Fiscal Sustainability in India: an Assessment in Pre and Aftermath of Covid-19

The purpose of this research paper is to evaluate India's budgetary sustainability both before and after the COVID-19 pandemic. Global economies have been severely affected by the COVID-19 pandemic, and India is no exception. The country is facing significant fiscal issues as a result of rising costs for social security, health care, and economic stimulus plans. This study examines shifts in India's fiscal situation prior to the pandemic and the consequences encountered in its aftermath by examining fiscal variables such as state debt, budget deficits, and revenue trends. Using a mixed-method approach, the study combines qualitative evaluations derived from government reports and economic forecasts with quantitative data analysis. Initial results show that there has been a decline in fiscal indicators since COVID-19, which has been made worse by lower revenue generation and higher demands for expenditure.

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Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2024-10-18
DOI
https://doi.org/10.36948/ijfmr.2024.v06i05.28916
Primary Topic
Fiscal Policies and Political Economy
Type
article
Field-Weighted Citation Impact
0.00
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article

Fiscal Sustainability in India: an Assessment in Pre and Aftermath of Covid-19

Nisha Chaudhary
International Journal For Multidisciplinary Research
Fiscal Policies and Political Economy
article

Fiscal Sustainability in India: an Assessment in Pre and Aftermath of Covid-19

Nisha Chaudhary
article en

Abstract

The purpose of this research paper is to evaluate India's budgetary sustainability both before and after the COVID-19 pandemic. Global economies have been severely affected by the COVID-19 pandemic, and India is no exception. The country is facing significant fiscal issues as a result of rising costs for social security, health care, and economic stimulus plans. This study examines shifts in India's fiscal situation prior to the pandemic and the consequences encountered in its aftermath by examining fiscal variables such as state debt, budget deficits, and revenue trends. Using a mixed-method approach, the study combines qualitative evaluations derived from government reports and economic forecasts with quantitative data analysis. Initial results show that there has been a decline in fiscal indicators since COVID-19, which has been made worse by lower revenue generation and higher demands for expenditure.

International Journal For Multidisciplinary ResearchVol. 6(5)
Openalex Percentile: Top 77%
Fiscal Policies and Political Economy
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