ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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A Critique of the N K Singh Committee Report

Debt Targets Built on Quicksand

Despite being an improvement on the ad hoc and restrictive Fiscal Responsibility and Budget Management framework, the N K Singh Committee report suffers from some shortcomings. A short critique of the report’s framing is presented, suggesting that the report is insufficiently attentive to the considerations of macroeconomic coordination. There is a case for increased fiscal spending that runs counterto the recommendations of the committee.



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Updated On : 1st Nov, 2017

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