Tamil Nadu’s fiscal ranking saw fluctuations from 2014-15 to 2018-19, says research paper
The Hindu
White paper submitted last year too pointed to the decline
Tamil Nadu’s ranking dropped from 2014-15 to 2018-19 in a composite index of States’ fiscal performance, as per a research paper by the staff of Reserve Bank of India. The white paper on State Finances released by the DMK government last year also pointed to a declining trend in terms of development expenditure.
Key fiscal parameters like deficit, debt, expenditure quality, revenue mobilisation efforts among others were considered for the States’ performance composite index (SPCI).
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