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Progressive Fiscal Policy in India
Edited by:
- Praveen K. Jha - Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi
March 2011 | 516 pages | SAGE Publications Pvt. Ltd
Progressive Fiscal Policy in India locates the prevailing fiscal policy in the overall macroeconomic policy regime of the nation. It presents a rigorous critique of the predominance of fiscal conservatism and neoliberal fiscal orthodoxy over the last two decades. The book develops a strong case for bringing forth progressive change in the country’s fiscal policy and explores the role of public policies and institutions in addressing the development deficits confronting the country.
Authored by leading economists and policymakers of India, the contributions in this book address issues of equity in our fiscal and macroeconomic policies, which rarely figure, in any meaningful sense, in the mainstream fiscal policy deliberations.
The book puts forth persuasive and cogent arguments for the pursuance of an active fiscal policy promoting growth as well as a greater equity in distribution, which in turn may lead to accelerated rate of poverty reduction and a desired pace of human development.
Authored by leading economists and policymakers of India, the contributions in this book address issues of equity in our fiscal and macroeconomic policies, which rarely figure, in any meaningful sense, in the mainstream fiscal policy deliberations.
The book puts forth persuasive and cogent arguments for the pursuance of an active fiscal policy promoting growth as well as a greater equity in distribution, which in turn may lead to accelerated rate of poverty reduction and a desired pace of human development.
Praveen Jha
Introduction
I : OVERALL MACROECONOMIC POLICY REGIME AND ITS LINKAGES WITH FISCAL POLICY
Prabhat Patnaik
C P Chandrasekhar
Nirmal Kumar Chandra
S L Shetty
Saumen Chattopadhyay
II: PRESSING CONCERNS RELATING TO FISCAL FEDERALISM IN INDIA
T M Thomas Isaac and R Ramakumar
Jayati Ghosh
D K Srivastava
Tapas K Sen
K K George and K K Krishnakumar
M A Oommen
III: PUBLIC POLICIES AND INSTITUTIONS TOWARDS ADDRESSING THE DEVELOPMENT DEFICITS
Utsa Patnaik
N C Saxena
Mahendra Dev and N Sreedevi
Praveen Jha, Subrat Das and Nilachala Acharya
Mita Choudhury and A K Shiva Kumar
Santosh Mehrotra
Index
The book is a collection of articles by eminent scholars and academics on a range of fiscal policy matters of topical interest to not only policy-makers but also common citizens. The essays are well presented and easy to read even for someone not familiar with the subject of public finance… On the whole, an eminently readable book.