000			01074nam a22001337a 4500
999			_c533222 _d533222
008			260430b ||||| |||| 00| 0 eng d
100			_aDas, Surajit _960339
245			_a Union Budget 2026–27: A Note on Public Finance in India
260			_aEconomic & Political Weekly
300			_a61(14), Apr 4, 2026: p.57-61
520			_aThe interest payment component on past debt of the government as a proportion of gross domestic product is extremely high in India. This is primarily because of the very high effective interest rate on government borrowings. This can be reduced by changing the composition of the ownership of the government securities in the country. This is important for ensuring larger fiscal space for enhancing public spending on the social sector and capital expenditures. Developmental expenditures may be prioritised over ensuring an assured return of 7% to the domestic capital market in India.-Reproduced https://www.epw.in/journal/2026/14/budget-2026-27/union-budget-2026-27.html
773			_aEconomic & Political Weekly
942			_cAR