stdClass Object
(
    [id] => 17331
    [paper_index] => 202508-04-023659
    [title] => NAVIGATING PUBLIC DEBT IN POST-COVID INDIA: FISCAL PRUDENCE AND POLICY RESPONSES (2014-2024)
    [description] => 
    [author] => Santosh Sahu, Dr. Shalini Choithrani 
    [googlescholar] => 
    [doi] => https://doi.org/10.36713/epra23659
    [year] => 2025
    [month] => August
    [volume] => 13
    [issue] => 8
    [file] => fm/jpanel/upload/2025/August/202508-04-023659.pdf
    [abstract] => This study examines public debt in post-COVID India from 2014 to 2024, focusing on fiscal prudence and policy responses. The data reveals a consistent rise in public debt, internal debt, and revenue expenditure, with the debt-to-GDP ratio increasing from 67.7% in 2014 to 83.06% in 2024. The Gross Fiscal Deficit has also widened, indicating a growing gap between revenue and expenditure. The unit root test suggests mixed stationarity results, implying that some economic indicators follow a stable trend while others exhibit randomness. The Augmented Dickey-Fuller test confirms that public debt is not stationary, meaning it fluctuates over time due to external factors. The correlation matrix indicates a strong relationship between public debt and revenue expenditure, developmental expenditure, and gross fiscal deficit. These findings highlight the urgent need for policy measures to manage fiscal stability.
    [keywords] => Public Debt, Fiscal Deficit, Debt-to-GDP Ratio, Fiscal Prudence
    [doj] => 2025-08-18
    [hit] => 
    [status] => 
    [award_status] => P
    [orderr] => 3
    [journal_id] => 4
    [googlesearch_link] => 
    [edit_on] => 
    [is_status] => 1
    [journalname] => EPRA International Journal of Economic and Business Review(JEBR)
    [short_code] => IJES
    [eissn] => 2347-9671 (O), 2349-0187(P)
    [pissn] => 
    [home_page_wrapper] => images/products_image/12.JEBR.png
)
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