Improving Public Financial Management in India: Opportunities to Move Forward

Pratap Jena ()

Working Papers from National Institute of Public Finance and Policy

Abstract: In recent years the role of a sound PFM system to achieve the objectives of fiscal discipline, strategic planning, and improved service delivery has been getting increasing public attention in India. Since public financial management reforms undertaken intermittently over the years, have not delivered anticipated results in these areas, studies and recommendations of Government appointed committees and expert bodies have identified gaps that need attention to strengthen the PFM institutional framework and to improve the efficiency of government spending. This paper examines key PFM reform measures undertaken in India over the past few years and provides suggestions to enhance the effectiveness of these PFM systems.

Keywords: Public financial management; Budgeting system; Performance budgeting; Fiscal rules; Audit; Accounting (search for similar items in EconPapers)
JEL-codes: E62 H6 H83 (search for similar items in EconPapers)
Pages: 16
Date: 2013-04
New Economics Papers: this item is included in nep-mac and nep-pbe
Note: Working Paper 123, 2013
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.nipfp.org.in/newweb/sites/default/files/WP_2013_123.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:npf:wpaper:13/123

Access Statistics for this paper

More papers in Working Papers from National Institute of Public Finance and Policy
Bibliographic data for series maintained by S.Siva Chidambaram ( this e-mail address is bad, please contact ).