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New FRBM framework: Time to recast Union Government expenditure needs
Publication date
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Economic and Political Weekly, LIII(9).Authors
Pinaki Chakraborty and Lekha ChakrabortyAbstract
The structural inability to control revenue deficits needs different solutions from the usual argument that the utilisation of government expenditure is inefficient and that the government should spend less. It is time to relook at the way the union government spends.