Titlebook: Macroeconomic Policy in India Since the Global Financial Crisis; Trends, Policies and Sebastian Morris Book 2022 The Editor(s) (if applicab

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GST and the Discrimination Against Production Oriented States,ces industries. The country is at an early stage of its economic transition, and the states have a subnational character. It is important that the states engage in locational tournaments to attract investments by providing infrastructure services, governance, and other public services. We develop a

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Conclusions,re the crisis, had marginally slowed down over the last three quarters before the GFC, due to the restrictive monetary policies pursued by the RBI, to quell a supply side inflation a part of which was imported through higher oil prices. Growth nevertheless was at around 8.5% on the eve of the crisis

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