FRBM act and 11th plan approach paper
By: Srivastava, D. K.
Material type:
ArticlePublisher: 2006Description: p.4553-559.Subject(s): Eleventh five year plan | Economic planning - India | Economic planning
In:
Economic and Political WeeklySummary: This article argues that the time phasing problem highlighted in the approach paper to the Eleventh Plan is the outocome of specific assumptions used in the projections, which are not always justified. following the fiscal correction path releases resources for the revenue plan through falling interest payments and increases capital expenditure by allowing the permissible fiscal deficit to be fully used for that purpose. It gives the required balance in resources available for revenue plan and capital plan. The profiles of saving and investment make a growth rate of 8.5 to 9 percent achievable with in the plan period. This would be possible by adhering to the fiscal responsibility targets and not by compromising on them. - Reproduced.
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Volume no: 41, Issue no: 43-44 | Available | AR72574 |
This article argues that the time phasing problem highlighted in the approach paper to the Eleventh Plan is the outocome of specific assumptions used in the projections, which are not always justified. following the fiscal correction path releases resources for the revenue plan through falling interest payments and increases capital expenditure by allowing the permissible fiscal deficit to be fully used for that purpose. It gives the required balance in resources available for revenue plan and capital plan. The profiles of saving and investment make a growth rate of 8.5 to 9 percent achievable with in the plan period. This would be possible by adhering to the fiscal responsibility targets and not by compromising on them. - Reproduced.
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