ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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On the Inflationary Impact of Budget Deficit

Mihir Rakshit There is no simple rule to assess the impact of deficit financing. A good deal regarding the scale and composition of the Budget must be known before its inflationary potential can be analysed. The paper examines the complexities of assessing the impact of deficit financing in the Indian context, and is intended to serve as a guide for such exercise.

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