01374pab a2200181 454500008004000000100001800040245006800058260000900126300001500135362001200150520082900162650002000991773004401011908000601055909001001061999001701071952010401088180718b2004   xxu||||| |||| 00| 0 eng d  aAgarwal, U.C.  aLack of fiscal discipline and heavy borrowings affecting growth  c2004  ap.549-564.  aJul-Sep  aThe growing fiscal and revenue deficit have been a matter of concern for successive finance ministers. High debt servicing costs, escalating level of borrowings to finance government expenditure and paucity of resources for development purposes call for some strict and urgent steps to enforce discipline in handling of the economy. The condition of states' finances is still more pathetic. This article takes a systematic stock of the prevailing ills in our fiscal management at the Central as well as state government level. The fiscal Responsibility and Budget Management Act has laid down deadlines for reducing fiscal and revenue deficit. One hopes that this task will be taken up in all earnestness before things go further out of control and call for some harsh measures to sustain the national economy. - Reproduced.  aEconomic growth  aIndian Journal of Public Administration  aN  a63067  c63067d63067  00104070aIIPAbIIPAd2018-07-19hVolume no: 50, Issue no: 3pAR63517r2018-07-19w2018-07-19yAR