000 01076nam a22001457a 4500
999 _c520473
_d520473
008 220916b ||||| |||| 00| 0 eng d
100 _aChakraborty, Lekha
_934101
245 _aFiscal–monetary interface and green bonds
260 _aEconomic and Political Weekly
300 _a57(13), 26- Mar, 2022: p.47-51
520 _aIf the Reserve Bank of India hikes the policy rates against the backdrop of the mounting geopolitical risks and infl ationary pressures, the growth recovery process may slow down. At the same time, keeping the status quo on policy rates for a prolonged period could catalyse the de-anchoring of infl ationary expectations. The Union Budget 2022–23 has accommodated high fi scal defi cits and has emphasised on “crowding-in” effects of public infrastructure investment. The intensity of global macroeconomic uncertainties on economic recovery in India can be lessened through sustainable fi scal and monetary policy coordination. – Reproduced
773 _aEconomic and Political Weekly
906 _aECONOMIC DEVELOPMENT
942 _cAR