Rajasthan: Public Finance and fiscal Policy

Rajasthan: Public Finance and fiscal Policy Due to creation of huge liabilities in earlier years, State remains into revenue deficit and fiscal deficit also increase to 3.13 per cent of GSDP in the year 2014-15. During 2015-16, there was a revenue deficit of 5,954 crore and fiscal deficit was 9.38 per cent of GSDP (with UDAY … Read more Rajasthan: Public Finance and fiscal Policy

Rajasthan : Main Features of budgets

Rajasthan : Main Features of budgets      The Minister of Finance of Rajasthan, Ms. Vasundhara Raje, presented the Budget for Rajasthan for the financial year 2016-17 on March 8, 2016.   The Gross State Domestic Product of Rajasthan for 2016-17 is estimated to be Rs 7,67,167 crore. This is 13.8% higher than the estimates … Read more Rajasthan : Main Features of budgets

Jammu and Kashmir : Public finance and fiscal policy

Jammu and Kashmir : Public finance and fiscal policy   Jammu and Kashmir is one of the ten special category states of the country. The state has not been able to generate sufficient revenue from its own resources and has been facing serious financial problems. The problem became all the more serious due to the … Read more Jammu and Kashmir : Public finance and fiscal policy