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

Articles By Tarrung Kapur

Does India Need Vaccine Federalism?

This paper focuses on the identification of the key determinants of the interstate differences in the incidence of COVID-19. It finds that it is best to have a dynamic, transparent, and explicit formula for the interstate allocation of vaccines under conditions of deficient supply. This is ideally handled by an objective expert body.

 

Taxing Petroleum Products

With the lowering of global crude prices in recent months, the expectation was that this would benefi t the users of petroleum products, especially in the industry and transport sectors, and the consumers. This expectation has so far been belied. The central government has not only increased the taxes under its control but also focused on increasing relatively more, the non-shareable portion of excise duty, thereby constraining the fi scal space for the state governments. The continued high retail prices have implications for infl ation as well as potential growth. This situation needs to be carefully monitored.