Union Budget 2022-23: Fiscal-Monetary Interface

Chakraborty, Lekha

ISSN (Print): 2395-1737 Frequency: Quarterly

ijard2015@gmail.com

International Journal of Academic Research & Development

Published by Bharti Publications, Established-2015

Research

Union Budget 2022-23: Fiscal-Monetary Interface

Prof. Lekha Chakraborty^*

* Corresponding author

Abstract

If the Reserve Bank of India hikes the policy rates against the backdrop of the mounting geopolitical risks and inflationary pressures, the growth recovery process may slow down. At the same time, keeping the status quo on policy rates for a prolonged period could catalyse the de-anchoring of inflationary expectations. The Union Budget 2022–23 has accommodated high fiscal deficits and has emphasised on “crowding-in” effects of public infrastructure investment. The intensity of global macroeconomic uncertainties on economic recovery in India can be lessened through sustainable fiscal and monetary policy coordination.

Keywords: Budget, Indian Economy, Fiscal Policy, Monetary Policy, RBI, Finance

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Volume: 8

Issue: 1

©: Bharti Publications

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Chakraborty, L. Union Budget 2022-23: Fiscal-Monetary Interface. International Journal of Academic Research & Development, 8(1).

Chakraborty, Lekha. "Union Budget 2022-23: Fiscal-Monetary Interface." International Journal of Academic Research & Development, vol. 8, no. 1.

Chakraborty, Lekha. "Union Budget 2022-23: Fiscal-Monetary Interface." International Journal of Academic Research & Development 8 (1).

Chakraborty L. Union Budget 2022-23: Fiscal-Monetary Interface. International Journal of Academic Research & Development.

L. Chakraborty, "Union Budget 2022-23: Fiscal-Monetary Interface," International Journal of Academic Research & Development, vol. 8, no. 1.

Chakraborty, L. 'Union Budget 2022-23: Fiscal-Monetary Interface', International Journal of Academic Research & Development, 8(1).

@article{chakrabortyndunion,
  title    = {Union Budget 2022-23: Fiscal-Monetary Interface},
  author   = {Chakraborty, Lekha},
  journal  = {International Journal of Academic Research \& Development},
  volume   = {8},
  number   = {1},
  issn     = {2395-1737},
  publisher= {Bharti Publications},
}

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TY  - JOUR
AU  - Chakraborty, Lekha
TI  - Union Budget 2022-23: Fiscal-Monetary Interface
T2  - International Journal of Academic Research & Development
VL  - 8
IS  - 1
SN  - 2395-1737
PB  - Bharti Publications
AB  - If the Reserve Bank of India hikes the policy rates against the backdrop of the mounting geopolitical risks and inflationary pressures, the growth recovery process may slow down. At the same time, keeping the status quo on policy rates for a prolonged period could catalyse the de-anchoring of inflationary expectations. The Union Budget 2022–23 has accommodated high fiscal deficits and has emphasised on “crowding-in” effects of public infrastructure investment. The intensity of global macroeconomic uncertainties on economic recovery in India can be lessened through sustainable fiscal and monetary policy coordination.
ER  -

Download the .ris file and import into Zotero, EndNote, Mendeley, or RefWorks.