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State of Finances of Uttar Pradesh: Retrospect and Prospect

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  • Ratna Vadra

Abstract

More and more states are now turning to fiscal reforms as the only way out of the financial crisis they are facing. Uttar Pradesh is not far behind. Uttar Pradesh, the most populous state of India, with 16% of India’s population offers the country the largest market. Uttar Pradesh is passing through fiscal crisis as there is a lack of financial prudence. The State has taken an initiative to implement some of the reforms in the coming years. The study focuses on the trends of the revenues, expenditures and fiscal indications of Uttar Pradesh during the period 1990-91 to 2008-09. The paper also studies the major fiscal reforms taken by Uttar Pradesh in recent years.

Suggested Citation

  • Ratna Vadra, 2010. "State of Finances of Uttar Pradesh: Retrospect and Prospect," The IUP Journal of Public Finance, IUP Publications, vol. 0(1 & 2), pages 63-73, February .
  • Handle: RePEc:icf:icfjpf:v:08:y:2010:i:1&2:p:63-73
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