State Finances in India. Volume 2. Studies in State Finances

摘要

Under India's federal structure, a strict division of expenditure responsibilities exists between Central and State levels of government, with many important activities the responsibility of State government. The Bank's attention has increasingly focused on these State sectors, for example, agriculture, irrigation, power generation, rural development and health, in its lending strategy to India. As Bank lending to these sectors increases, familiarity with State fiscal capacity and the resource or other constraints which may impede smooth implementation of State Plan projects--especially of large or costly projects--is necessary for lending to be effective. The papers focus on State fiscal capacity as well as growth prospects. A methodology is developed through which consistency between the sectoral allocation of resources implied by a large project and State development priorities and other expenditure commitments can be assessed. (Copyright (c) 1982 The World Bank.)