Since 2015, India has seen many changes on the fiscal front — including a significant increase in states' share of the union's taxes, a complete overhaul of the indirect tax system, the restructuring of schemes, rampant use of off-budget borrowing, and large fiscal adjustments necessitated by the COVID-19 crisis. These changes have far-reaching consequences for India's political economy, institutions, and economic policies.

Against this backdrop, join Suyash Rai and Josh Felman as they consider how the Union Budget 2021-22 and the recommendations of the 15th Finance Commission might shape India's public finances in the coming years.

Format:

  • Presentation by Suyash Rai: 30 minutes
  • Comments by Josh Felman: 15 minutes
  • Q&A: 15 minutes

To submit a question for the event, please email carnegieindia@ceip.org. Participants may also submit their questions through the Q&A box in the Zoom webinar or the comments section of our YouTube livestream.

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  2. Suyash Rai, Budget 2021: The Ghosts of the Past, Present and Future, January 30, 2021, TheWire.in
  3. Suyash Rai, Many good things in Budget 2021. But wait for Modi govt to show its will, capability, February 2, 2021, ThePrint