A STUDY ON DEFICIT AND DEBT SCENARIO OF NORTH EASTERN STATES OF INDIA

Dr. Ajit Kumar Dash; Dr. Sudhansu Sekhar Rath

Volume : VI, Issue : III, March - 2016

A STUDY ON DEFICIT AND DEBT SCENARIO OF NORTH EASTERN STATES OF INDIA

Dr. Ajit Kumar Dash, Dr. Sudhansu Sekhar Rath

Abstract :

 This paper is an attempt to observe deficit trend and debt to GSDP scenario of North Eastern States of India over a period twenty years i.e 1991–2010. It has been observed that the deficit burden of the NE states is because of different other types of non plan revenue expenditure other than the interest payment. Though the NE states are special category states and are getting more as grant than the loan from the central government still these states are unable to attain revenue sufficiency and going for debt the average of debt as a percentage of GSDP shows an increasing trend for the NE states which is negative from the view of point of revenue management and planning for developmental expenditure.