Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* India: On the road - Modi likely to win tough poll, Amitabh Dubey, Shumita Sharma Deveshwar, 11 Dec 2017
* India In charts: No easy fix for the economy as polls approach, Shumita Sharma Deveshwar, 30 Nov 2017
* India: New Congress takes the fight to the BJP, Amitabh Dubey, Shumita Sharma Deveshwar, 27 Nov 2017
* India: State banks still stand on shaky ground, Shumita Sharma Deveshwar, 9 Nov 2017
* India: On the road in Uttar Pradesh: GST woes hurt Modi’s popularity in busy poll season, Shumita Sharma Deveshwar, Amitabh Dubey, 26 Oct 2017

See all our India research >>

Healthier public finances

Overview

India’s fiscal position has ceased to be the major risk factor that it long appeared to be, thanks above all to robust tax revenues in a booming economy. This is not only a cyclical story. A vital contribution to healthier public finances has also come from the annual deficit reduction obligation laid down in the Fiscal Responsibility and Budget Management (FRBM) Act of 2003. In addition, there have been some useful reforms to the tax system and tax administration.

But improved...

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