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Fiscal Rule and Social Sector Spending: A Study of North-East India

In: Understanding Development

Author

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  • Vikas Dixit

    (Jadavpur University)

Abstract

The management of public finances continues to be a challenging task not only for the central government, but also for the states since the initiation of rule-based fiscal consolidation. The states have been facing severe fiscal constraints, particularly in sharing own funds for capital formation. The problem sounds acute when it comes to the northeastern (NE) region of India which is faced with several economic and social challenges including financial constraints, poor infrastructure and of course, the unfriendly attitude of the neighbouring states. An attempt is, therefore, made in this chapter to analyse the impact of fiscal rule on social sector spending of NE states of India.

Suggested Citation

  • Vikas Dixit, 2016. "Fiscal Rule and Social Sector Spending: A Study of North-East India," India Studies in Business and Economics, in: Swapnendu Banerjee & Vivekananda Mukherjee & Sushil Kumar Haldar (ed.), Understanding Development, edition 1, chapter 11, pages 155-171, Springer.
    • Handle: RePEc:spr:isbchp:978-81-322-2455-6_11
    DOI: 10.1007/978-81-322-2455-6_11
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    References listed on IDEAS

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