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

A+| A| A-

Response to Rakshit on the Finance Commission

Response to Rakshit on the Finance Commission Indira Rajaraman and 13% in the first two years, followed by 13.5% in the last three years, did not factor in the output gap in the pre-award year 2009-10.

and 13% in the rst two years, followed by 13.5% in the last three years, did not factor in the output gap in the pre-award year 2009-10. With underutilised resources and weak private demand, not only is a relatively large public investment required for closing the output gap, but such

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Or

To gain instant access to this article (download).


Pay
INR 59

(Readers in India)


Pay
$ 6

(Readers outside India)

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.