Analysis of State Budgets 2022-23 of Major States in India

Sacchidananda Mukherjee

Working Papers from National Institute of Public Finance and Policy

Abstract: After two consecutive years (2019-20 and 2020-21) of fiscal stress, state finances in India show sign of improvement in 2021-22RE. With rising economic growth, revenue mobilization has improved which helped states to increase expenditures during 2021-22. To cope up with the revenue stress and rein in deficits and debts, states have ontained growth in expenditures during 2019-21. Despite all efforts consolidated fiscal deficit of 18 major states went up from 2.49

Keywords: State Finances; budget analysis; fiscal management; revenue mobilization; public finance management; public debt; fiscal deficit; revenue deficit; India (search for similar items in EconPapers)
JEL-codes: H20 H61 H62 H63 (search for similar items in EconPapers)
Pages: 25
Date: 2022-08
Note: Working Paper 386, 2022
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