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Aspects of Centre State relations : Why Do the States Not Spend? An Exploration of the Phenomenon of Cash Surpluses and the FRBM Legislation
This paper investigates the unusual phenomenon of state governments currently maintaining large cash balances even as many important sectors call for substantial outlays. Is it a governance issue, as the union finance ministry makes it out to be, or is it something more fundamental affecting the fis...
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| Format: | Printed Book |
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Economic and Political Weekly December 2, 2006
2006
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| Online Access: | http://10.26.1.76/ks/002107.pdf |