Threshold level of fiscal deficit: revisiting FRBMA limit in Indian states
Threshold level of fiscal deficit: revisiting FRBMA limit in Indian states
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New Delhi: Springer India
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English
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New Delhi: Springer India
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This paper examines whether the fiscal deficit limit of 3% as prescribed by the FRBMA is justified keeping in mind the increasing spending requirement and economic growth of Indian states? The study uses a panel data framework of taking sixteen non-special category states of India for the period over 2001–2002 to 2016–2017. This paper is the first...
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Threshold level of fiscal deficit: revisiting FRBMA limit in Indian states
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TN_cdi_proquest_journals_2932491947
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2932491947
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ISSN
0972-5792
E-ISSN
2199-6873
DOI
10.1007/s40847-020-00100-6