01110pab a2200193 454500008004000000100002500040245004300065260000900108300001500117362001200132520055000144650002900694650001200723773004400735908000600779909001000785999001700795952010400812180718b2004 xxu||||| |||| 00| 0 eng d aPai Panandiker, D.H. aFiscal management for balanced budgets c2004 ap.575-579. aJul-Sep aThe Fiscal Responsibility and Budget Management (FRBM) Act of 2003 has changed the total perspective for budget making. The finance ministers henceforth will be bound to the targets laid down which will bring back some balance in the budgets which recently had taken the Central Government almost to the brink of bankruptcy. Many state governments are not yet free from the impending fiscal disaster. The article touches upon the reasons for uncontrolled fiscal deficit and suggests measures that can help in arresting this menace. - Reproduced. aFinancial administration aBudgets aIndian Journal of Public Administration aN a63069 c63069d63069 00104070aIIPAbIIPAd2018-07-19hVolume no: 50, Issue no: 3pAR63519r2018-07-19w2018-07-19yAR