Selected Macroeconomic Issues India for Phase 1 IAS Officers

Source details

Title: Selected Macroeconomic Issues India for Phase 1 IAS Officers
Session No.: SA 24.21
Location: Mussoorie, India
Date: March 12-13, 2024
Delivery Method: In-person Training
Primary Language: English
Presenting institutions: IMF Institute for Capacity Development (ICD) and South Asia Regional Training and Technical Assistance Center (SARTTAC)

Target Audience: Officer trainees comprising the incoming cohort of the Indian Administrative Service.
Qualifications: Successful candidates selected through the competitive Union Public Services Commission examination and assigned to the Indian Administrative Service.
Pre-requisites: Participants should have attended the macroeconomics module offered at the Foundation Course for officer trainees comprising the entry cohort into India's civil service.

Purpose: Provide perspectives on the key components of a country's economy from a macroeconomic perspective, their inter-linkages, and the role of monetary, fiscal, and debt policy in ensuring a stable macroeconomic environment, external competitiveness, and sustained, inclusive growth.
Approach: Relies on a case study of India to illustrate current macroeconomic challenges and to demonstrate practical tools for use in day-to-day macroeconomic analysis and policymaking.
Policy areas emphasized:
- Monetary policy and central bank decision-making
- Fiscal policy and ministry of finance roles
- Debt policy and debt sustainability
- External competitiveness (including exchange rate considerations)
- Linkages between inflation, interest rates, exchange rates, debt levels, and economic growth

Upon completion, participants should have a basic understanding of:
- The role of macroeconomic and financial policies in ensuring low inflation, debt sustainability, and supportive growth.
- How policy outcomes are affected by decisions made by central banks, ministries of finance, and other agencies charged with ensuring sound macroeconomic management, including in India.
Participants should be able to better identify:
- External and internal imbalances in the economy affecting inflation, interest, and exchange rates; debt levels; and economic growth.
- The policies needed to manage these vulnerabilities and reduce overall risks in the economy.

Climate in Macroeconomic Framework (CMF)
- Languages: English (French, Portuguese)
- Date: November 16-20, 2026
- Delivery: Blended Training
- Location: Ebene, Mauritius
Big Data for Macroeconomic Statistics (BDMS)
- Languages: English (French, Portuguese)
- Date: October 26-30, 2026
- Delivery: In-person Training
- Location: Ebene, Mauritius
Financial Development and Financial Inclusion (FDFI)
- Languages: English (French, Portuguese)
- Date: November 16, 2026 - December 11, 2026
- Delivery: Blended Training
- Location: Ebene, Mauritius