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_a Mundle, Sudipto and Sahu, Ajaya _953847 |
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| 245 | _aTrade-off between fiscal consolidation and high employment-intensive growth | ||
| 260 | _aEconomic & Political Weekly | ||
| 300 | _a60(16), Apr 19, 2025: p.19-24 | ||
| 520 | _aA 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 | ||
| 773 | _aEconomic & Political Weekly | ||
| 942 | _cAR | ||