Government revenues of Orissa: an analysis

Tushar Das

International Journal of Indian Culture and Business Management, 2014, vol. 8, issue 1, 124-137

Abstract: Macroeconomic stability is an indispensable precondition for growth. Like most of the states of India the fiscal situation of Orissa deteriorated in the early 1980s and 1990s. The enactment of the Fiscal Responsibility and Budget Management (FRBM) Act in 2005 helped the Government of Orissa to reduce deficits and generate surplus. However, these surpluses were maintained till 2008-2009. The planners should now identify the avenues of revenue to sustain this surplus over the years.

Keywords: FRBM Act; Fiscal Responsibility and Budget Management Act; Thirteenth Finance Commission; government revenues; tax buoyancy; Orissa; India; deficit reduction; financial surplus; sustainability. (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijicbm:v:8:y:2014:i:1:p:124-137

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