Development Expenditures of the States in the Post-Liberalisation Period

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Notes

Zico Dasgupta

Vol. 47, Issue No. 34, 25 Aug, 2012

Development Expenditures of the States in the Post-Liberalisation Period

Vol. 47, Issue No. 34, 25 Aug, 2012

Notes

Zico Dasgupta

The states have witnessed a sharp fall in their shares of development expenditure in gross domestic product in the post-liberalisation period compared to the same in the 1980s, albeit with some recovery in recent years. This article attempts to analyse and explain such a trend against the backdrop of the constraints in the independent fi scal policymaking powers of the states.

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