European Parliament Library

The Quest for the Holy Grail :, Efficient and Equitable Fiscal Consolidation in India, Chadi Abdallah, David Coady, Sanjeev Gupta, Emine Hanedar

Achieving fiscal consolidation without undermining growth and poverty-reduction efforts is a key policy challenge in many countries. Using India as an illustration, this paper shows how a mix of well-designed taxation and spending policies can help address these challenges. On the tax side, the analysis focuses on increasing consumption taxes on goods with negative consumption externalities. On the spending side, some of the additional revenues from the tax reform are allocated to scaling up key social transfer programs. Substantial additional gains are possible if the increased social transfers can be accompanied by improved targeting
Table Of Contents
Cover; Abstract; Contents; I. Introduction; II. Recent Fiscal Policy in India; Figures; 1. Evolution of Fiscal Deficits in India, 2003-14; 2. Tax and Spending in India, 2001-14; III. Sin Taxes and Social Transfers in India; A. Sin Taxes in India; Tables; 1. Household Budget Shares for Fuel Products; B. Transfer Programs in India; 2. Household Budget Shares for Alcohol and Tobacco; 3. Fiscal Cost for Transfer Programs, 2006-13; 3. Targeting Performance of PDS Food Program; IV. Distributional Impact of Tax and Transfer Reforms; A. Impact of Tax Reforms
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (25 p.)
Specific Material Designation
Form Of Item

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