ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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NDA and UPA Budgets

This article attempts to judge the fiscal performance of the UPA and NDA governments from the point of view of broad macro-fiscal indicators. On the tax front, the UPA deserves credit for improved performance but there are severe misgivings about the lower proportions being allocated to capital expenditure in key social and economic services. The fact that the UPA has not curbed subsidies and is spending higher proportions on administration than the NDA are some obvious flaws. The performance of the UPA is well below expectations.

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