Stabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 2. Detailed Report
India, home to more than one billion people, has experienced rapid growth over the past decade, averaging about six percent per year between 1992/93 and 2003/04. The agenda backed in this report is one that receives widespread support from both the...
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| Format: | Other Infrastructure Study |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2004/05/18526103/stabilization-fiscal-empowerment-twin-challenges-facing-indias-states-vol-2-2-detailed-report http://hdl.handle.net/10986/16775 |
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okr-10986-16775 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABSENTEEISM ACCUMULATION OF ARREARS ADMINISTRATIVE REFORMS AGGREGATE EXPENDITURE AGGREGATE FISCAL ANNUAL REPORTING BALANCE OF PAYMENTS BALANCE OF PAYMENTS CRISIS BANKRUPTCY BASIC SERVICES BUDGET CONSTRAINTS BUDGET ESTIMATES BUDGETARY PRACTICES CAPITAL ACCOUNT CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CAPITAL SPENDING CASH BALANCES CASH FLOWS CASH MANAGEMENT CD CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CENTRAL TRANSFERS CIVIL SERVANTS CIVIL SERVICE COST RECOVERY COST-BENEFIT ANALYSIS CREDIBILITY CREDITORS CYCLICAL FACTORS DEBT DEBT BURDEN DEBT LEVELS DEBT RATIO DEBT RESTRUCTURING DEBT SERVICE DEBT SERVICES DEBT SERVICING DEBT SOURCES DEBT STOCK DEBT STOCKS DEBT SUSTAINABILITY DEFICIT FINANCING DEFICIT GRANTS DEFICIT REDUCTION DEVELOPING COUNTRY DISCLOSURE NORMS DISCOUNT RATE ECONOMIC GROWTH EDUCATION EXPENDITURES EDUCATION SPENDING ENTITLEMENTS EQUIPMENT EXPENDITURE EXPENDITURE AREAS EXPENDITURE GROWTH EXPENDITURE ISSUES EXPENDITURE ITEM EXPENDITURE LEVELS EXPENDITURE MANAGEMENT EXPENDITURE PRODUCTIVITY EXPENDITURE REFORM EXPENDITURES EXTERNAL FUNDING FEDERAL TRANSFERS FINANCES FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL REPRESSION FISCAL ADJUSTMENT FISCAL ADJUSTMENTS FISCAL CONSOLIDATION FISCAL CRISIS FISCAL DEFICIT FISCAL DEFICIT TARGET FISCAL DEFICITS FISCAL FEDERALISM FISCAL FRAMEWORKS FISCAL HEALTH FISCAL IMBALANCES FISCAL IMPACT FISCAL PERFORMANCE FISCAL PERSPECTIVE FISCAL POLICY FISCAL POLICY RULES FISCAL PROBLEMS FISCAL REFORM FISCAL REFORMS FISCAL REVENUE FISCAL SAVINGS FISCAL STABILIZATION FISCAL STANCE FISCAL SUSTAINABILITY FISCAL TARGETS FISCAL VULNERABILITY FOREIGN EXCHANGE GOVERNMENT BONDS GOVERNMENT BORROWING GOVERNMENT BORROWINGS GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT GUARANTEES GOVERNMENT LIABILITIES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GUARANTEE FEES HEALTH CENTERS HEALTH EXPENDITURE HEALTH EXPENDITURES HEALTH OUTCOMES HOLDING HUMAN DEVELOPMENT HUMAN RESOURCES INFLATION INITIAL DEBT INTEREST BURDEN INTEREST PAYMENTS INTEREST RATES INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTMENT REGIME INVESTMENT RISK LIABILITY LIFE INSURANCE LIQUIDITY LIQUIDITY PROBLEMS LOCAL MARKET LOTTERY MACROECONOMIC PERFORMANCE MARGINAL REDUCTION MARKET BORROWINGS MARKET ECONOMY MARKET PRICES MEDIUM-TERM FISCAL PLAN MINISTRY OF FINANCE NET PRESENT VALUE OVERDRAFT FACILITY PENSION PENSION REFORMS PENSION SCHEME PENSION SYSTEM PENSIONS PERFORMANCE MEASUREMENT POLICY ENVIRONMENT POLITICAL ECONOMY POST OFFICE POVERTY IMPACT POVERTY REDUCING POVERTY REDUCTION PRICE INDICES PRIMARY DEFICITS PRIVATE INVESTMENT PRIVATE SECTOR PROGRAMS PUBLIC ACCOUNT PUBLIC DEBT PUBLIC EDUCATION PUBLIC EMPLOYMENT PUBLIC ENTERPRISE PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC HEALTH PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SERVICES PUBLIC SPENDING PUBLIC WORKS QUALITY OF PUBLIC SPENDING REAL GROWTH REAL GROWTH RATE RECURRENT EXPENDITURES REDISTRIBUTIVE TRANSFERS REFORM EFFORTS REFORM PROGRAM RESERVE RESERVE BANK RETURN RETURNS REVENUE INCREASES REVENUE STRUCTURE ROAD MAINTENANCE SALARY PAYMENTS SALES TAX SALES TAXES SERVICE DELIVERY SERVICE EMPLOYMENT SERVICE PROVIDERS SERVICE PROVISION SETTLEMENT SINKING FUND SOCIAL INDICATORS SOCIAL WELFARE STATE GOVERNMENT STATE GOVERNMENTS STATE TAXATION STRUCTURAL REFORMS SUB-NATIONAL SUB-NATIONAL ENTITIES SUB-NATIONAL GOVERNMENTS SWAP SWAPS TAX ADMINISTRATION TAX BASE TAX COLLECTION TAX RATES TAX REVENUE TOTAL EXPENDITURE TOTAL EXPENDITURES TOTAL SPENDING TREASURIES TYPES OF REFORMS VOLUME OF EXPENDITURE |
| spellingShingle |
ABSENTEEISM ACCUMULATION OF ARREARS ADMINISTRATIVE REFORMS AGGREGATE EXPENDITURE AGGREGATE FISCAL ANNUAL REPORTING BALANCE OF PAYMENTS BALANCE OF PAYMENTS CRISIS BANKRUPTCY BASIC SERVICES BUDGET CONSTRAINTS BUDGET ESTIMATES BUDGETARY PRACTICES CAPITAL ACCOUNT CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CAPITAL SPENDING CASH BALANCES CASH FLOWS CASH MANAGEMENT CD CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CENTRAL TRANSFERS CIVIL SERVANTS CIVIL SERVICE COST RECOVERY COST-BENEFIT ANALYSIS CREDIBILITY CREDITORS CYCLICAL FACTORS DEBT DEBT BURDEN DEBT LEVELS DEBT RATIO DEBT RESTRUCTURING DEBT SERVICE DEBT SERVICES DEBT SERVICING DEBT SOURCES DEBT STOCK DEBT STOCKS DEBT SUSTAINABILITY DEFICIT FINANCING DEFICIT GRANTS DEFICIT REDUCTION DEVELOPING COUNTRY DISCLOSURE NORMS DISCOUNT RATE ECONOMIC GROWTH EDUCATION EXPENDITURES EDUCATION SPENDING ENTITLEMENTS EQUIPMENT EXPENDITURE EXPENDITURE AREAS EXPENDITURE GROWTH EXPENDITURE ISSUES EXPENDITURE ITEM EXPENDITURE LEVELS EXPENDITURE MANAGEMENT EXPENDITURE PRODUCTIVITY EXPENDITURE REFORM EXPENDITURES EXTERNAL FUNDING FEDERAL TRANSFERS FINANCES FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL REPRESSION FISCAL ADJUSTMENT FISCAL ADJUSTMENTS FISCAL CONSOLIDATION FISCAL CRISIS FISCAL DEFICIT FISCAL DEFICIT TARGET FISCAL DEFICITS FISCAL FEDERALISM FISCAL FRAMEWORKS FISCAL HEALTH FISCAL IMBALANCES FISCAL IMPACT FISCAL PERFORMANCE FISCAL PERSPECTIVE FISCAL POLICY FISCAL POLICY RULES FISCAL PROBLEMS FISCAL REFORM FISCAL REFORMS FISCAL REVENUE FISCAL SAVINGS FISCAL STABILIZATION FISCAL STANCE FISCAL SUSTAINABILITY FISCAL TARGETS FISCAL VULNERABILITY FOREIGN EXCHANGE GOVERNMENT BONDS GOVERNMENT BORROWING GOVERNMENT BORROWINGS GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT GUARANTEES GOVERNMENT LIABILITIES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GUARANTEE FEES HEALTH CENTERS HEALTH EXPENDITURE HEALTH EXPENDITURES HEALTH OUTCOMES HOLDING HUMAN DEVELOPMENT HUMAN RESOURCES INFLATION INITIAL DEBT INTEREST BURDEN INTEREST PAYMENTS INTEREST RATES INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTMENT REGIME INVESTMENT RISK LIABILITY LIFE INSURANCE LIQUIDITY LIQUIDITY PROBLEMS LOCAL MARKET LOTTERY MACROECONOMIC PERFORMANCE MARGINAL REDUCTION MARKET BORROWINGS MARKET ECONOMY MARKET PRICES MEDIUM-TERM FISCAL PLAN MINISTRY OF FINANCE NET PRESENT VALUE OVERDRAFT FACILITY PENSION PENSION REFORMS PENSION SCHEME PENSION SYSTEM PENSIONS PERFORMANCE MEASUREMENT POLICY ENVIRONMENT POLITICAL ECONOMY POST OFFICE POVERTY IMPACT POVERTY REDUCING POVERTY REDUCTION PRICE INDICES PRIMARY DEFICITS PRIVATE INVESTMENT PRIVATE SECTOR PROGRAMS PUBLIC ACCOUNT PUBLIC DEBT PUBLIC EDUCATION PUBLIC EMPLOYMENT PUBLIC ENTERPRISE PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC HEALTH PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SERVICES PUBLIC SPENDING PUBLIC WORKS QUALITY OF PUBLIC SPENDING REAL GROWTH REAL GROWTH RATE RECURRENT EXPENDITURES REDISTRIBUTIVE TRANSFERS REFORM EFFORTS REFORM PROGRAM RESERVE RESERVE BANK RETURN RETURNS REVENUE INCREASES REVENUE STRUCTURE ROAD MAINTENANCE SALARY PAYMENTS SALES TAX SALES TAXES SERVICE DELIVERY SERVICE EMPLOYMENT SERVICE PROVIDERS SERVICE PROVISION SETTLEMENT SINKING FUND SOCIAL INDICATORS SOCIAL WELFARE STATE GOVERNMENT STATE GOVERNMENTS STATE TAXATION STRUCTURAL REFORMS SUB-NATIONAL SUB-NATIONAL ENTITIES SUB-NATIONAL GOVERNMENTS SWAP SWAPS TAX ADMINISTRATION TAX BASE TAX COLLECTION TAX RATES TAX REVENUE TOTAL EXPENDITURE TOTAL EXPENDITURES TOTAL SPENDING TREASURIES TYPES OF REFORMS VOLUME OF EXPENDITURE World Bank Stabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 2. Detailed Report |
| geographic_facet |
South Asia India |
| description |
India, home to more than one billion
people, has experienced rapid growth over the past decade,
averaging about six percent per year between 1992/93 and
2003/04. The agenda backed in this report is one that
receives widespread support from both the central and state
governments in India. The fiscal stress of the late nineties
gave rise to an intense state-level reform effort. Six years
on, this report documents the many initiatives undertaken by
the states to restore fiscal sustainability, and become more
effective agents of development. It outlines successes,
lessons learnt, and highlights further challenges, on both
the expenditure side (chapter two) and the revenue side
(chapter three). It also looks at the incentive framework
within which the states operate (chapter four), and asks
whether there is a feasible reform package that will take
the states not only out of fiscal crisis, but strengthened
to meet the development challenges which confront them. This
chapter provides the context for what follows by outlining
the role and increasingly divergent performance of the state
governments (section two), and then in turn, the genesis of
the fiscal crisis (section three), its developmental impact
(section four), the reform response of the state and central
governments (section five), and the reform challenges facing
the states today (section six). Although associated with an
increase in public spending, the fiscal crisis weakened the
developmental and poverty impact of state governments,
especially in the poorer states; it also called into
question India's overall fiscal sustainability. This
report is written to help share the lessons and
success-stories to date, and to assist states and the
central government in implementing the national agenda of
state-level fiscal stabilization and empowerment. Given the
low levels and the worrying recent trends in both the
quantity of expenditure in priority expenditure areas, and
the quality of expenditure across the board, there is an
urgent need for expenditure restructuring to free up fiscal
resources and for reforms to improve the quality of
spending. Focus in this chapter on areas where expenditure
can be cut rather than where it should be increased is not
because we think there are no areas of underfunding.
However, which particular areas should be increased, and by
how much, will likely vary from state to state, depending on
initial conditions, and identified priorities. The areas
where savings can be made have much more in common across
states, and so are the focuses of this report. |
| format |
Economic & Sector Work :: Other Infrastructure Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Stabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 2. Detailed Report |
| title_short |
Stabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 2. Detailed Report |
| title_full |
Stabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 2. Detailed Report |
| title_fullStr |
Stabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 2. Detailed Report |
| title_full_unstemmed |
Stabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 2. Detailed Report |
| title_sort |
stabilization and fiscal empowerment : the twin challenges facing india's states, volume 2. detailed report |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2004/05/18526103/stabilization-fiscal-empowerment-twin-challenges-facing-indias-states-vol-2-2-detailed-report http://hdl.handle.net/10986/16775 |
| _version_ |
1764434444076187648 |
| spelling |
okr-10986-167752021-04-23T14:03:32Z Stabilization and Fiscal Empowerment : The Twin Challenges Facing India's States, Volume 2. Detailed Report World Bank ABSENTEEISM ACCUMULATION OF ARREARS ADMINISTRATIVE REFORMS AGGREGATE EXPENDITURE AGGREGATE FISCAL ANNUAL REPORTING BALANCE OF PAYMENTS BALANCE OF PAYMENTS CRISIS BANKRUPTCY BASIC SERVICES BUDGET CONSTRAINTS BUDGET ESTIMATES BUDGETARY PRACTICES CAPITAL ACCOUNT CAPITAL EXPENDITURE CAPITAL EXPENDITURES CAPITAL INVESTMENT CAPITAL SPENDING CASH BALANCES CASH FLOWS CASH MANAGEMENT CD CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CENTRAL TRANSFERS CIVIL SERVANTS CIVIL SERVICE COST RECOVERY COST-BENEFIT ANALYSIS CREDIBILITY CREDITORS CYCLICAL FACTORS DEBT DEBT BURDEN DEBT LEVELS DEBT RATIO DEBT RESTRUCTURING DEBT SERVICE DEBT SERVICES DEBT SERVICING DEBT SOURCES DEBT STOCK DEBT STOCKS DEBT SUSTAINABILITY DEFICIT FINANCING DEFICIT GRANTS DEFICIT REDUCTION DEVELOPING COUNTRY DISCLOSURE NORMS DISCOUNT RATE ECONOMIC GROWTH EDUCATION EXPENDITURES EDUCATION SPENDING ENTITLEMENTS EQUIPMENT EXPENDITURE EXPENDITURE AREAS EXPENDITURE GROWTH EXPENDITURE ISSUES EXPENDITURE ITEM EXPENDITURE LEVELS EXPENDITURE MANAGEMENT EXPENDITURE PRODUCTIVITY EXPENDITURE REFORM EXPENDITURES EXTERNAL FUNDING FEDERAL TRANSFERS FINANCES FINANCIAL CRISIS FINANCIAL MANAGEMENT FINANCIAL REPRESSION FISCAL ADJUSTMENT FISCAL ADJUSTMENTS FISCAL CONSOLIDATION FISCAL CRISIS FISCAL DEFICIT FISCAL DEFICIT TARGET FISCAL DEFICITS FISCAL FEDERALISM FISCAL FRAMEWORKS FISCAL HEALTH FISCAL IMBALANCES FISCAL IMPACT FISCAL PERFORMANCE FISCAL PERSPECTIVE FISCAL POLICY FISCAL POLICY RULES FISCAL PROBLEMS FISCAL REFORM FISCAL REFORMS FISCAL REVENUE FISCAL SAVINGS FISCAL STABILIZATION FISCAL STANCE FISCAL SUSTAINABILITY FISCAL TARGETS FISCAL VULNERABILITY FOREIGN EXCHANGE GOVERNMENT BONDS GOVERNMENT BORROWING GOVERNMENT BORROWINGS GOVERNMENT EXPENDITURE GOVERNMENT EXPENDITURES GOVERNMENT GUARANTEES GOVERNMENT LIABILITIES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GUARANTEE FEES HEALTH CENTERS HEALTH EXPENDITURE HEALTH EXPENDITURES HEALTH OUTCOMES HOLDING HUMAN DEVELOPMENT HUMAN RESOURCES INFLATION INITIAL DEBT INTEREST BURDEN INTEREST PAYMENTS INTEREST RATES INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTMENT REGIME INVESTMENT RISK LIABILITY LIFE INSURANCE LIQUIDITY LIQUIDITY PROBLEMS LOCAL MARKET LOTTERY MACROECONOMIC PERFORMANCE MARGINAL REDUCTION MARKET BORROWINGS MARKET ECONOMY MARKET PRICES MEDIUM-TERM FISCAL PLAN MINISTRY OF FINANCE NET PRESENT VALUE OVERDRAFT FACILITY PENSION PENSION REFORMS PENSION SCHEME PENSION SYSTEM PENSIONS PERFORMANCE MEASUREMENT POLICY ENVIRONMENT POLITICAL ECONOMY POST OFFICE POVERTY IMPACT POVERTY REDUCING POVERTY REDUCTION PRICE INDICES PRIMARY DEFICITS PRIVATE INVESTMENT PRIVATE SECTOR PROGRAMS PUBLIC ACCOUNT PUBLIC DEBT PUBLIC EDUCATION PUBLIC EMPLOYMENT PUBLIC ENTERPRISE PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC HEALTH PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SECTOR EMPLOYMENT PUBLIC SERVICES PUBLIC SPENDING PUBLIC WORKS QUALITY OF PUBLIC SPENDING REAL GROWTH REAL GROWTH RATE RECURRENT EXPENDITURES REDISTRIBUTIVE TRANSFERS REFORM EFFORTS REFORM PROGRAM RESERVE RESERVE BANK RETURN RETURNS REVENUE INCREASES REVENUE STRUCTURE ROAD MAINTENANCE SALARY PAYMENTS SALES TAX SALES TAXES SERVICE DELIVERY SERVICE EMPLOYMENT SERVICE PROVIDERS SERVICE PROVISION SETTLEMENT SINKING FUND SOCIAL INDICATORS SOCIAL WELFARE STATE GOVERNMENT STATE GOVERNMENTS STATE TAXATION STRUCTURAL REFORMS SUB-NATIONAL SUB-NATIONAL ENTITIES SUB-NATIONAL GOVERNMENTS SWAP SWAPS TAX ADMINISTRATION TAX BASE TAX COLLECTION TAX RATES TAX REVENUE TOTAL EXPENDITURE TOTAL EXPENDITURES TOTAL SPENDING TREASURIES TYPES OF REFORMS VOLUME OF EXPENDITURE India, home to more than one billion people, has experienced rapid growth over the past decade, averaging about six percent per year between 1992/93 and 2003/04. The agenda backed in this report is one that receives widespread support from both the central and state governments in India. The fiscal stress of the late nineties gave rise to an intense state-level reform effort. Six years on, this report documents the many initiatives undertaken by the states to restore fiscal sustainability, and become more effective agents of development. It outlines successes, lessons learnt, and highlights further challenges, on both the expenditure side (chapter two) and the revenue side (chapter three). It also looks at the incentive framework within which the states operate (chapter four), and asks whether there is a feasible reform package that will take the states not only out of fiscal crisis, but strengthened to meet the development challenges which confront them. This chapter provides the context for what follows by outlining the role and increasingly divergent performance of the state governments (section two), and then in turn, the genesis of the fiscal crisis (section three), its developmental impact (section four), the reform response of the state and central governments (section five), and the reform challenges facing the states today (section six). Although associated with an increase in public spending, the fiscal crisis weakened the developmental and poverty impact of state governments, especially in the poorer states; it also called into question India's overall fiscal sustainability. This report is written to help share the lessons and success-stories to date, and to assist states and the central government in implementing the national agenda of state-level fiscal stabilization and empowerment. Given the low levels and the worrying recent trends in both the quantity of expenditure in priority expenditure areas, and the quality of expenditure across the board, there is an urgent need for expenditure restructuring to free up fiscal resources and for reforms to improve the quality of spending. Focus in this chapter on areas where expenditure can be cut rather than where it should be increased is not because we think there are no areas of underfunding. However, which particular areas should be increased, and by how much, will likely vary from state to state, depending on initial conditions, and identified priorities. The areas where savings can be made have much more in common across states, and so are the focuses of this report. 2014-01-31T19:52:58Z 2014-01-31T19:52:58Z 2004-05-10 http://documents.worldbank.org/curated/en/2004/05/18526103/stabilization-fiscal-empowerment-twin-challenges-facing-indias-states-vol-2-2-detailed-report http://hdl.handle.net/10986/16775 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Infrastructure Study Economic & Sector Work South Asia India |