01846cas a2200277 a 4500 AALejournalIMF015360 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513592657 1018-5941 BD-DhAAL BD-DhAAL Abdallah, Chadi. The Quest for the Holy Grail : Efficient and Equitable Fiscal Consolidation in India / Chadi Abdallah, David Coady, Sanjeev Gupta, Emine Hanedar. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Achieving fiscal consolidation without undermining growth and poverty-reduction efforts is a key policy challenge in many countries. Using India as an illustration, this paper shows how a mix of well-designed taxation and spending policies can help address these challenges. On the tax side, the analysis focuses on increasing consumption taxes on goods with negative consumption externalities. On the spending side, some of the additional revenues from the tax reform are allocated to scaling up key social transfer programs. Substantial additional gains are possible if the increased social transfers can be accompanied by improved targeting. Mode of access: Internet Coady, David. Gupta, Sanjeev. Hanedar, Emine. IMF Working Papers; Working Paper ; No. 2015/152 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/152/001.2015.issue-152-en.xml IMF e-Library