Why economists are against deferring fiscal goals

According to the fiscal consolidation road map outlined in Budget 2015-16, the fiscal deficit road map was deferred by a year, compared with a road map laid by Finance Minister Arun Jaitley's......

Meet the new team of the 14th Finance Commission

Y V Reddy, (see left) the chairman of the 14th Finance Commission is an Indian Administrative Service (IAS) officer of the 1964 batch. He is best known for his tenure as the 21st governor of the......

Y V Reddy to head 14th Finance Commission

The government on Wednesday constituted the 14th Finance Commission under former Reserve Bank of India ( RBI) governor Yaga Venugopal Reddy. Besides recommending the share of states and the Centre......

India needs a stimulus exit strategy for growth

It is very well admitted that the economic crisis witnessed in the aftermath of the Lehman episode is the worst since the Great Depression of 1929. Since 2007, global output has contracted by 0.6......