Fiscal reforms in India since 1991: A critical assessment
By: Singh, Ajit Kumar.
Material type:
ArticlePublisher: 2004Description: p.733-745.Subject(s): Public finance
In:
Indian Journal of Public AdministrationSummary: The Government of India launched economic reforms in July 1991 with the objective of macro-economic stabilisation and acceleration of the rate of growth of the economy. The reform package, which marked a significant departure from the policy regime followed during the past 40 years, covered a number of policy dimensions including fiscal policy, trade policy, industrial policy, agricultural policy, foreign exchange management policy, among others. This article seeks to have a critical look at the fiscal reforms at the Central and State levels and examines the progress particularly in terms of the targets of fiscal deficits. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 50, Issue no: 3 | Available | AR63531 |
The Government of India launched economic reforms in July 1991 with the objective of macro-economic stabilisation and acceleration of the rate of growth of the economy. The reform package, which marked a significant departure from the policy regime followed during the past 40 years, covered a number of policy dimensions including fiscal policy, trade policy, industrial policy, agricultural policy, foreign exchange management policy, among others. This article seeks to have a critical look at the fiscal reforms at the Central and State levels and examines the progress particularly in terms of the targets of fiscal deficits. - Reproduced.
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