Discover and read the best of Twitter Threads about #StateBudgets
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Speaking at a #webinar on the Indian Health Financing Landscape, @CafeEconomics makes the following observations relating to 1) #FiscalCapacity 2) #PoliticalEconomy 3) #Federalism (1/n)
@dvararesearch @IndiaSpend
@dvararesearch @IndiaSpend
India's #PublicHealthExpenditure is well predicted by its income, however compared to neighbours and other #LMICS, its public health spending is lower. This is despite India's Tax/GDP ratio gradually rising over the years. (2/n)
The post-reform Indian fiscal agenda has been to switch away from #PhysicalCapital to #HumanCapital with increased reliance on the private sector to generate employment. Job growth however has been inadequate and the state's approach to #HumanCapital has been compensatory (3/n)
