Union budget 2023–24
The long view
EPW Vol.58; No,12 -
Ashima Goyal
creator
text
monographic
eng
ENG
Consolidation is necessary, but so is stimulus. The budget ably attempts both through gradual deficit reduction and better expenditure composition. But success also needs coordination with monetary policy and with states. Further, inflation-lowering supply-side action will enable countercyclical smoothing; stronger institutions and incentives can improve state capex and public service delivery.
ECO
Deficit Reduction
Budget 2023–24
Inflation
Expenditure Composition
Monetary policy
State Politics
https://www.epw.in/journal/2023/12/budget-2023-24/union-budget-2023%E2%80%9324.html
https://www.epw.in/journal/2023/12/budget-2023-24/union-budget-2023%E2%80%9324.html
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