A Framework for Ensuring Fiscal Prudence

Fiscal profligacy in the form of short-term populism and unfunded defined benefit–based old pension schemes present an immediate threat to India’s public finances. It has the potential to hamper India’s growth in the long run. How can it be ensured that policymakers do not prioritise short-term political gains at the cost of long-term economic growth? Dr Jayaprakash Narayan discusses with Sarthak Pradhan. The paper referred to in the podcast - https://www.fdrindia.org/wp-content/uploads/2023/08/Preserving-Growth-Momentum.pdf Do check out Takshashila’s public policy courses: https://school.takshashila.org.in/courses We are @‌IVMPodcasts on Facebook, Twitter, & Instagram. https://twitter.com/IVMPodcasts https://www.instagram.com/ivmpodcasts/?hl=en https://www.facebook.com/ivmpodcasts/ You can check out our website at https://shows.ivmpodcasts.com/featured Follow the show across platforms: Spotify, Google Podcasts, Apple Podcasts, JioSaavn, Gaana, Amazon Music Do share the word with your folks!