Updated on 29 April 2000

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UP Budget 2000-2001

Commentary

Vol. 35, Issue No. 18, 29 Apr, 2000

Updated on 29 April 2000

Ajit Kumar Singh

Fiscal profligacy is driving the state of Uttar Pradesh into a debt trap. When the state government borrows to meet current expenditure, there is little it can spare for development expenditure as recent budgets show.

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