State revenue deficits, public debt and liquidity: Government of Uttar Pradesh case
By: Nair, Sanjiv.
Material type:
ArticlePublisher: 1996Description: p.692-706.Subject(s): Public finance - India - Uttar Pradesh | Public finance
In:
Indian Journal of Public AdministrationSummary: Highlighting the proportion of States' budgets to the Central budget in India and the measures of deficit budget needed to understand fiscal stance of a state government, the author analyses trends in state governments' revenue deficits, based on relevant data for 1984-91. He discovers states' increasing tendency towards chronic revenue deficits and dis-savings. The author, focusing on Government of U.P., analyses fiscal and administrative developments in the state and its use of deficit measures to make some generalisations to facilitate a broader understanding on fiscal position of state governments in India. He then, on the basis of computation of data on deficit measures in U.P. for 1979-91, discusses emerging liquidity and debt constraints in view of behaviours of: (1) revenue and operational deficits, (2) primary deficits, and (3) the real rate of interest. - Reproduced
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Articles
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Indian Institute of Public Administration | Volume no: 42, Issue no: 4 | Available | AR33672 |
Highlighting the proportion of States' budgets to the Central budget in India and the measures of deficit budget needed to understand fiscal stance of a state government, the author analyses trends in state governments' revenue deficits, based on relevant data for 1984-91. He discovers states' increasing tendency towards chronic revenue deficits and dis-savings. The author, focusing on Government of U.P., analyses fiscal and administrative developments in the state and its use of deficit measures to make some generalisations to facilitate a broader understanding on fiscal position of state governments in India. He then, on the basis of computation of data on deficit measures in U.P. for 1979-91, discusses emerging liquidity and debt constraints in view of behaviours of: (1) revenue and operational deficits, (2) primary deficits, and (3) the real rate of interest. - Reproduced
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