capital expenditure growth in 2024–25 and 2025–26 to meet fiscal deficit targets primarily accounts for the recent decline in growth, since capex growth is a key driver of GDP growth. The greater flexibility of the new debt-to-GDP related fiscal consolidation framework should be exploited to restore high government capex and GDP growth. Fiscal incentives to accelerate the growth of large, employment-intensive sectors like construction are also necessary for more employment-intensive growth.- Reproduced
https://www.epw.in/journal/2025/16/budget-2025-26/trade-between-fiscal-consolidation-and-high.html
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