Rajasthan: Public Finance and fiscal Policy

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: 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 : Main Features of budgets

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

Himachal Pradesh : Tax and Economic Reforms

Himachal Pradesh : Tax and Economic Reforms The economic liberalization in India , initiated in 1991, with principles of Liberalization , Privatization and Globalization (LPG) of the country’s economic policies, with the goal of making the economy more market and service-oriented and expanding the role of private and foreign investment. Specific changes include a reduction in import … Read more

Himachal Pradesh Public Finance and fiscal Policy

Himachal Pradesh Public Finance and fiscal Policy In public finance we study the finances of the Government. Thus, public finance deals with the question how the Government raises its resources to meet its ever-rising expenditure. As Dalton puts it, public finance is concerned with the income and expenditure of public authorities and with the adjustment … Read more

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