Post Pandemic Budget Management: Learning from the Experience of Budget Credibility at Sub-national Level

• Start date मार्च, 2021
• Completion date दिसम्बर, 2022
• Sponsor NIPFP
• Project leader Pratap Ranjan Jena
• Consultants/Other authors Abhishek Singh
• Focus

  Post pandemic budget management requires securing and using resources effectively, efficiently and transparently, given the prevailing economic distress and revenue shortfall.  Failure to implement the budgets as planned may result in the shifting of spending priorities, exceeding of deficit targets, and compromising on critical service delivery promises. This issue has become more important as a deepening economic slowdown has put government finances under stress. This paper assesses the budget credibility of states in India to explain their ability to implement planned activities and respond to fiscal stress. It also focuses on strengthening the institutional framework to utilize fiscal instruments optimally for better service delivery and development.