ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

R Kavita RaoSubscribe to R Kavita Rao

Impact of VAT on Central and State Finances

This paper looks at the extent of gain or loss to the states from the introduction of value added tax. The estimates in the study - based on the assumption that all states adopt a uniform VAT design - indicate that the impact of the transition varies considerably across states, in terms of gains and losses.

Economic Consequences of Gujarat Earthquake

Even though the impact of the earthquake on the Gujarat's GSDP may not exceed a quarter per cent, it presents many challenges. Putting in place a proper policy framework may not only restore normalcy in the region, but can start a recovery boom. Estimating the loss from the earthquake is important for devising policies and drawing up requirements for assistance both from within and outside India. However, given all the limitations of the data, firm estimates of losses from the recent quake will take time to compile. In the interim, quantification is critical for designing relief and rehabilitation packages and implementing them before the onset of the monsoon. This paper is an attempt to estimate the economic impact of the earthquake.

Demand Side Factors and India s Industrial Growth

Pradip Maiti R Kavita Rao Using a dual economy framework, wherein the industrial sector is postulated to face an effective demand problem, the paper proposes to explore the extent to which demand side factors served as a constraint to growth of the Indian industrial sector, over the period of 1960-61 to 1989-90. The main factors considered are growth of agricultural output and of autonomous expenditure as indicators of demand side factors. We have also sought to explore the possibility of changes in the nature of the underlying relationships by using dummies, to demarcate the different sub-periods.

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