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.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
