Download or read book State Level Fiscal Reforms in the Indian Economy written by Indian Economic Association. Annual Conference and published by . This book was released on 2006 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed papers presented at one of the technical sessions of the 85th Annual Conference of Indian Economic Association at Trivandrum, India in 2003 on fiscal performance of Indian states.
Download or read book Economic Policy Reforms and the Indian Economy written by Anne O. Krueger and published by University of Chicago Press. This book was released on 2011-04-15 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: India is the second most populous country in the world and also one of the poorest. From the late 1940s to 1980, India's per capita income grew at an average annual rate of only two percent. Expansionist economic reforms during the 1980s boosted economic growth but also unfortunately resulted in high inflation and a balance of payments crisis. As a consequence, in 1991 the government announced sweeping new changes in economic policies. Economic Policy Reforms and the Indian Economy evaluates the effects of those changes and identifies areas of the Indian economy still in urgent need of reform. After an overview of Indian economic policies and development since independence, papers focus on the country's fiscal situation, the environment for private economic activity, education, the reservation of certain activities for small-scale industry, and determinants of differentials in rates of growth across the different Indian states. Contributors include respected academic specialists on India and policy reform, high-level Indian administrators, and present and past policymakers.
Download or read book State Level Reforms Growth and Development in Indian States written by Arvind Panagariya and published by Oxford University Press. This book was released on 2014-04-01 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most discussions of India's recent economic growth focus on progress and policies at the national level. But with a population of 1.2 billion, several of the states in India are larger than many of the countries in the world. Therefore, a more complete understanding of India's ongoing experiment in economic reforms requires a study at the state level. State Level Reforms, Growth, and Development in Indian States provides the first-ever comprehensive analysis of growth and reforms in the highly diverse states of the country. The authors argue that when the national government loosened its controls on industry and services, state governments began shaping the fortunes of their citizens through state-level policy reforms, resulting in faster growth in every state over the last decade than any other decade in the post-independence era. In fact, some of the poorest states, notably Bihar and Odisha, have been growing the fastest. Professors Panagariya and Chakraborty and Dr. Rao refute the common assumptions that growth has not occurred or that poverty has not been reduced in all Indian states. The recent reforms have also led to improved access in every state to basic amenities such as permanent houses, electricity, water, and sanitation. These accomplishments notwithstanding, regional inequality on a per capita basis has grown as well. The authors analyze the economic transformation that has taken place in the largest eighteen states of India and suggest reforms in areas of agriculture, industry, services and urbanization that can further accelerate this transformation. They also provide a comprehensive analysis of education and health in the states.
Download or read book State Level Fiscal Reforms in India written by Ratna Vadra and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian economy has undergone a paradigm shift and moved towards market-oriented reforms through deregulation, liberalisation and openness of the economy leading to a higher rate of economic growth. However, the sub-national fiscal reforms did not respond to the reform programme with similar effort and enthusiasm. The present paper critically examines Indian states have approached the process of fiscal management reform. The main purpose of the paper is to study the major issues governing state level fiscal reforms in India. This paper aims both to share the major state-level fiscal reforms in India to date, and to suggest what more can be done to speed up the reforms.
Download or read book State level Reforms in India written by Stephen Howes and published by MacMillan India. This book was released on 2003 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume discusses a variety of topics related to fiscal and governance reform from a range of perspectives political, bureaucratic and academic, Indian and foreign, state and national.
Download or read book State Fiscal Reforms in India written by Weltbank and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Following two decades of relatively rapid growth, and a decade of liberalization, there is growing confidence within India, as well as internationally, about the state of the economy, and India's development potential. Nonetheless, and particularly since the late nineties, when India's states experienced a sharp fiscal deterioration, they have faced a squeeze on development spending, particularly acute in the poorer ones. In response, most state governments embarked on fiscal reforms, aimed at reducing deficits, and enabling effective interventions in priority areas. States in India play an increasingly important role in devising, and implementing policies to stimulate economic growth, and promote human development. But the performance of India's states is increasingly divergent, State deficits and debt levels rose sharply in the late nineties, and off-budget liabilities also increased rapidly. This sharp fiscal deterioration gave rise to state-level fiscal adjustment efforts, which in recent years have shown some signs of improved fiscal performance. Concerns about the level, and composition of fiscal deficits remain. The report states that a halt in reforms would endanger the states quality and quantity of productive expenditures, while debt levels would steadily build. It reviews expenditure reforms - particularly salaries, at the core of expenditure restructuring - and, pensions as a rapidly-mounting liability, which can be contained by parametric reforms, and longer-term structural reforms, while also examines subsidies, exemplifying the difficulties involved in reforming subsidy regimes. Regarding power sector reforms, commercial discipline should be a top priority. Public enterprise reforms are outlined, suggesting that while immediate fiscal gains may not be achieved, such reforms will prevent future budgetary support from keeping loss-making enterprises afloat. On examining revenue reforms, the report indicates these are essential to reduce fiscal imbalances, suggesting the elimination of tax on inter-state exports is critical, and should proceed with, or without the value-added tax (VAT), specifying tax administration reforms are perhaps more important than tax reforms. On strengthening the fiscal federal framework, it is recommended States need more flexibility to borrow, but under a centrally-imposed aggregate borrowing cap. Three institutional reform would therefore help fiscal federalism in India: Finance Commission as a permanent body; entru...
Download or read book Economic Policy Reforms and the Indian Economy written by Anne O. Krueger and published by University of Chicago Press. This book was released on 2002-07 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: India is the second most populous country in the world and also one of the poorest. From the late 1940s to 1980, India's per capita income grew at an average annual rate of only two percent. Expansionist economic reforms during the 1980s boosted economic growth but also unfortunately resulted in high inflation and a balance of payments crisis. As a consequence, in 1991 the government announced sweeping new changes in economic policies. Economic Policy Reforms and the Indian Economy evaluates the effects of those changes and identifies areas of the Indian economy still in urgent need of reform. After an overview of Indian economic policies and development since independence, papers focus on the country's fiscal situation, the environment for private economic activity, education, the reservation of certain activities for small-scale industry, and determinants of differentials in rates of growth across the different Indian states. Contributors include respected academic specialists on India and policy reform, high-level Indian administrators, and present and past policymakers.
Download or read book A Sustainable Fiscal Policy for India written by Peter S. Heller and published by . This book was released on 2006 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: India's economy has grown rapidly since the beginning of the 1990s despite a large and growing fiscal deficit and rising public levels relative to output. This book explores whether India has found a way to reconcile sustained expansionary fiscal policies with relative macroeconomic stability.
Download or read book The Political Economy of Federalism in India written by M. Govinda Rao and published by Oxford University Press. This book was released on 2006-12-18 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive work on India's fiscal federalism. The book surveys and analyses the evolution of fiscal federalism from the angle of political economy and brings to bear analytical skills of a very high order to assess and relate the political and administrative dimensions of India's federal system to fiscal federal issues. The authors present a synthesized framework, combining both economic and political elements in a political economy prism such as the Cente–State relations with not only the political perspectives but also the economic ones with the belief that only such a framework can provide a useful guide to implementable reform of policies.
Download or read book India s Fiscal Policy written by Supriyo De and published by Cambridge University Press. This book was released on 2017-02-07 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cover -- India's Fiscal Policy -- Title -- Copyright -- Contents -- Foreword -- Acknowledgements -- Disclaimer -- Introduction: Contours of the Indian Fiscal Policy Debate -- Notes -- 1 Fiscal Policy in India Trends and Trajectory -- Introduction -- Basic concepts and analytical framework -- India's fiscal policy architecture -- Evolution of Indian fiscal policy till 1991 -- Liberalization, growth, inclusion and fiscal consolidation (1991-2008) -- Crisis and return to fiscal consolidation: The maturing of Indian fiscal policy -- Conclusion -- Notes -- References -- 2 Decentralization, Indirect Tax Reform and Fiscal Federalism in India -- Introduction -- Economic disparity across Indian states -- The GST and the role of the FC -- Some recent reforms in indirect taxation and their beneficial effects -- Some remaining issues with the indirect tax structure -- Agenda for indirect tax reform -- Structure of transfers from the central government to state governments -- FC transfers -- PC transfers -- Centrally sponsored schemes -- Transfers to PRIs and urban bodies -- Conclusions -- Notes -- References -- 3 Fiscal Implications of Energy Subsidies -- Introduction -- Petroleum subsidies -- Subsidies in the coal sector -- Subsidies in the power sector -- Renewable energy sector -- Conclusions -- Notes -- References -- 4 Fiscal Implications of Food Security in India: A Critical Review -- Introduction -- Concept of food security -- Fiscal policy and food security in India -- Food security policies in some countries -- Bangladesh -- Bhutan -- Maldives -- Nepal -- Pakistan -- Sri Lanka -- Review of food security policies in India -- On availability -- On access -- Antyodaya Anna Yojana -- On nutrition -- Integrated child development services -- Mid-day meal scheme -- Social security through MGNREGS -- NFSA, 2013: What are the macro-fiscal impacts?
Download or read book Indian Fiscal Federalism written by Y.V. Reddy and published by Oxford University Press. This book was released on 2018-12-27 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Likening fiscal federalism to a game between the Union and the States, and among the States themselves, Indian Fiscal Federalism lays bare the complex rules of play. It examines the pivotal role of Finance Commissions and assesses momentous events since 2014, such as the replacement of the Planning Commission by NITI Aayog, the emergence of the GST Council, and the controversies surrounding the Fifteenth Finance Commission. States, and among the States themselves, Indian Fiscal Federalism lays bare the complex rules of play. It examines the pivotal role of Finance Commissions and assesses momentous events since 2014, such as the replacement of the Planning Commission by NITI Aayog, the emergence of the GST Council, and the controversies surrounding the Fifteenth Finance Commission. A contemporary, timely, and comprehensive analysis of fiscal federalism in India, this practitioners’ perspective is a must-read for all those interested in the subject.
Download or read book Fiscal Policies and Sustainable Growth in India written by Edgardo Favaro and published by Oxford University Press, USA. This book was released on 2004 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses Issues Such As-Sustainablity Of Fiscal Deficits, The Role Of Tax Enhancing Measures, Cuts In Government Spacing, The Impact Of Government Spacing On Economic Growth And The Agenda For Policy Makers In The Future. Contains 12 Papers.
Download or read book India s Fiscal Matters written by Parthasarathi Shome and published by . This book was released on 2002 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: In This Volume Shome Designs Strategies For A Sustainable Fiscal Architecture In The Country, Surveys Fiscal Trends Of The 1990S, And Provides An Overview Of The Tax And Expenditure Reforms.
Download or read book State Fiscal Reforms in India written by World Bank and published by MacMillan India. This book was released on 2005 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: India has experienced rapid economic growth over the past two decades, averaging about 6% per year. Sustaining and accelerating this progress, as per the country s development targets, will require an improvement in government effectiveness, not only at t
Download or read book Financial Sector Reforms written by D.K. Das and published by Deep and Deep Publications. This book was released on 1998 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles.
Download or read book Fiscal policy in India Past reforms and future challenges written by Richard Herd and published by . This book was released on 2008 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Describes reforms over the past decades which, as part of the overall economic reform agenda, helped lifting the Indian economy to a higher growth path. It also discusses where further reforms are desirable to further reduce economic distortions and improve the provision of public services." - abstract.
Download or read book Public Finance written by Sudipto Mundle and published by . This book was released on 1997 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: These papers examine aspects of fiscal reform in India while focusing on issues of policy relevance.
