Aneesh K | Fiscal Stability & State Policy: Recent Trends in India | Session 2 Part B

The International Seminar on ‘Fiscal Stability & State Policy: Recent Trends in India' was organised by the Department of Economics, University of Kerala at the Seminar Hall, Department of Economics, Kariavattom Campus.

Siddik R
Organizing Secretary
Mob: 8111989221

Anitha V
Professor & Head of Department
Mob: 919446361223

The recent trends in Indian economy had been reported by media and other government sources highlighted two issues jeopardising the very objectives of fiscal policy namely growth performance of the Indian economy and its commitment to ensuring social justice. Based on the data and the popular narrative, it is important to understand the health of the economy through the evaluation of various fiscal and monetary policies adopted in the recent past. Though over the last seven decades, the Indian economy has been undergoing tremendous changes triggered by the adoption of spiralling fiscal and monetary policies.
Nonetheless, the recent change especially the post-2008 Indian economy need to be evaluated because the growth trajectory of the economy showed a reversal and aggravated since the sovereign debt crisis of the European Union. The apparent slowdown could be noticed in the primary, secondary and tertiary sector since 201. To tackle such debacle in the growth pattern, Indian economy had adopted major economic policies such as Demonetisation-“to combat corruption to the functioning of parallel economy” and tax reforms in the form of introduction of GST to make the economy transparent and accessible from all walks of life. However, the data and reports of government and agencies make remarks that the policies dragging the economy into recession.

Videography & Editing:
Rizwan J Kamarudeen
rizwan.kj@gmail.com
7736799528

Siddik Rabiyath,Abdul Salim,Mridul Eapen,Sandhya SN,Bismi Gopalakrishnan,Shereen Sherif,J Devika,