000 02298nam a2200193Ia 4500
999 _c44492
_d44492
005 20220701172416.0
008 200204s9999 xx 000 0 und d
020 _a80170994586
082 _a338.9 Sha
100 _aShastri, Siddharth.
245 0 _aFinancing of state five year plans in India
260 _aNew Delhi
260 _bMittal Publishing.
260 _c1992
300 _a421 p.
520 _aNon-correspondence between allotted functions to each layer of governments and assigned source of revenues to perform them has become a characteristic feature of almost all federations of the world. India, being a federation is no exception. Because of the limited tax powers available to the States under the Constitution, their own resources fall short of their expenditure requirements for carrying out the assigned functions. Introduction of planning in the country has further widened this gap by adding to the States requirements of resources. The problem is particularly difficult in case of relatively backward States, like Rajasthan, where the need for accelerating the pace of economic development is much more pressing and hence a larger plan size is warranted. At the same time, capacity to raise resources is relatively less. The question of plan financing, therefore, assumes special significance for a backward State: This ploneering study attempts here to analyse the various sources of plan financing in Rajasthan over a period of sixteen years (1969-70 to 1984-85) and to explore the possibilities for further resources mobilisation. Basic concepts related to plan financing have been dealt with in detail to the benefit of those who are less familiar with them. In spite of the data limitation, comparison with other States has also been attempted. The technique of Marginal tax rate, Income elasticity of revenues and Multiple regression have been employed to adjudge the resource mobilisation efforts of Rajasthan vis-a-vis other States. The book will surely prove beneficial for post-graduate students. research scholars, planners, policy makers and for all those who are interested in provision of adequate financial resources to the state exchequer for implementation of larger and larger development plans.
650 _aEconomic policy
942 _cB
_2ddc