Publication:
Policy Note on the Unfinished Fiscal Reform Agenda in Indian States

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dc.contributor.authorWorld Bank
dc.date.accessioned2013-02-19T22:09:21Z
dc.date.available2013-02-19T22:09:21Z
dc.date.issued2008-06
dc.description.abstractBoth central and state governments have carried out significant correction of financial imbalances since 2000, through the implementation of fiscal reforms including enactment of fiscal responsibility (FR) acts. However, the improvement in the finances of all states in aggregate hides wide disparities between them. Some state governments are already on a sustainable path while some others are far from it. Some have complied with their Fiscal Responsibility acts both in letter and spirit, while others have accumulated off-budget liabilities to unsustainable levels, circumventing the FR acts, which did not specify caps on such liabilities. Moreover, fiscal correction by an Indian state is only a means to an end. The end that is, achievement of development goals-depends on how fiscal space is used, or how efficiently the money is spent to produce outputs and the desired outcomes. A strong fiscal performance will lead both to an improvement in the overall balance via improved structure of revenue and expenditures, with incentives in place to ensure sustained fiscal improvement, and better outcomes associated with budget outlays. Note one examines progress with overall fiscal correction by Indian states during 2000-06. Note two presents case studies of fiscal adjustment experience in three selected states. Finally, note three illustrates how expenditure efficiency could be measured so as to address the challenge of translating outlays to outcomes.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/06/16259465/policy-note-unfinished-fiscal-reform-agenda-indian-states
dc.identifier.doi10.1596/12398
dc.identifier.urihttps://hdl.handle.net/10986/12398
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.subjectABSENTEEISM
dc.subjectACCOUNTABILITY FOR RESULTS
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE REFORMS
dc.subjectAGGREGATE BUDGET
dc.subjectANNUAL BUDGET
dc.subjectANNUAL DEFICIT
dc.subjectANNUAL REPORT
dc.subjectANNUAL TARGETS
dc.subjectAPPROPRIATION
dc.subjectARREARS
dc.subjectBANK POLICY
dc.subjectBLOCK GRANTS
dc.subjectBUDGET ALLOCATION
dc.subjectBUDGET CONSTRAINT
dc.subjectBUDGET DOCUMENTS
dc.subjectBUDGET MANAGEMENT
dc.subjectBUDGET SUPPORT
dc.subjectBUDGETARY RESOURCES
dc.subjectBUDGETING
dc.subjectCAPITAL BUDGET
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL OUTLAY
dc.subjectCAPITAL SPENDING
dc.subjectCASH BALANCES
dc.subjectCASH DEFICIT
dc.subjectCENTRAL AUTHORITIES
dc.subjectCENTRAL FUNDS
dc.subjectCENTRAL GOVERNMENT
dc.subjectCIVIL SERVICE
dc.subjectCIVIL SERVICE PAY
dc.subjectCONSTRAINED RESOURCE
dc.subjectCONTINGENT LIABILITIES
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORRUPTION
dc.subjectCREDIT RATING
dc.subjectCREDIT RATING AGENCIES
dc.subjectCREDITWORTHINESS
dc.subjectCURRENT ACCOUNT
dc.subjectDEBT
dc.subjectDEBT CONSOLIDATION
dc.subjectDEBT LEVEL
dc.subjectDEBT OVERHANG
dc.subjectDEBT RELIEF
dc.subjectDEBT RESTRUCTURING
dc.subjectDEBT SERVICING
dc.subjectDEBT STOCK
dc.subjectDEBT SUSTAINABILITY
dc.subjectDEBT SWAP
dc.subjectDEBTS
dc.subjectDEFAULTERS
dc.subjectDEFICIT REDUCTION
dc.subjectDEFICITS
dc.subjectDEGREE OF RISK
dc.subjectDISCLOSURE OF INFORMATION
dc.subjectDOMESTIC CAPITAL
dc.subjectDOMESTIC CAPITAL MARKET
dc.subjectECONOMIC CLASSIFICATION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC GROWTH RATES
dc.subjectEDUCATION SPENDING
dc.subjectEFFICIENCY IMPROVEMENTS
dc.subjectEFFICIENCY IN PUBLIC SPENDING
dc.subjectEFFICIENCY OF PUBLIC SPENDING
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE CUTS
dc.subjectEXPENDITURES
dc.subjectEXTERNAL ASSISTANCE
dc.subjectFINANCE MINISTRY
dc.subjectFINANCES
dc.subjectFINANCIAL ACCOUNTABILITY
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL POSITION
dc.subjectFINANCIAL SUPPORT
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL BALANCE
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL CRISIS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DISCIPLINE
dc.subjectFISCAL HEALTH
dc.subjectFISCAL INCENTIVES
dc.subjectFISCAL MANAGEMENT
dc.subjectFISCAL OUTCOMES
dc.subjectFISCAL PERFORMANCE
dc.subjectFISCAL POLICY
dc.subjectFISCAL POSITION
dc.subjectFISCAL PRESSURES
dc.subjectFISCAL REFORM
dc.subjectFISCAL REFORMS
dc.subjectFISCAL RISKS
dc.subjectFISCAL STABILITY
dc.subjectFISCAL STANCE
dc.subjectFISCAL SUSTAINABILITY
dc.subjectGOLDEN RULE
dc.subjectGOVERNMENT GRANTS
dc.subjectGOVERNMENT SPENDING
dc.subjectGROWTH RATE
dc.subjectHARD BUDGET CONSTRAINT
dc.subjectHEALTH EXPENDITURE
dc.subjectHEALTH OUTCOMES
dc.subjectHEALTH SERVICES
dc.subjectHEALTH SPENDING
dc.subjectHUMAN DEVELOPMENT
dc.subjectIMMOVABLE PROPERTY
dc.subjectINCOME LEVEL
dc.subjectINFLATION
dc.subjectINFORMATION DISCLOSURE
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINTEREST BURDEN
dc.subjectINTEREST EXPENDITURE
dc.subjectINTEREST EXPENDITURES
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATE
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINVESTING
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT PROJECTS
dc.subjectISSUANCE
dc.subjectISSUANCE OF GUARANTEES
dc.subjectLEGAL AGREEMENTS
dc.subjectLENDERS
dc.subjectLEVEL OF DEBT
dc.subjectLIABILITY
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY CONSTRAINTS
dc.subjectLIQUIDITY PROBLEMS
dc.subjectLOAN
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET PRICE
dc.subjectMEDIUM-TERM FISCAL PLAN
dc.subjectMINISTRY OF FINANCE
dc.subjectMONEY TERMS
dc.subjectNATIONAL GOVERNMENT
dc.subjectNET LENDING
dc.subjectOUTPUT DATA
dc.subjectOUTSTANDING DEBT
dc.subjectPAYMENT DEFAULT
dc.subjectPENSION
dc.subjectPENSIONS
dc.subjectPOLICY DECISIONS
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL STABILITY
dc.subjectPORTFOLIO
dc.subjectPOVERTY REDUCTION
dc.subjectPRIVATE INVESTMENT
dc.subjectPROCUREMENT PROCESS
dc.subjectPROGRAMS
dc.subjectPROVISION OF GOODS
dc.subjectPUBLIC AWARENESS
dc.subjectPUBLIC EDUCATION
dc.subjectPUBLIC ENTERPRISE
dc.subjectPUBLIC ENTERPRISE REFORM
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE EFFICIENCY
dc.subjectPUBLIC EXPENDITURE MANAGEMENT
dc.subjectPUBLIC HEALTH
dc.subjectPUBLIC MONEY
dc.subjectPUBLIC PROCUREMENT
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR EMPLOYEES
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC WORKS
dc.subjectQUALITY OF PUBLIC SPENDING
dc.subjectREFORM AGENDA
dc.subjectREFORM PLAN
dc.subjectREFORM PROGRAM
dc.subjectREGISTRATION FEES
dc.subjectRESERVE
dc.subjectRESERVE BANK
dc.subjectRESOURCE ALLOCATIONS
dc.subjectRESOURCE CONSTRAINTS
dc.subjectRETURNS
dc.subjectREVENUE GROWTH
dc.subjectRISK SHARING
dc.subjectROAD TRANSPORT
dc.subjectSALES TAX
dc.subjectSERVICE DELIVERY
dc.subjectSOCIAL SERVICE
dc.subjectSOCIAL SERVICES
dc.subjectSOCIAL WELFARE
dc.subjectSPENDING LEVELS
dc.subjectSTAMP DUTIES
dc.subjectSTAMP DUTY
dc.subjectSTATE BUDGET
dc.subjectSTATE ENTERPRISES
dc.subjectSTATE GOVERNMENT
dc.subjectSTATE GOVERNMENTS
dc.subjectSTATE GUARANTEE
dc.subjectSTATE GUARANTEES
dc.subjectSTATE TAX
dc.subjectSTATE TAXES
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX BASE
dc.subjectTAX COLLECTIONS
dc.subjectTAX EFFORT
dc.subjectTAX EVASION
dc.subjectTAX INCIDENCE
dc.subjectTAX POLICY
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEM
dc.subjectTAXPAYERS
dc.subjectTOTAL EXPENDITURE
dc.subjectTOTAL SPENDING
dc.subjectTRADE UNION
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTREASURY BILLS
dc.subjectUNSECURED LOANS
dc.subjectWAGE EXPENDITURE
dc.subjectWAGE EXPENDITURES
dc.titlePolicy Note on the Unfinished Fiscal Reform Agenda in Indian Statesen
dspace.entity.typePublication
okr.date.disclosure2012-05-04
okr.date.doiregistration2025-05-07T12:22:13.496960Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2008/06/16259465/policy-note-unfinished-fiscal-reform-agenda-indian-states
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid703811468040739739
okr.identifier.externaldocumentum000333037_20120508011105
okr.identifier.internaldocumentum16259465
okr.identifier.report68542
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/05/08/000333037_20120508011105/Rendered/PDF/685420ESW0WHIT0nished0Fiscal0Reform.pdfen
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.sectorPublic Administration, Law, and Justice :: Sub-national government administration
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.topicPublic Sector Economics
okr.topicMacroeconomics and Economic Growth::Subnational Economic Development
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Expenditure Policy
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicPublic Sector Development
okr.unitEcon. Policy & Poverty Sector (SASEP)
okr.volume1 of 1
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