Mahajan, Sanjeev K.

New arenas before 2nd commission on centre-state relations in the changing times - 2009 - p.839-847. - Oct-Dec

State government finance administration has drawn attention of economists, administrators, planners and academicians all over India. Since the 1980s the state government finances in Indian economy have been under heavy stress as most of the state governments are facing a worsening budgetary situation which has substantially affected their development expenditure. Hence, there has been a lot of discussion on the problem of fiscal imbalances of the Central Government, but the issue at the state level has not received much attention and Himachal Pradesh is no exception to this. This problem has further aggravated because, it being a hilly state with difficult terrain has peculiar problems of development, and these natural hazards impinge upon its finances also. - Reproduced.


Federal state relations - India
Federal state relations

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