India's Public Finance and Policy Challenges in the 2020s

This book extensively examines various contemporary public finance themes of India, namely fiscal policy and macro economy, public expenditure policy, tax policy, fiscal transfers policy, public debt policy and fiscal imbalance, and environment and climate finance policies. It has three to five chapters devoted to each of these broad themes, with the contributors being eminent economists from the region. While the topics are specific to Indian public finance, they are relevant to global audience to understand about Indian public finance themes and make a comparison with public finance in other countries. The findings and suggestions given in each chapter are based on the latest data, using current methodologies, and are relevant to the times. The book serves as an excellent reference for students in economics, public finance, political science and management, and a valuable tool for professionals such as policymakers, fiscal analysts, and other stakeholders in the areas of global economics and public and finance, in general, and India in particular.

K.R. Shanmugam is Professor at, and Director of Madras School of Economics, Chennai, India. He has seven books (with Springer (co-authored) two books one in 2019 and latest one in 2023) and numerous journal articles to his credit on topics of his research interest such as public finance, corporate finance, macroeconomic models, applied economics, economics of human resource and environmental economics.