State Finances in India: A Critical Review
AbstractThere has been a sharp decline in the fiscal fortunes of the States during the last decade. Low buoyancy of central transfers and spill over of central pay revisions have had the most adverse impact on State finances. What is more worrisome, the States’ own fiscal performance has also seen sharp deterioration. The paper brings out the trend in State finances, highlights the factors contributing to the decline and identifies areas of reform.
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Bibliographic InfoPaper provided by Institute for Social and Economic Change, Bangalore in its series Working Papers with number 113.
Length: 36 pages
Date of creation: 2002
Date of revision:
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