Abstract
The paper traces the changing roles of State from time to time, the fiscal functions and the changing importance of public expenditure both in the global and Indian contexts. A historical perspective of growth in public spending and their implications for development are discussed. The paper collates the existing research evidences and the various Committee views on the fiscal scenario in India, especially that of the Finance Commissions. The issues covered include the growth in public expenditure, its implications on economic growth, regional development, quality of public spending and the frameworks adopted by the government to track the outcomes of public spending.
The first author Bhandary was formarly associated with Vijaya Bank (presently he is no more).
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Non rival goods are those goods, which all enjoy in common in the sense that one individual’s consumption leads to no diminution from any other individual’s consumption of those goods.
References
Ahluwalia, M. S. (2000). State level performance under economic reforms in India. In Center for research on economic development and policy. Reform conference on indian economic prospectives: Advancing policy reform. Stanford University.
Akhtar Ali, S. (1997). Pakistan & gulf economist.
Ashford, D. E., & Kelley E. W. (Eds.). (1986). Nationalizing social security in Europe and America (Vol. 4). Jai Press.
Bagchi, A. (2005). Readings in public finance. New Delhi: Oxford University Press.
Gayithri, K. (2011). Public Expenditure Review of Karnataka. A report submitted to the Expenditure Reforms Commission, Government of Karnataka, Bangalore.
Gayithri, K., & Raju, K.V. (Ed.). (2014). Financing development: Financing India’s development: Issues and challenges. New Delhi: Cambridge University Press.
GoI. (2005). Reports of the finance commissions of India: First finance commission to the twelfth finance commission. New Delhi: Academic Foundation.
GoI. (2009). Economic Survey. New Delhi: Ministry of Finance.
GoI. (2014). 14th finance commission report. New Delhi.
GoI. (2015). Economic Survey. New Delhi: Ministry of Finance.
GoI. (2017). Economic Survey. New Delhi: Ministry of Finance.
GoI Ministry of Finance, G. (n.d.). www.finance.nic.in.
Kapila, U. (Ed.). (1994). Indian economy since independence (Vol. 6). Academic Foundation.
Kapila, U. (1996). India’s economic reforms.
Madheswaran, M. (2016). Performance management: Current and best practices.
Mohanty, R. K., & Bhanumurthy, N. R. (2018). Assessing public expenditure efficiency at Indian states. Working paper no 225, NIPFP, New Delhi.
Musgrave, R. A., Peggy, B., & Musgrave, R. (2004). Public finance theory and practice. New Delhi: Tata McGraw Hill publishing company Limited.
Panagariya, A., & Rao, M. G. (2014). State level reforms, growth and development in Indian States. New Delhi: Oxford University Press.
Panagariya, A., Chakraborty, P., & Rao, M. G. (2014). State level reforms, growth, and development in Indian states (Vol. 3). Studies in Indian Economic Policies.
Ramon, E., & Lopez, V. T. (2010). The effect of fiscal policies on the quality of growth. World Bank: Washington, D. C.
Rangarajan, C., & Subbarao, D. (2007). The importance of being earnest about fiscal responsibility. Madras School of Economics.
Samuelson, A. P. (1954). The theory of public expenditure. The Review of Economics and Statistics.
Samuelson, A. P. (2010). Economics. New Delhi: Tata Mac Graw Hill Education Private Limited.
Samuelson, P. A., & Nordhaus, W. D. (2010). Economics. New Delhi: Tata McGraw Hill Education Private Limited.
Tanzi, V.,& Ludger Schuknecht, L. (2000). Public spending in the 20th century: A global perspective. Cambridge University Press.
Virmani, A. (2006). The sudoku of India’s growth. New Del: B S Books.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2018 Springer (India) Pvt. Ltd., part of Springer Nature
About this chapter
Cite this chapter
Bhandary, B.S., Nagesha, G. (2018). Managing Government Expenditure: Searching for Lines of Control. In: Karnam, G. (eds) Public Budgeting in India. India Studies in Business and Economics. Springer, New Delhi. https://doi.org/10.1007/978-81-322-3917-8_5
Download citation
DOI: https://doi.org/10.1007/978-81-322-3917-8_5
Published:
Publisher Name: Springer, New Delhi
Print ISBN: 978-81-322-3915-4
Online ISBN: 978-81-322-3917-8
eBook Packages: Economics and FinanceEconomics and Finance (R0)