Financing Government Expenditure for Sustainable Development in India

34 Pages Posted: 6 Dec 2002

See all articles by E. A. S. Sarma

E. A. S. Sarma

Administrative Staff College of India

J V M Sarma

Hyderabad University, Department of Economics

Abstract

The study provides a detailed review of the past fiscal trends in India, analyzes the current fiscal situation at the Centre and the States and attempts to project the likely alternative scenarios for the future. The study identifies the possible corrective measures that need to be taken to ensure sustainable development. It shows that there is considerable scope for fiscal adjustment especially at the State and local levels. The study attempts to identify the sectors and activities in which the external assistance can be suitably leveraged to catalyze reforms. It also attempts to identify specific areas in which there is room for foreign direct investment that is needed to accelerate development.

Keywords: Goverment, Government finance, public expenditure, fiscal policy, tax policy, foreign investment

JEL Classification: E6, H1, H2, H3, H5, H6, H7, N1, 05

Suggested Citation

Sarma, E. A. S. and Sarma, Jana V.M., Financing Government Expenditure for Sustainable Development in India. Available at SSRN: https://ssrn.com/abstract=321461

E. A. S. Sarma

Administrative Staff College of India ( email )

Bella Vista
Hyderabad, Andhra Pradesh
India
91-40-3310952 (Phone)
91-40-3321401 (Fax)

Jana V.M. Sarma (Contact Author)

Hyderabad University, Department of Economics ( email )

Gachibowli
Hyderabad, Telangana 500046
India
+91 9866224789 (Phone)

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