Fiscal Consolidation with High Growth : A Policy Simulation Model for India

In this paper a fiscal consolidation program for India has been presented based on a policy simulation model that enables us to examine the macroeconomic implications of alternative fiscal strategies, given certain assumptions about other macro policy choices and relevant exogenous factors. The model is then used to estimate the outcomes resulting from a possible strategy of fiscal consolidation in the base case. The exercise shows that it is possible to have fiscal consolidation while at the same time maintaining high GDP growth of around 8% or so. The strategy is to gradually bring down the revenue deficit to zero by 2014-15, while allowing a combined fiscal deficit for centre plus states of about 6% of GDP. This provides the space for substantial government capital expenditure, which translates to a significant public investment program. This in turn leads to high overall investment directly and indirectly, via the crowding in effect on private investment, which drives the high GDP growth. The exercise has also tested the robustness of this strategy under two alternative scenarios of higher and lower advanced country growth compared to the base case.Macroeconomic Modelling, Policy Simulation, Fiscal Policy, India

ElasTraS: An Elastic Transactional Data Store in the Cloud

Over the last couple of years, "Cloud Computing" or "Elastic Computing" has emerged as a compelling and successful paradigm for internet scale computing. One of the major contributing factors to this success is the elasticity of resources. In spite of the elasticity provided by the infrastructure and the scalable design of the applications, the elephant (or the underlying database), which drives most of these web-based applications, is not very elastic and scalable, and hence limits scalability. In this paper, we propose ElasTraS which addresses this issue of scalability and elasticity of the data store in a cloud computing environment to leverage from the elastic nature of the underlying infrastructure, while providing scalable transactional data access. This paper aims at providing the design of a system in progress, highlighting the major design choices, analyzing the different guarantees provided by the system, and identifying several important challenges for the research community striving for computing in the cloud.Comment: 5 Pages, In Proc. of USENIX HotCloud 200

Fiscal consolidation with high growth: A policy simulation model for India.

In this paper a fiscal consolidation program for India has been presented based on a policy simulation model that enables us to examine the macroeconomic implications of alternative fiscal strategies, given certain assumptions about other macro policy choices and relevant exogenous factors. The model is then used to estimate the outcomes resulting from a possible strategy of fiscal consolidation in the base case. The exercise shows that it is possible to have fiscal consolidation while at the same time maintaining high GDP growth of around 8 percent or so. The strategy is to gradually bring down the revenue deficit to zero by 2014-15, while allowing a combined fiscal deficit for centre plus states of about 6 percent of GDP. This provides the space for substantial government capital expenditure, which translates to a significant public investment program. This in turn leads to high overall investment directly and indirectly, via the crowding in effect on private investment, which drives the high GDP growth. The exercise has also tested the robustness of this strategy under two alternative scenarios of higher and lower advanced country growth compared to the base case.Macroeconomic modelling, Policy simulation, Fiscal policy, India

Time Evolution of Density Parameters for Matter and Dark Energy and their Interaction Term in Brans-Dicke Gravity

In the framework of Brans-Dicke (BD) theory, the first part of the present study determines the time dependence of BD parameter, energy density and equation of state (EoS) parameter of the cosmic fluid in a universe expanding with acceleration, preceded by a phase of deceleration. For this purpose, a scale factor has been chosen such that the deceleration parameter, obtained from it, shows a signature flip with time. Considering the dark energy to be responsible for the entire pressure, the time evolution of energy parameters for matter and dark energy and the EoS parameter for dark energy have been determined. An effective interaction term, between matter and dark energy, has been proposed and calculated. Its negative value at the present time indicates conversion of matter into dark energy. Using this term, the time dependence of the rates of change of matter and dark energy has been determined. It is found that the nature of dependence of the scalar field upon the scale factor plays a very important role in governing the time evolution of the cosmological quantities studied here. The present study provides us with a simple way to determine the time evolution of dark energy for a homogeneous and isotropic universe of zero spatial curvature, without involving any self-interaction potential or cosmological constant in the formulation.Comment: 22 pages, 16 figures, 2 tables. In the present version we have two models of density parameter calculation. Calculations of time derivatives of densities have been added to the previous version. Four new graphs have been added to the older version. Changes have been made to different sections of this articl

An Anomalous Reentrant 5/2 Quantum Hall Phase at Moderate Landau-Level-Mixing Strength

A successful probing of neutral Majorana mode in recent thermal Hall conductivity measurements opines in favor of the particle-hole symmetric Pfaffian (PH-Pf) topological order, contrasting the theoretical predictions of Pfaffian or anti-Pfaffian phases. Here we report a reentrant anomalous quantized phase which is found to be gapped in the thermodynamic limit, distinct from the conventional Pfaffian, anti-Pfaffian, or PH-Pf phases, at an intermediate strength of Landau level mixing. Our proposed wave function consistent with the PH-Pf shift in spherical geometry rightly captures the topological order of this phase, as its overlap with the exact ground state is very high and it reproduces low-lying entanglement spectra. A unique topological order, irrespective of the flux shifts, found for this phase possibly corroborates the experimentally found topological order.Comment: 12 pages, 10 figures. The title and abstract have minor modifications. The manuscript and supplementary are mostly rewritte

Importance of Alginate Bioink for 3D Bioprinting in Tissue Engineering and Regenerative Medicine

Among many bioinks used for extrusion 3D bioprinting, the most commonly used bioink is the polysaccharide alginate because of its various cellular-friendly property like gelation. Erratic degradation and cell-binding motifs are not present in alginate which are the limitations of alginate bioinks, which can be improved by blending various low concentrations of natural or artificial polymers. Here in this chapter, we will discuss the various important properties of the alginate which make it as the bioink for almost all bioprinting scaffold designs as well as how improve the cellular properties like its cell-material interaction by blending it with other polymer solutions

Self-regulation of rat liver GAP junction by phosphorylation

AbstractWe have studied the functioning of rat liver Connexin 32 (Cx32) at the single channel level in presence of ATP. It was observed that ATP regulates the functioning of the channel by running down the junctional conductance. A non-specific exogenous protein phosphatase (alkaline phosphatase) reversed the rundown of junctional activity to its normal functioning state. Autoradiograhic studies demonstrate autophosphorylation of rat liver Cx32. These findings indicate a self-regulatory mechanism of the channel