Sharp deterioration in state finance during the last decade has been a matter of serious concern to policy makers in India. The deterioration in State finance is largely an outcome of the fact that in the fact of a limited resource-base the states had to cope with a significant growth in their committed expenditure. Correcting the fiscal imbalances today is the single most important object of the new economic policy in India. The crucial issue therefore is to bring out improvement in State finance with a view to restructuring the expenditure in favour of development expenditure in order to enable a higher growth. The states took policy measures which helped them to avoid further worsening of their fiscal position to some extent. The Thirteenth Finance Commission has set a target of reducing fiscal deficit to 3% of GDP for States latest by 2014-15. The present study attempts to bring out the emerging trends in state finances of India in recent years.
| Published in | International Journal of Economics, Finance and Management Sciences (Volume 1, Issue 6) |
| DOI | 10.11648/j.ijefm.20130106.11 |
| Page(s) | 258-265 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
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Copyright © The Author(s), 2013. Published by Science Publishing Group |
State Finances, Fiscal Imbalances, Deficits
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APA Style
Santosh Nandal, Annu. (2013). Emerging Trends in State Finances in India: 1995-96 to 2011-12. International Journal of Economics, Finance and Management Sciences, 1(6), 258-265. https://doi.org/10.11648/j.ijefm.20130106.11
ACS Style
Santosh Nandal; Annu. Emerging Trends in State Finances in India: 1995-96 to 2011-12. Int. J. Econ. Finance Manag. Sci. 2013, 1(6), 258-265. doi: 10.11648/j.ijefm.20130106.11
AMA Style
Santosh Nandal, Annu. Emerging Trends in State Finances in India: 1995-96 to 2011-12. Int J Econ Finance Manag Sci. 2013;1(6):258-265. doi: 10.11648/j.ijefm.20130106.11
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Download@article{10.11648/j.ijefm.20130106.11,
author = {Santosh Nandal and Annu},
title = {Emerging Trends in State Finances in India: 1995-96 to 2011-12},
journal = {International Journal of Economics, Finance and Management Sciences},
volume = {1},
number = {6},
pages = {258-265},
doi = {10.11648/j.ijefm.20130106.11},
url = {https://doi.org/10.11648/j.ijefm.20130106.11},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20130106.11},
abstract = {Sharp deterioration in state finance during the last decade has been a matter of serious concern to policy makers in India. The deterioration in State finance is largely an outcome of the fact that in the fact of a limited resource-base the states had to cope with a significant growth in their committed expenditure. Correcting the fiscal imbalances today is the single most important object of the new economic policy in India. The crucial issue therefore is to bring out improvement in State finance with a view to restructuring the expenditure in favour of development expenditure in order to enable a higher growth. The states took policy measures which helped them to avoid further worsening of their fiscal position to some extent. The Thirteenth Finance Commission has set a target of reducing fiscal deficit to 3% of GDP for States latest by 2014-15. The present study attempts to bring out the emerging trends in state finances of India in recent years.},
year = {2013}
}
TY - JOUR T1 - Emerging Trends in State Finances in India: 1995-96 to 2011-12 AU - Santosh Nandal AU - Annu Y1 - 2013/10/20 PY - 2013 N1 - https://doi.org/10.11648/j.ijefm.20130106.11 DO - 10.11648/j.ijefm.20130106.11 T2 - International Journal of Economics, Finance and Management Sciences JF - International Journal of Economics, Finance and Management Sciences JO - International Journal of Economics, Finance and Management Sciences SP - 258 EP - 265 PB - Science Publishing Group SN - 2326-9561 UR - https://doi.org/10.11648/j.ijefm.20130106.11 AB - Sharp deterioration in state finance during the last decade has been a matter of serious concern to policy makers in India. The deterioration in State finance is largely an outcome of the fact that in the fact of a limited resource-base the states had to cope with a significant growth in their committed expenditure. Correcting the fiscal imbalances today is the single most important object of the new economic policy in India. The crucial issue therefore is to bring out improvement in State finance with a view to restructuring the expenditure in favour of development expenditure in order to enable a higher growth. The states took policy measures which helped them to avoid further worsening of their fiscal position to some extent. The Thirteenth Finance Commission has set a target of reducing fiscal deficit to 3% of GDP for States latest by 2014-15. The present study attempts to bring out the emerging trends in state finances of India in recent years. VL - 1 IS - 6 ER -
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