State level fiscal reforms in the Indian economy / edited by D. K. Srivastava and M. Narasimhulu vol.1

State level economic reforms constitute part and parcel of the new economic policy, i.e., liberalisation, privatisation and globalisation. The economic reforms were introduced in India since July 1991. In course of time, state governments have also initiated economic reforms. The important objectives of state level reforms comprise fiscal consolidation consistent with macro economic stability, development with a human face, reduction of fiscal deficits, and disinvestment of loss making public enterprises. To achieve these objectives implementation of fiscal reforms is a must. In the light of these objectives, many states have initiated fiscal reforms resulting in changes in the expenditure patterns, rationalisation of tax rates, and disposal of loss-making public enterprises. This book, which is being published in 2 Volumes covers some of these issues, which will be useful to the scholars, policy makers, economists, and the general public.

This book titled State Level Fiscal Reforms in the Indian Economy is the result of the selected papers presented and discussed by the scholars at the 85th Annual Conference of the Indian Economic Association held at Thiruvananthapuram in December 2002 under the auspices of the Kerala University. The Technical Session on State Level Fiscal Reforms was chaired by Dr. D.K. Srivastava of National Institute of Public Finance and Policy, New Delhi and Prof. M. Narasimhulu of the Department of Economics, Osmania University, Hyderabad who acted as the co chairman of the session. The book is divided into two volumes.