Reconciling Fiscal Federalism and Accountability: A Low Equilibrium Trap? Forex economic news analysis essay Meta-Preference: Is Development Itself an Antidote?
V2ch2 to 10: What do they contain? 17 cost:benefit for the prelims 2017? What is meaning of economic survey? How do they collect data and content for the survey?
What is the structure of volumes? Some nations take even 17 years to recover from such disaster. Modi Government launched PMJDY, Atal Pension Yojana, PM Jivan Jyoti and Suraksha Bima Yojana, Differential banks, demonetization, drive against black money etc. For mobilizing Investment: FDI rules were relaxed, focus on Ease of Doing Biz, new Companies Act, single window clearance, reforms in factory-labour laws, Startup India stand up India and so forth.
GDP growth rate, we’ll have to focus more on improving the investment rate than improving the savings rate. Chapter is verbose, too much theoretical concepts and cross-country comparisons. But we’re largely a tax-non-compliant society, our fiscal capacity is poor and so are our public utility services. ULBs not collecting adequate taxes on their own.
Finance Commissions’ tax-devolution from Union’s revenue. Here, the Special category states got truckload of money since independence yet their poverty rates, infrastructure not improved due to poor governance and lack of accountability. No, we seem to have a low equilibrium i. Union’s fiscal deficit could aggravate before general elections 2019 if Modi launches populist schemes or increases budgetary outlay of existing schemes to woo the voters, particularly rural voters like he did in Budget-2018. Since 80s, India began to growth, but we have not been able to improve std of living like Japan and S.