fiscal  deficit

Rajasthan: Public Finance and fiscal Policy

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Rajasthan: Public Finance and fiscal Policy Due to creation of huge liabilities in earlier years, State remains into revenue deficit and fiscal deficit also increase to 3.13 per cent of GSDP in the year 2014-15. During 2015-16, there was a revenue deficit of 5,954 crore and fiscal deficit was 9.38 per cent of GSDP (with UDAY … Read more Rajasthan: Public Finance and fiscal Policy

Rajasthan : Main Features of budgets

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Rajasthan : Main Features of budgets      The Minister of Finance of Rajasthan, Ms. Vasundhara Raje, presented the Budget for Rajasthan for the financial year 2016-17 on March 8, 2016.   The Gross State Domestic Product of Rajasthan for 2016-17 is estimated to be Rs 7,67,167 crore. This is 13.8% higher than the estimates … Read more Rajasthan : Main Features of budgets

Punjab Public Finance and fiscal Policy

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Punjab Public Finance and fiscal Policy:- Introduction Punjab economy was India’s leading state economy during the pre-reforms era, especially after the Green Revolution. Thus, Punjab acquired the status of being the most vibrant and prosperous state. Over a long period, Punjab remained at the first position in terms of per-capita income. The state has lost … Read more Punjab Public Finance and fiscal Policy