Volume : IV, Issue : VI, June - 2014

Trends and Composition of Central Government Finances of India: Pre and Post–Reform Analysis

Kalkikumar S. Soni

Abstract :

In India the public expenditure and revenue policies has been assigned a key role in the economic development and growth process.However, theycould also have detrimental ramification if obscurely managed. Thus, the nature and degree of this expenditure and revenue pattern determine the overall quality of the government finances in India. This paper examines the trends and compositional changes in expenditure and revenue pattern of the central government of India during 1970–71 to 2010–11. This period is further divided into in the pre–reform and post–reform period.Study concluded thatas a result of reform measures, expenditure has grown at a lower rate in the post reform period than pre–reform period. However, on the revenue side reforms measures have not resulted into significant improvement in the revenue receipt as the growth of revenue receipts in the post–reform period has remained less than the pre–reform period.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Kalkikumar S. Soni Trends and Composition of Central Government Finances of India: Pre and Post-Reform Analysis Indian Journal of Applied Research, Vol.IV, Issue.VI June 2014

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