Rathin Roy on How India Slices the Fiscal Pie

from Ideas of India · host Mercatus Center at George Mason University

Today my guest is Rathin Roy, who's a Distinguished Fellow at the Kautilya School of Public Policy and a Visiting Senior Fellow at ODI Global. His main research interests are political economy, public finance, and development economics, and he also served on the 13th Finance Commission. We talked about India's fiscal resources are distributed across states and between the union and state governments, the divergence between rich and poor states, compensatory welfare and its consequences and much more. Recorded July 8th, 2025. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Follow Rathin on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:38) - India's Fiscal Federalism System (00:22:46) - India's Welfare State (00:34:19) - Unequal Growth (00:45:58) - Consumption Taxes (01:02:30) - Public Finance in India (01:27:06) - Outro

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This episode was published on July 31, 2025.

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