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India : Technical Assistance Report-State of Tamil Nadu-Modernizing Budget Formulation and Managing Fiscal Risks

India : Technical Assistance Report-State of Tamil Nadu-Modernizing Budget Formulation and Managing Fiscal Risks »

Journal Issue

Volume/Issue: 192020/208

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 June 2020

DOI: http://dx.doi.org/10.5089/9781513548586.002

ISBN: 9781513548586

Keywords: Public financial management, Budget estimates, Fiscal policy, Financial crises, Economic stabilization, ISCR, CR, PSUs, GSDP, budget estimate

Although Tamil Nadu's public financial management has been characterized by strong fiscal discipline to date, risks and challenges are emerging. The State has largely observed the Fiscal Responsibility Act targets...

India

India »

Article

Source: India : Technical Assistance Report-State of Tamil Nadu-Modernizing Budget Formulation and Managing Fiscal Risks

Volume/Issue: 192020/208

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 June 2020

ISBN: 9781513548586

Keywords: Public financial management, Budget estimates, Fiscal policy, Financial crises, Economic stabilization, ISCR, CR, PSUs, GSDP, budget estimate

Although Tamil Nadu's public financial management has been characterized by strong fiscal discipline to date, risks and challenges are emerging. The State has largely observed the Fiscal Responsibility Act targets...

Indian Subnational Finances : Recent Performance

Indian Subnational Finances : Recent Performance »

Journal Issue

Volume/Issue: 2007/205

Series: IMF Working Papers

Author(s): Ananthakrishnan Prasad , and Adarsh Kishore

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2007

DOI: http://dx.doi.org/10.5089/9781451867695.001

ISBN: 9781451867695

Keywords: State budgets, subnational finances, expenditure, fiscal policy, fiscal deficit, expenditures, fiscal responsibility,

The fiscal performance of the States in India has been an area of concern for quite some time. The Twelfth Finance Commission (TFC) recommended a three-pronged strategy to alleviate States' fiscal distress, built a...

Indian Subnational Finances

Indian Subnational Finances »

Article

Source: Indian Subnational Finances : Recent Performance

Volume/Issue: 2007/205

Series: IMF Working Papers

Author(s): Ananthakrishnan Prasad , and Adarsh Kishore

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2007

ISBN: 9781451867695

Keywords: State budgets, subnational finances, expenditure, fiscal policy, fiscal deficit, expenditures, fiscal responsibility,

The fiscal performance of the States in India has been an area of concern for quite some time. The Twelfth Finance Commission (TFC) recommended a three-pronged strategy to alleviate States' fiscal distress, built a...

The Decentralization Dilemma in India

The Decentralization Dilemma in India »

Article

Source: The Decentralization Dilemma in India

Volume/Issue: 2004/32

Series: IMF Working Papers

Author(s): Catriona Purfield

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2004

ISBN: 9781451845143

Keywords: Debt, Fiscal policy, India, Intergovernmental fiscal relations, panel econometrics, decentralization, fiscal performance, government expenditure, government deficit, fiscal discipline

Already in precarious shape, the financial health of India's states took a turn for the worse in the late 1990s when state deficits and debt rose sharply. While India is among the world's most decentralized economi...

The Decentralization Dilemma in India

The Decentralization Dilemma in India »

Journal Issue

Volume/Issue: 2004/32

Series: IMF Working Papers

Author(s): Catriona Purfield

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2004

DOI: http://dx.doi.org/10.5089/9781451845143.001

ISBN: 9781451845143

Keywords: Debt, Fiscal policy, India, Intergovernmental fiscal relations, panel econometrics, decentralization, fiscal performance, government expenditure, government deficit, fiscal discipline

Already in precarious shape, the financial health of India's states took a turn for the worse in the late 1990s when state deficits and debt rose sharply. While India is among the world's most decentralized economi...

Tax Smoothing in a Financially Repressed Economy : Evidence from India

Tax Smoothing in a Financially Repressed Economy : Evidence from India »

Journal Issue

Volume/Issue: 1998/122

Series: IMF Working Papers

Author(s): Paul Cashin , Nilss Olekalns , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1998

DOI: http://dx.doi.org/10.5089/9781451854466.001

ISBN: 9781451854466

Keywords: Fiscal policy, India, Tax smoothing, financial repression, budget surplus, government expenditure, fiscal deficits, budget constraint

India has a long history of running fiscal deficits. Two broad considerations motivate a government to run a deficit: tax smoothing and tax tilting. This paper tests a version of Barro's tax-smoothing model, using...

Tax Smoothing in a Financially Repressed Economy

Tax Smoothing in a Financially Repressed Economy »

Article

Source: Tax Smoothing in a Financially Repressed Economy : Evidence from India

Volume/Issue: 1998/122

Series: IMF Working Papers

Author(s): Paul Cashin , Nilss Olekalns , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1998

ISBN: 9781451854466

Keywords: Fiscal policy, India, Tax smoothing, financial repression, budget surplus, government expenditure, fiscal deficits, budget constraint

India has a long history of running fiscal deficits. Two broad considerations motivate a government to run a deficit: tax smoothing and tax tilting. This paper tests a version of Barro's tax-smoothing model, using...