000			01053pab a2200157 454500
008			180718b2005 xxu||||| |||| 00| 0 eng d
245			_aADVERSE impact on states
260			_c2005
300			_ap.1302-308.
362			_a26 Mar
520			_aA number of measures in recent years have pushed the states to raise larger and larger resources from the market. The latest is a package of recommendations of the Twelfth Finance Commission, since accepted, which includes the states substituting for central loans with mobilisation from the market. Pushing the state governments to the market on such a sizeable scale for their plan finances may in the first place prevent them from mobilising the required resources, and, secondly, whatever they do mobilise may have to be done at higher interest cost. Overall, a greater dependence on the markets for loans is going to adversely affect the states' finances. - Reproduced.
650			_aTwelfth Finance Commission
650			_aPublic finance
773			_aEconomic and Political Weekly
909			_a64596
999			_c64596 _d64596