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Special Category States of India$
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Govind Bhattacharjee

Print publication date: 2016

Print ISBN-13: 9780199460830

Published to Oxford Scholarship Online: April 2016

DOI: 10.1093/acprof:oso/9780199460830.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 20 October 2021

Public Finances of Special Category States

Public Finances of Special Category States

(p.393) 9 Public Finances of Special Category States
Special Category States of India

Govind Bhattacharjee

Oxford University Press

This chapter contains detailed analysis of public finances of the special category states during the ten year period i.e., 2000– 01 to 2010–11, in order to assess the impact of sustained Central funding of these states. Discussing the intricacies of Government finances, the chapter then proceeds to assess the financial management of special category states in respect of each of the four major areas: resource, expenditure, debt and deficit, using a set of indicators for each of these areas. These states are among the most heavily indebted states of India; the chapter also examines the sustainability of their debt as well as sustainability, flexibility, and vulnerability of their finances. The chapter then constructs independent indices in respect of resource management, expenditure management, debt management, and deficit management and combines these indices to create a composite index to measure and rank these states according to their performance in relation to their management of public finances.

Keywords:   Tax and Non-Tax Revenue, Own Tax Revenue, Revenue Expenditure, Capital Outlay, Developmental and Non-Developmental Expenditure, Debt: GSDP Ratio, National Small savings Fund, Debt Consolidation and Relief Facility, Revenue Deficit, Gross Fiscal Deficit, Primary Deficit, Buoyancy

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