000 01089pab a2200181 454500
008 180718b2009 xxu||||| |||| 00| 0 eng d
100 _aRao, M. Govinda
245 _aThe fiscal situation and a reform agenda for the new government
260 _c2009
300 _ap.77-85.
362 _a20 Jun
520 _aThe fiscal situation of the central government is worrisome. the problem is largely structural and not cyclical. Indeed, the slowdown of the economy has only partly contributed to the deterioration in 2008-09. The new government at the centre is faced with the formidable challenge of containing the worrisome fiscal deficit, while continuing to provide a stimulus necessary to revive the economy. It also has to institute a restructuring programme towards achieving fiscal consolidation in the medium term. Such a programme should draw lessons from the past and design a plan for the centre as well as the states. - Reproduced.
650 _aPublic finance - India
650 _aPublic finance
773 _aEconomic and Political Weekly
908 _aN
909 _a82867
999 _c82867
_d82867