International Journal of Social Science & Economic Research
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Title:
AN ANALYSIS OF TREND AND PATTERN OF FISCAL POLICY IN NORTHEAST INDIA WITH SPECIAL REFERENCE TO ASSAM

Authors:
Mrinmoyee Baishya

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Mrinmoyee Baishya
Research Scholar, Department of Economics, Gauhati University
Assistant Professor, Department of Economics, Morigaon College, Assam

MLA 8
Baishya, Mrinmoyee. "AN ANALYSIS OF TREND AND PATTERN OF FISCAL POLICY IN NORTHEAST INDIA WITH SPECIAL REFERENCE TO ASSAM." Int. j. of Social Science and Economic Research, vol. 8, no. 1, Jan. 2023, pp. 84-94, doi.org/10.46609/IJSSER.2023.v08i01.005. Accessed Jan. 2023.
APA 6
Baishya, M. (2023, January). AN ANALYSIS OF TREND AND PATTERN OF FISCAL POLICY IN NORTHEAST INDIA WITH SPECIAL REFERENCE TO ASSAM. Int. j. of Social Science and Economic Research, 8(1), 84-94. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i01.005
Chicago
Baishya, Mrinmoyee. "AN ANALYSIS OF TREND AND PATTERN OF FISCAL POLICY IN NORTHEAST INDIA WITH SPECIAL REFERENCE TO ASSAM." Int. j. of Social Science and Economic Research 8, no. 1 (January 2023), 84-94. Accessed January, 2023. https://doi.org/10.46609/IJSSER.2023.v08i01.005.

References

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ABSTRACT:
Fiscal policy plays an important role in the development of a country. The present study aims to analyse the trend and pattern of fiscal policy variables in case of Assam in Northeast India. The study finds that all the three variables viz. total expenditure, revenue receipts and public debt showed an upward trend with slight fluctuations. From 2004-05 onwards share of revenue receipts in GSDP started to improve and it was above 15% from 2004-05 to 2019-20. Total government expenditure increased with a CAGR of 10.7% and the expenditure to GSDP ratio was more than 10% for the study period. Regarding public debt, after the implementation of the AFRBM Act in 2005, Assam maintained a debt-GSDP ratio of 28% and below as prescribed by the Twelfth Finance Commission.

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