Selected Macroeconomic Issues India for Phase 1 IAS Officers

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Training Program: Presented by the 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.

The course provides perspectives on the key components of a country's economy from a macroeconomic perspective, their inter-linkages, and the role of fiscal, and debt policy in ensuring a stable macroeconomic environment, and sustained, inclusive growth.
The course relies on a case study of India to illustrate its current macroeconomic challenges and to demonstrate practical tools for use in day-to-day macroeconomic analysis and policymaking.

Participants should have a basic understanding of the role of macroeconomic and fiscal policies in ensuring low inflation, debt sustainability, and supportive growth, and how each is 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 risks and vulnerabilities associated with growth, fiscal deficits, debt, interest and exchange rates and the policies needed to address and manage these vulnerabilities and reduce overall risks in the economy.