Studies in Indian Public Finance (Hardcover) (ISBN-13: 9780192849601)

Studies in Indian Public Finance is a comprehensive analytical study of Indian public finance evaluated in the background of theories and best practice approaches. It is a comprehensive analysis of the nature and composition of public spending and its financing. Beginning with normative questions on the role of the State, the book argues that public expenditure policies in India are dominated by political economy considerations.

Low revenue productivity of the tax system has constrained the ability of the government to adequately finance physical and social infrastructure at required levels causing elevated levels of large deficits and debt threatening stability, and sustainability. The book also analyses the trends and issues in Indian fiscal federalism and evaluates the effectiveness of intergovernmental transfers in a country marked with wide inter-regional disparities. The analysis also extends to the devastating effects of the COVID-19 pandemic on Indian public finances. The book will be useful to students of economics, scholars working on the subject, and policy makers.

Author: M. Govinda Rao
ISBN-10: 0192849603
ISBN-13: 9780192849601
Publisher: Oxford University Press, USA
Language: English
Published: 12/19/2022
Pages: 272
Format: Hardcover
Weight: 1.02lbs
Size: 8.50h x 5.50w x 0.63d