POLICE-Brutal Short-Cuts

debt 10 GDP ratios of 80 to 100 per cent sustainable.
The reduction in borrowing and tax to GDP ratios have adversely affected the growth of the centre's development expenditure, while its non-development expenditure has continued to rise at a rapid pace. The state governments' non-development expenditure too has risen rapidly, but the growth of their development expenditure has been faster than that of the centre. The average compound rate of growth of the centre's development expenditure dropped to 8.6 per cent per annum during per cent per annum in the quinquennium