ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Law on Fiscal Responsibility and Budget Management

With the changes suggested by the standing committee of parliament on finance, the revised fiscal responsibility and budget management bill will be a dead letter and will have no impact whatsoever in terms of either inculcating fiscal responsibility or improving budget management. With the central government adopting a lukewarm attitude to enacting a meaningful fiscal responsibility and budget transparency law, there is a growing feeling among the states that there is no level playing field between them and the centre so far as managing their finances is concerned.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top