Publication:
Stabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 1. Executive Summary and Main Report

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dc.contributor.authorWorld Bank
dc.date.accessioned2014-01-31T19:57:35Z
dc.date.available2014-01-31T19:57:35Z
dc.date.issued2004-05-10
dc.description.abstractIndia, home to more than one billion people, has experienced rapid growth over the past decade, averaging about six percent per year between 1992/93 and 2003/04. The agenda backed in this report is one that receives widespread support from both the central and state governments in India. The fiscal stress of the late nineties gave rise to an intense state-level reform effort. Six years on, this report documents the many initiatives undertaken by the states to restore fiscal sustainability, and become more effective agents of development. It outlines successes, lessons learnt, and highlights further challenges, on both the expenditure side (chapter two) and the revenue side (chapter three). It also looks at the incentive framework within which the states operate (chapter four), and asks whether there is a feasible reform package that will take the states not only out of fiscal crisis, but strengthened to meet the development challenges which confront them. This chapter provides the context for what follows by outlining the role and increasingly divergent performance of the state governments (section two), and then in turn, the genesis of the fiscal crisis (section three), its developmental impact (section four), the reform response of the state and central governments (section five), and the reform challenges facing the states today (section six). Although associated with an increase in public spending, the fiscal crisis weakened the developmental and poverty impact of state governments, especially in the poorer states; it also called into question India's overall fiscal sustainability. This report is written to help share the lessons and success-stories to date, and to assist states and the central government in implementing the national agenda of state-level fiscal stabilization and empowerment. Given the low levels and the worrying recent trends in both the quantity of expenditure in priority expenditure areas, and the quality of expenditure across the board, there is an urgent need for expenditure restructuring to free up fiscal resources and for reforms to improve the quality of spending. Focus in this chapter on areas where expenditure can be cut rather than where it should be increased is not because we think there are no areas of underfunding. However, which particular areas should be increased, and by how much, will likely vary from state to state, depending on initial conditions, and identified priorities. The areas where savings can be made have much more in common across states, and so are the focuses of this report.en
dc.identifierhttp://documents.worldbank.org/curated/en/2004/05/18526102/stabilization-fiscal-empowerment-twin-challenges-facing-indias-states-vol-1-2-executive-summary-main-report
dc.identifier.doi10.1596/16776
dc.identifier.urihttps://hdl.handle.net/10986/16776
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectAGGREGATE EXPENDITURE
dc.subjectAGGREGATE FISCAL
dc.subjectAGGREGATE LIMITS
dc.subjectALLOCATION
dc.subjectARREARS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBALANCE OF PAYMENTS CRISIS
dc.subjectBALANCE-OF-PAYMENTS CRISIS
dc.subjectBANKRUPTCY
dc.subjectBUDGET CONSTRAINTS
dc.subjectBUDGET ESTIMATES
dc.subjectBUDGET PERIOD
dc.subjectBUDGETARY PROCESS
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL PROJECTS
dc.subjectCAPITAL SPENDING
dc.subjectCD
dc.subjectCENTRAL CONTROLS
dc.subjectCENTRAL GOVERNMENT
dc.subjectCENTRAL GOVERNMENT GUARANTEE
dc.subjectCIVIL SERVANTS
dc.subjectCIVIL SERVICE
dc.subjectCLAIMANTS
dc.subjectCOST RECOVERY
dc.subjectCOST-RECOVERY
dc.subjectCREDIBILITY
dc.subjectCREDIT RATING
dc.subjectCREDITOR
dc.subjectCREDITWORTHINESS
dc.subjectCURRENCY
dc.subjectCYCLICAL FACTORS
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDEBT LEVELS
dc.subjectDEBT LIMIT
dc.subjectDEBT RATIO
dc.subjectDEBT SERVICE
dc.subjectDEBT SERVICES
dc.subjectDEBT SERVICING
dc.subjectDEBT STOCK
dc.subjectDEBT STOCKS
dc.subjectDECENTRALIZATION
dc.subjectDECISION-MAKING
dc.subjectDECISION-MAKING PROCESSES
dc.subjectDEFICIT REDUCTION
dc.subjectDEFICIT REDUCTION TARGETS
dc.subjectDEVELOPING COUNTRY
dc.subjectDISCOUNT RATES
dc.subjectDOMESTIC BORROWING
dc.subjectECONOMIC GROWTH
dc.subjectEDUCATION EXPENDITURES
dc.subjectEFFECTIVENESS OF GOVERNMENT
dc.subjectEFFECTIVENESS OF GOVERNMENT SPENDING
dc.subjectEFFICIENCY GAINS
dc.subjectENABLING ENVIRONMENT
dc.subjectEXPENDITURE CATEGORIES
dc.subjectEXPENDITURE CUTS
dc.subjectEXPENDITURE GROWTH
dc.subjectEXPENDITURE ISSUES
dc.subjectEXPENDITURE ITEM
dc.subjectEXPENDITURE PRODUCTIVITY
dc.subjectEXPENDITURE RESPONSIBILITIES
dc.subjectEXPENDITURES
dc.subjectEXTERNAL FUNDING
dc.subjectFINANCES
dc.subjectFINANCIAL ACCOUNTABILITY
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL REPRESSION
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL ADJUSTMENTS
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL COSTS
dc.subjectFISCAL CRISIS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICIT TARGET
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL FEDERALISM
dc.subjectFISCAL FRAMEWORK
dc.subjectFISCAL HEALTH
dc.subjectFISCAL IMBALANCES
dc.subjectFISCAL IMPACT
dc.subjectFISCAL PERFORMANCE
dc.subjectFISCAL POLICY
dc.subjectFISCAL REFORM
dc.subjectFISCAL REFORMS
dc.subjectFISCAL SAVINGS
dc.subjectFISCAL STABILIZATION
dc.subjectFISCAL STANCE
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFISCAL SYSTEM
dc.subjectFISCAL TARGETS
dc.subjectFISCAL VULNERABILITY
dc.subjectGOVERNMENT BORROWING
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT GRANTS
dc.subjectGOVERNMENT GUARANTEE
dc.subjectGOVERNMENT GUARANTEES
dc.subjectGOVERNMENT LIABILITIES
dc.subjectGOVERNMENT PERFORMANCE
dc.subjectGOVERNMENT SPENDING
dc.subjectGOVERNMENT SUBSIDY
dc.subjectGOVERNMENT SUPPORT
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHARD BUDGET CONSTRAINTS
dc.subjectHEALTH EXPENDITURES
dc.subjectHEALTH SECTOR
dc.subjectHIGHER DEFICITS
dc.subjectHIGHER EXPENDITURE
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN RESOURCES
dc.subjectIMPLICIT SUBSIDIES
dc.subjectINFLATION
dc.subjectINITIAL DEBT
dc.subjectINTEREST BURDEN
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE REGIME
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT REGIME
dc.subjectLENDERS
dc.subjectLEVIES
dc.subjectLIABILITY
dc.subjectLIQUIDITY
dc.subjectLOAN
dc.subjectLOCAL MARKET
dc.subjectLOTTERY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARGINAL REDUCTION
dc.subjectMARKET BORROWING
dc.subjectMARKET FORCES
dc.subjectMARKET PRICES
dc.subjectMERIT GOOD
dc.subjectNET PRESENT VALUE
dc.subjectPENSION
dc.subjectPENSION SCHEME
dc.subjectPENSION SYSTEM
dc.subjectPENSIONS
dc.subjectPERFORMANCE MEASUREMENT
dc.subjectPOLITICAL ECONOMY
dc.subjectPOVERTY IMPACT
dc.subjectPOVERTY REDUCTION
dc.subjectPRIMARY DEFICITS
dc.subjectPRIVATE SECTOR
dc.subjectPROGRAMS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC EDUCATION
dc.subjectPUBLIC ENTERPRISE
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE MANAGEMENT
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC HOSPITALS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC TRANSPORT
dc.subjectPUT OPTIONS
dc.subjectQUALITY OF PUBLIC SPENDING
dc.subjectQUALITY SERVICE
dc.subjectQUALITY STANDARDS
dc.subjectREAL GROWTH
dc.subjectRECURRENT EXPENDITURE
dc.subjectRECURRENT EXPENDITURES
dc.subjectREFORM AGENDA
dc.subjectREFORM EFFORTS
dc.subjectREFORM PROGRAM
dc.subjectREFORM PROJECT
dc.subjectRESERVE
dc.subjectRESERVE BANK
dc.subjectRETURN
dc.subjectREVENUE GROWTH
dc.subjectREVENUE INCREASES
dc.subjectREVENUE POLICY
dc.subjectROAD MAINTENANCE
dc.subjectSALES TAX
dc.subjectSALES TAXES
dc.subjectSELF-ASSESSMENT
dc.subjectSERVICE DELIVERY
dc.subjectSERVICE PROVIDERS
dc.subjectSERVICE PROVISION
dc.subjectSOCIAL INDICATORS
dc.subjectSOCIAL OUTCOMES
dc.subjectSOCIAL WELFARE
dc.subjectSPENDING LEVELS
dc.subjectSTAMP DUTY
dc.subjectSTATE GOVERNMENT
dc.subjectSTATE GOVERNMENTS
dc.subjectSTATE HIGHWAYS
dc.subjectSTATE TAX
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectSTRUCTURAL REFORMS
dc.subjectSUB-NATIONAL GOVERNMENTS
dc.subjectSWAPS
dc.subjectTAX ADMINISTRATION
dc.subjectTAX ADMINISTRATION REFORMS
dc.subjectTAX BASE
dc.subjectTAX EVASION
dc.subjectTAX INCENTIVES
dc.subjectTAX POLICY
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEM
dc.subjectTAX SYSTEMS
dc.subjectTOTAL EXPENDITURE
dc.subjectTOTAL SPENDING
dc.subjectTRANSPARENCY
dc.subjectTYPES OF REFORMS
dc.subjectVERTICAL IMBALANCE
dc.titleStabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 1. Executive Summary and Main Reporten
dspace.entity.typePublication
okr.date.disclosure2013-11-19
okr.date.doiregistration2025-05-07T08:48:42.193289Z
okr.doctypeEconomic & Sector Work::Other Infrastructure Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2004/05/18526102/stabilization-fiscal-empowerment-twin-challenges-facing-indias-states-vol-1-2-executive-summary-main-report
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid439201468043491482
okr.guid602061468040592599
okr.identifier.externaldocumentum000356161_20131119130252
okr.identifier.internaldocumentum18526102
okr.identifier.report82686
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/11/19/000356161_20131119130252/Rendered/PDF/826860ESW0v10I00Box379870B00PUBLIC0.pdfen
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.topicPublic Sector Expenditure Policy
okr.topicMacroeconomics and Economic Growth::Subnational Economic Development
okr.topicPublic Sector Management and Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Economics
okr.topicPublic Sector Development
okr.unitEcon. Policy & Poverty Sector (SASEP)
okr.volume1 of 2
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