Budget 2025-26-wl-3491-Trade-off between Fiscal Consolidation and High Employment-intensive Growth
Bibliographic Data
| ID | 9691887 |
|---|---|
| Authors | Sudipto Mundle (corresponding author), Sudipto Mundle Sudipto Mundle, Ajaya Sahu Ajaya Sahu, Ajaya K Sahu |
| Year | 2025 |
| Volume | 60 |
| Issue | 16 |
| Publication date | 2025-05-05 |
| 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.v60i16.43875 |
| OpenAlex | W4413683128 |
| Language | EN |
A large reduction in government capital expenditure growth in 2024–25 and 2025–26 to meet fiscal deficit targets primarily accounts for the recent decline in growth, since capex growth is a key driver of GDP growth. The greater flexibility of the new debt-to-GDP related fiscal consolidation framework should be exploited to restore high government capex and GDP growth. Fiscal incentives to accelerate growth of large, employment-intensive sectors like construction is also necessary for more employment-intensive growth
Business · Consolidation (business · Economics · Fiscal year · Labour economics · Finance · Regional Development and Policy
| Highly cited | No |
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