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Book & Detail
Monetary and Fiscal Policies in the Indian Economy
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Author : Ed.: Bhole Nath Thakur Year of Publication : 2026 ISBN : 9789393934864 Language : English Binding : Hard Bound Pages : 232 Size : 23 cms Categories : 2026, Economics, New Books Price : 700
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The Book
This book “Monetary and Fiscal Policies in the Indian Economy : Challenges, Impacts and Future Directions” offers a comprehensive and insightful exploration of India’s monetary and fiscal policy framework, examining its challenges, impacts, and future directions in a rapidly evolving economic environment. It brings together rigorous theoretical discussions and empirical analyses on key themes such as post-COVID monetary policy challenges, inflation targeting, credit growth, fiscal consolidation, budgetary and deficit trends, and the dynamics between monetary policy and sectoral performance—especially manufacturing. The volume also highlights the role of financial inclusion, tax revenue determinants, and financial intermediation in strengthening policy coordination and economic stability, while incorporating innovative approaches like text analysis of RBI Monetary Policy Committee minutes. Through comparative perspectives with developed economies and a focused discussion on national priorities such as Atmanirbhar Bharat, the book provides a holistic understanding of how monetary and fiscal policies shape India’s growth trajectory, inflation control, and long-term macroeconomic stability.
Contents : Coordination of Monetary and Fiscal Policies in India : Issues, Challenges and the Way Forward; Navigating Post-COVID Monetary Policy Challenges : Implications for Sustainable Economic Growth in India; A Study on Fiscal Policy and Monetary Policy : Challengess of Indian Economy; Linking Financial Inclusion to Effective Fiscal-Monetary Policy Coordination : A Study of the Indian Economy; Inflation Targeting Framework in India : An Assessment and a Way Forward; Monetary Policy and Credit Growth : A Sectoral Analysis of India; Deciphering the Key Drivers Behind the Central Bank Monetary Policy Decisions : A Review of the Minutes of the RBI Monetary Policy Committee Meetings using Text Analysis; Developments in Union Government Finances of India : On the Way of Fiscal Consolidation; Comparative Study of Fiscal and Monetary Policies : Developed Countries and India; Performance of Indian Economy : Special Reference to Budgetary Framework and Deficit Trends; Modeling Monetary Policy and Manufacturing Sector Dynamics; Monetary Policy and Inflationary Trends : Their Impact on India’s Economic Trajectory; Role of Fiscal and Monetary Policy towards Atmanirbhar Bharat; Macroeconomic Determinants of Tax Revenue in India : An Econometric Analysis; Monetary Policy and Credit Growth : A Sectoral Analysis of India; Monetary Management and Financial Intermediation in India : Economic Growth and Stability; Impact of Monetary and Fiscal Policies on Inflation Control in India.
The Editor
Dr. Bhole Nath Thakur is a V. Faculty Member in the Operations and Information Technology Department at ICFAI Business School (IBS), Hyderabad, where he brings together rigorous academic scholarship and deep industry exposure. He holds a doctoral degree with a research focus on the impact of artificial intelligence on brand communication in advertising, a domain that reflects his sustained engagement with emerging technologies and their strategic implications for modern organizations.
Prior to his transition into academia, Dr. Thakur built a distinguished career across the banking and consulting sectors, serving in senior roles that involved the design and execution of large-scale digital platforms, operational strategy and product management initiatives. This extensive professional experience lends a strong practical orientation to his academic work and enables him to seamlessly connect management theory with real-world business challenges.
His academic and research interests span the evolving intersections of operations management, digital transformation, artificial intelligence in business, institutional and managerial economics and strategic decision-making. As an editor, Dr. Thakur is known for his emphasis on conceptual clarity, interdisciplinary relevance and practical rigor, ensuring that scholarly contributions are both intellectually robust and meaningfully grounded in contemporary organizational realities.