Budget 2026–27 and Coping with the Emerging Economic Challenge
Bibliographic Data
| ID | 22410348 |
|---|---|
| Authors | Sudipto Mundle, Sudipto Mundle Sudipto Mundle, Ajaya Sahu Ajaya Sahu, Ajaya Sahu |
| Year | 2026 |
| Volume | 61 |
| Issue | 14 |
| Publication date | 2026-04-28 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economic and political weekly/Economic & political weekly (JOURNAL) |
| Journal identifiers | ISSN: 0012-9976 • E-ISSN: 2349-8846 |
| Publisher | Sameeksha Trust (PUBLISHER) |
| DOI | 10.71279/epw.v61i14.49034 |
| OpenAlex | W7166024520 |
| Language | EN |
Stable fiscal ratios, high growth and low inflation portray India as a haven of stability and calm in a very turbulent world. However, this may well be a calm before the storm. The stable fiscal ratios notwithstanding, fiscal space is shrinking, which handicaps the country in coping with the economic shock which is expected in the wake of the Iran war and Iran’s chokehold on supplies through the Hormuz Straits. An expansionary fiscal policy, combined with a tight monetary policy stance, can moderate the impact of the shock but a period of slower growth and elevated inflation seems unavoidable.
Coping (psychology) · Economic stability · Fiscal policy · Fiscal space · Inflation (cosmology) · Monetary policy · Recession · Shock (circulatory) · COVID-19 Pandemic Impacts · Fiscal Policies and Political Economy · Indian Economic and Social Development
| Highly cited | No |
|---|