Ujwal DISCOM Assurance Yojana (UDAY) required number of State governments to take over debt of power distribution companies in their books of accounts. Though this one time intervention made both debt...
On 19 Mar 2018 The core emphasis of rules-based fiscal legislation at the subnational level in India is to
achieve debt sustainability through a numerical ceiling on borrowing and the use of borrowed
resources for...
On 23 Jan 2017 In this paper it is examined whether a favourable fiscal rule had impact on fiscal balance but what lies behind a particular outcome in a rule based fiscal regime. Often time it is argued that fiscal...
On 30 Sep 2013 The important recommendations of the Thirteenth Finance Commission (THFC) can be categorised under the
following heads:
• Enhanced vertical devolution from 30.5 to 32 per cent of divisible pool of
...
On 31 Mar 2011 This paper examines the country specific effect of policy reform on infrastructure spending in
China and India. In China we have examined how marketization and decentralization has
affected the co...
On 10 Jan 2011 |