000			02023nam a2200217Ia 4500
999			_c229068 _d229068
005			20220714194749.0
008			200208s9999 xx 000 0 und d
020			_a9780195698794
082			_a339.52 STA
100			_aRao, M.Govinda. (ed.)
245		0	_aState's fiscal management and regional equity
260			_aNew Delhi
260			_bOxford university press
260			_c2009
300			_a290 p.
365			_b9000
365			_dRS
520			_aThe states in India have a predominant role in advancing human development and a co-equal role with the central government in the provision of economic services. The condition of states' fiscal health, therefore, determines both the nature and quality of economic growth in the country. With contributions from leading fiscal experts, this volume presents an overview of the challenges of fiscal management faced by states and the national challenge of regional fiscal equity. It addresses a variety of issues related to state finances, regional developmental policies, and the design and implementation of intergovernmental transfers, including the National Rural Employment Guarantee Act. Using the latest data on federal-state finances, the essays analyse the impact of fiscal policies and institutions on inter-state disparities. Ironically, the states that are rich in resources are the least developed- while their resources are exploited for national benefit, they themselves have lagged behind due to inadequate compensation. The volume argues that realizing the developmental potential of the country will depend upon the fiscal management by the centre to create a common market and enable a level playing field for lagging states. Equally important is the latter's own efforts at raising revenues and efficiently managing resources. Addressing important policy concerns for ensuring sustainable and inclusive growth, this volume is an important contribution in the area of federal finance.
650			_aFiscal change-India
942			_cB _2ddc