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Twelfth Finance Commission and States' debt burden

By: Gurumurthi, S.
Material type: materialTypeLabelArticlePublisher: 2002Description: p.4135-142.Subject(s): Public finance - India | Public finance In: Economic and Political WeeklySummary: Both the Tenth and the Eleventh Finance Commissions formulated certain schemes for debt relief to the states which, however, were not sufficient to deal with the magnitude of the problem. It is necessary that this issue be addressed more seriously while drafting the terms of reference of the Twelfth Finance Commission - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 37, Issue no: 40 Available AR54494

Both the Tenth and the Eleventh Finance Commissions formulated certain schemes for debt relief to the states which, however, were not sufficient to deal with the magnitude of the problem. It is necessary that this issue be addressed more seriously while drafting the terms of reference of the Twelfth Finance Commission - Reproduced.

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