Update - My paper “Ecological Fiscal Transfers and State-level Budgetary Spending in India” with @lekhachakrborty, @K_Aman09, and @RanjanKM85 got published in EPW, last week.
https://t.co/rKYOzIBqOe
As BJP completes one year in Delhi, the PWD minister @p_sahibsingh speaks about his govt’s priorities & delivery @IndianExpress Idea Exchange
https://t.co/tsnC4ngCzk
@nipunmarya@grok “If Grok’s the GOAT at spotting gems, then my one-liner’s the diamond: iQOO 15, let’s make ‘fast-forward through life’ our new normal—because who has time for buffering when you’re built for the win? 🚀 #BeTheGOAT”
@grok
@flyspicejet is an airline that truly deserves to be closed.
It’s not about money (for them it is) - it’s about the harrasment and the abuse of power, their executives are doing.
In my case, it was someone named Mohit at Terminal 1. (5/n)
@flyspicejet is running an extortion based business where they are careless to do the due deligence at the time of the check-in, and create a hostile environment for the passenger forcing them to pay for extra luggage charges which could have been avoided if the passenger (1/n)
the other passengers saying that their check-in bags would be removed from the flight as well and they would not be allowed on the plane if they choose to intervene. Honestly, after this - I would refrain from ever flying SpiceJet. (4/n)
Gender budgeting, a macro-fiscal tool to tackle gender inequalities, has been increasingly recognized for its efficacy for fiscal transparency and accountability.
@LekhaChkraborty analyzes and shares lessons from the Indian experience: https://t.co/yVhelnxBRb
[The Telegraph today] “India cannot afford fiscal austerity at this juncture,” said Lekha Chakraborty of the NIPFP. “Weak consumer confidence and uncertain demand are holding back private investment. Fiscal policy must remain accommodative to revive growth.”
India unveiled its FY25 budget yesterday (btw, they have another one in 6 months) & it was very much a fiscal consolidation, jobs, and responding to people's beef about the woeful labor market (Modi lost seats in Uttar Pradesh).
Before I talk about the Budget, let's talk about India labor supply & demand. Ready?
Super interesting new paper on why people hate inflation. A major reason is that people overwhelmingly ascribe wage increases to their own efforts, while they blame price increases on policy.
Bernanke/Blanchard on the causes of inflation in the US during the pandemic era: “contrary to early concerns that inflation would be spurred by overheated labor markets, most of the inflation surge resulted from shocks to prices given wages.“
Paper in AEJ: Macro