Public Finance News

India is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., to boost public finances. Hindustan Zinc and several banks are also slated for stake sales

India is preparing for the Eighth Central Pay Commission, whose recommendations will shape public finances for years to come. Yet before debating how much governments should spend on public employees, a more fundamental question deserves attention: how much do