Need new consolidation path to contain fiscal deficit by 2029: Subhash Garg
There is a need to go back to the FRBM and retain the fiscal deficit to 3% of GDP as the target of 4.5% is not good enough.
frbm act
July 2024
October 2023
December 2022
5 ways to resolve the unfinished agenda of freebies
India needs to go beyond FRBM Act of 2003, set up a 'fiscal council' to redefine, expand the scope and monitor all fiscal practices
Budget 2023: A case for stronger fiscal push
India has moderately high debt and deficit levels, but the imperatives to push demand, correct K-shaped distortions and global experiences far outweigh the need for fiscal consolidation.
