000			03008nam a22003135i 4500
001			22394394
005			20230323160933.0
008			220124s2022 nyu 000 0 eng
010			_a 2022931293
020			_a9780192849601 _q(hardback)
020			_z9780191944710
040			_aDLC _beng _erda _cDLC
042			_apcc
082			_a336.54
100	1		_aRao, Govinda M, _eauthor.
245	1	0	_aStudies in Indian public finance / _cGovinda M Rao.
263			_a2203
264		1	_aNew York : _bOxford University Press, _c2022.
300			_apages cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
365			_bRs. 1495.00
505			_aTable of contents: Chapter 1 Studies in Indian Public Finance; Chapter 2 The Contours of the State: Public Finance and Public Choice; Chapter 3 Public Expenditure in India: Trends and Issues; Chapter 4 Tax Policy and Reforms; Chapter 5 The Goods and service Taxation: The Work in Progress; Chapter 6 Macroeconomics of Indian Public Finance: Deficits and Debt; Chapter 7 Evolving Landscape of Indian Fiscal federalism; Chapter 8 Intergovernmental Transfers in India; Chapter 9 Indian Public Finance in Pandemic Times; Reference; Index.
520			_a"Studies in Public Finance is a book on the nature and effect of public spending and its financing in India taking into account the advances in theory and best practice approaches. It brings together several disparate pieces of scholarship on Indian Public Finance. Public finance begins with reasons for government spending - the failure of the markets to provide public goods, goods with externalities and bring about desired state of distribution. In Indian context, public expenditure policies are dominated by political economy considerations with interest payments, subsidies and transfers pre-empting resources leaving inadequate allocation to physical and social infrastructure. The ability to provide essential public services are constrained by the low revenue productivity of the tax system. Inability to finance the required level of expenditures through taxes results in large deficits and debt threatening solvency, stability, and sustainability from time to time. Rule based fiscal policy evolved to follow a disciplined has not met with much success. The book also analyses the complexity of calibrating public finance policies in a large country with multilevel fiscal system. It also evaluates the effectiveness of intergovernmental transfers in a country marked with wide inter-regional disparities in taxable capacity and standards of public services provided. Finally, the book brings out the devastating effects of the COVID-19 pandemic on Indian public finances. The book will be useful to students of economics, scholars working on the subject and the policy makers"-- _cProvided by publisher.
906			_a0 _bibc _corignew _d2 _eepcn _f20 _gy-gencatlg
942			_2ddc _cBK
999			_c211886 _d211886