World Bank2013-03-132013-03-132007-09https://hdl.handle.net/10986/12700Jharkhand, India's youngest and 28th state came into existence in November 2000 pursuant to the reorganization of the erstwhile State of Bihar by the Bihar State Reorganization Act, 2000. More than 77 percent of the population of the state resides in rural areas and depends on agriculture for sustenance. Jharkhand is one of the richest states in the country in terms of mineral resources. Close to half of the gross domestic product (GSDP) of the state emanates from industry which includes mining, quarrying and registered manufacturing. But the high degree of industrialization has not resulted in a high level of income for the state. While the structure of the output indicates a high level of industrialization, the structure of employment reveals the predominance of agriculture. The purpose of this study is to make an objective assessment of the Public Financial Management and Accountability (PFMA) system of the state, identify its strengths and weaknesses and areas that may be in need of reforms and related capacity building. This study is a prerequisite to determining the precise nature and extent of any capacity building initiatives in Jharkhand. The study provides the Government a diagnostic tool for establishing priorities and to develop a baseline for monitoring future PFM performance of the state.en-USCC BY 3.0 IGOABSORPTIVE CAPACITYACCESS TO INFORMATIONACCOUNTANTACCOUNTINGACCRUAL ACCOUNTINGADMINISTRATIVE BURDENADMINISTRATIVE PROCEDURESAGGREGATE EXPENDITUREALLOCATION OF FUNDSARREARSAUDIT COMMITTEESBANK ACCOUNTSBANK GUARANTEEBIDBUDGET CYCLEBUDGET EXECUTIONBUDGET FORMULATIONBUDGET IMPLICATIONSBUDGET MANAGEMENTBUDGET PROCESSBUDGETARY ALLOCATIONSBUDGETARY IMPACTBUDGETINGCAPACITY BUILDINGCAPITAL EXPENDITURECAPITAL OUTLAYCASH BALANCESCENTRAL GOVERNMENTCENTRAL TAXESCOMMERCIAL TAXESCOMMUNICATION GAPCONSTITUTIONAL MANDATECONTINGENT LIABILITIESCONTRACT AWARDSCORRECTIVE ACTIONSCOST ESTIMATESCOURT ORDERCREDIBILITYDEBTDEBT MANAGEMENTDEBT POSITIONDEBT SERVICEDEBT SERVICE PAYMENTSDEBT SERVICINGDEBT STOCKDEBTSDEFICIT FINANCINGDEFICITSDEPENDENTDEVELOPMENT CORPORATIONDIRECT CREDITDISBURSEMENTDISBURSEMENTSDISCLOSURE NORMDISTRICTECONOMIC ASSUMPTIONSEFFICIENCY OF SERVICE DELIVERYELECTRICITYENFORCEMENT PROCEDURESEXCESS EXPENDITUREEXCHANGE RATEEXPENDITUREEXPENDITURE COMPOSITIONEXPENDITURE MANAGEMENTEXPENDITURE POLICYEXPENDITURE PROGRAMSEXPENDITURE REPORTSEXPENDITURESFACE VALUEFINANCIAL ACCOUNTABILITYFINANCIAL ADVISORFINANCIAL ASSETSFINANCIAL DISCIPLINEFINANCIAL INFORMATIONFINANCIAL MANAGEMENTFINANCIAL MANAGEMENT SYSTEMSFINANCIAL POSITIONFINANCIAL REPORTINGFINANCIAL STATEMENTFINANCIAL STATEMENTSFISCAL BALANCESFISCAL DEFICITFISCAL DEFICITSFISCAL DISCIPLINEFISCAL EXPENDITUREFISCAL FRAMEWORKFISCAL INFORMATIONFISCAL MANAGEMENTFISCAL PLANSFISCAL POLICIESFISCAL REFORMFISCAL RESPONSIBILITYGOVERNMENT FINANCEGOVERNMENT REVENUESGOVERNORGROSS DOMESTIC PRODUCTHOLDINGHOUSINGINEFFICIENT SERVICE DELIVERYINFLATIONINFORMATION SYSTEMINFORMATION TECHNOLOGYINSTITUTIONAL FRAMEWORKINSTITUTIONAL REFORMSINTEREST COSTINTEREST COSTSINTEREST RATEINTEREST RATESINTERNAL AUDITINTERNATIONAL DEVELOPMENTINTERNATIONAL STANDARDISSUANCEKEY CHALLENGELAND REFORMSLEGAL REQUIREMENTLEVEL OF DEBTLEVYLIABILITYLOCLOCAL GOVERNMENTSMANDATEMEDIUM-TERM FISCALMEDIUM-TERM PERSPECTIVEMINISTRY OF FINANCEMUNICIPALITIESNATIONAL GOVERNMENTSNET WORTHNUTRITIONONLINE SYSTEMSOUTSTANDING ADVANCESPENALTIESPENALTYPENSIONPOLICY ANALYSISPOLICY CHANGESPOLICY DECISIONSPOLICY FORMULATIONPRIVATE INVESTMENTSPROCUREMENTPROFESSIONAL DEVELOPMENTPROVISIONSPUBLICPUBLIC ADMINISTRATIONPUBLIC EDUCATIONPUBLIC FINANCESPUBLIC FINANCIAL MANAGEMENTPUBLIC INFORMATIONPUBLIC INSTITUTIONSPUBLIC RESOURCESPUBLIC SECTORPUBLIC SPENDINGPUBLIC WORKSRECEIPTRECEIPTSRECURRENT EXPENDITURERECURRENT EXPENDITURESREGISTRATION PROCESSREORGANIZATIONREPAYMENTRESERVERESERVE BANKREVENUE COLLECTIONREVENUE COLLECTIONSREVENUE ESTIMATESREVENUE FORECASTINGROADSRULES OF PROCEDURESSALARYSAVINGSSEIZURESSETTLEMENTSOCIAL DEVELOPMENTSTATE BUDGETSTATE ELECTRICITYSTATE GOVERNMENTSTATE GOVERNMENTSSTATEMENTS OF EXPENDITURESUB-NATIONALSUB-NATIONAL GOVERNMENTSSURETYTAXTAX ADMINISTRATIONTAX ASSESSMENTTAX ENFORCEMENTTAX EXPENDITURESTAX LEGISLATIONTAX LIABILITYTAX OFFICIALSTAX PAYMENTSTAX REVENUETAX REVENUESTAX SYSTEMTAXATIONTAXPAYERSTOTAL EXPENDITURETRANSACTIONTRANSPARENCYTREASURIESTREASURYTURNOVERUNIONURBAN DEVELOPMENTURBAN POVERTYVILLAGEVILLAGESWITHDRAWALWorld Bank10.1596/12700