| 000 -LEADER |
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| fixed length control field |
01296pab a2200181 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180718b2006 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Rakshit, Mihir |
| 245 ## - TITLE STATEMENT |
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| Title |
Budgetary rules and plan financing: revisiting the fiscal responsiblity act |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
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| Date of publication, distribution, etc. |
2006 |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
p.4547-552. |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
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| Dates of publication and/or sequential designation |
4 Nov |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc. |
In the approach paper to the eleventh five - year plan, the planning commission has proposed a redefinition of the revenue deficit, concentration only on the primary and fiscal deficits as control variables, and an adjustment of the deficits for cyclical variations in gross domestic product. Importantly, the PC has also questioned the very compatability of the targets under the fiscal responsibility and Budget Management Act with the imperatives of plan expenditure and its phasing over time. All this have drawn adverse criticism from the finance ministry and the reserve bank of India. After setting out the basics pertaining to the various budget deficits and the economic reasons for their targeting, this artic le examines the main issue in the debate among the three policy formulating bodies. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Public finance - India |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Budget - India |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Budget |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Economic and Political Weekly |
| 909 ## - |
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| -- |
72113 |
