Bhattacharjee, Govind and Agarwal, Meghna

An index of public financial management by Indian states - Economic & Political Weekly - 59(42), Oct, 19, 2024: p.51-54

In India’s federal financial structure, the management of the public finances of the states is equally, if not more, important than the public financial management of the union. The article presents a composite index of public financial management by assimilating various important indicators over the last 10 years. All states have been ranked according to this index on their performance. Such work assumes importance in the context of increased spending by some states on populist measures beyond sustainable limits, and the increasing indebtedness of certain states. – Reproduced

https://www.epw.in/journal/2024/42/insight/index-public-financial-management-indian-states.html