000			00994pab a2200157 454500
008			180718b2002 xxu||||| |||| 00| 0 eng d
100			_aKarnik, Ajit
245			_aFiscal policy and growth
260			_c2002
300			_ap.829-31
362			_a2 Mar
520			_aCan fiscal policy play a key role in the revival of the economy? The problem is that this question has had to be posed in the context of deteriorating fiscal balances of the centre and the states, whose combined deficit is today slightly worse after 10 years of reform. The states' gross fiscal deficit has deteriorated significantly. It is absolutely necessary, therefore, for the centre to be seen to be fiscally prudent, which will be a signal to the states of the centre's seriousness in regard to fiscal management. A contrary signal will undermine any restraint that the centre can bring to bear on the states. - Reproduced.
650			_aFiscal policy
773			_aEconomic and Political Weekly
909			_a51370
999			_c51370 _d51370