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Public sector borrowings of select states: Issues and challenges

By: Gupta, Manish Md Azharuddin, S.K. and Mahesh, Malvika.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 60(18), May 3, 2025: p.84-90. In: Economic & Political WeeklySummary: The study has been undertaken at the instance of the Foreign, Commonwealth and Development Office of the Government of United Kingdom. The authors thank R Kavita Rao and Ajay N Jha for useful discussions and comments which greatly benefited the paper. The public sector borrowing requirements for select Indian states are ascertained, with the objective of deriving a realistic estimate. It is of the view that instead of focusing on a narrow definition of fiscal indicators like debt and deficit, a broader definition encompassing activities of the public sector would be useful in making fiscal policy realistic and more effective.- Reproduced https://www.epw.in/journal/2025/18/sixteenth-finance-commission/public-sector-borrowings-select-states.html
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Articles Articles Indian Institute of Public Administration
60(18), May 3, 2025: p.84-90 Available AR136046

The study has been undertaken at the instance of the Foreign, Commonwealth and Development Office of the Government of United Kingdom. The authors thank R Kavita Rao and Ajay N Jha for useful discussions and comments which greatly benefited the paper. The public sector borrowing requirements for select Indian states are ascertained, with the objective of deriving a realistic estimate. It is of the view that instead of focusing on a narrow definition of fiscal indicators like debt and deficit, a broader definition encompassing activities of the public sector would be useful in making fiscal policy realistic and more effective.- Reproduced

https://www.epw.in/journal/2025/18/sixteenth-finance-commission/public-sector-borrowings-select-states.html

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