Fiscal responsibility and budget management act in India a review and recommendations for reform.

The paper reviews the international experience and best practices on fiscal rules, types of rules, introduction of fiscal councils and compares Indias FRBM framework against properties of fiscal frameworks, including fiscal balance, capital spending, optimal debt levels, cyclical considerations, and...

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Bibliographic Details

Main Author:	Carrasco, Bruno (Author)
Format:	Electronic Resource
Language:	English
Published:	Metro Manila, Philippines Asian Development Bank 2017.
Series:	South Asia working papers.
Subjects:	Finance > India. Fiscal policy > India. Electronic books.
Online Access:	https://www.adb.org/publications/fiscal-responsibility-budget-management-act-india-reform