COVID-19 Context and the Fifteenth Finance Commission: Balancing Fiscal Need and Macroeconomic Stability

Pinaki Chakraborty ()
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Pinaki Chakraborty: National Institute of Public Finance and Policy

Working Papers from National Institute of Public Finance and Policy

Abstract: The objective of this paper is to understand the core recommendations of the Fifteenth Finance Commission in the context of COVID-19 pandemic. Given the macroeconomic uncertainties and rising fiscal needs, the commission focused on fiscal stability, equity and enhancement of fiscal space through higher borrowing with a fiscal exit plan for both Union and States.

Pages: 19
Date: 2021-08
New Economics Papers: this item is included in nep-isf and nep-mac
Note: Working Paper 351, 2021
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Citations: View citations in EconPapers (4)

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