International Journal of Social Science & Economic Research
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Title:
FISCAL PERFORMANCE OF SPECIAL AND NON-SPECIAL CATEGORY STATES IN INDIAN FEDERATION

Authors:
Mrs. V. BALARUBY, Dr. (Major) P. PRABHAKARAN

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Mrs. V. BALARUBY, Dr. (Major) P. PRABHAKARAN
1. Ph.D., Research Scholar, Register No. : 11197, Post Graduate and Research Department of Economics Aditanar College of Arts and Science, Tiruchendur.
Manonmaniam Sundaranar University Abishekapatti, Tirunelveli - 627 012, Tamil Nadu, India.
2. Associate Professor (Retd.) and Research Supervisor Post Graduate and Research Department of Economics Aditanar College of Arts and Science, Tiruchendur.

MLA 8
BALARUBY, Mrs. V., and Dr. (Major) P. PRABHAKARAN. "FISCAL PERFORMANCE OF SPECIAL AND NON-SPECIAL CATEGORY STATES IN INDIAN FEDERATION." Int. j. of Social Science and Economic Research, vol. 3, no. 11, Nov. 2018, pp. 6399-6416, ijsser.org/more2018.php?id=448. Accessed Nov. 2018.
APA
BALARUBY, M., & PRABHAKARAN, D. (2018, November). FISCAL PERFORMANCE OF SPECIAL AND NON-SPECIAL CATEGORY STATES IN INDIAN FEDERATION. Int. j. of Social Science and Economic Research, 3(11), 6399-6416. Retrieved from ijsser.org/more2018.php?id=448
Chicago
BALARUBY, Mrs. V., and Dr. (Major) P. PRABHAKARAN. "FISCAL PERFORMANCE OF SPECIAL AND NON-SPECIAL CATEGORY STATES IN INDIAN FEDERATION." Int. j. of Social Science and Economic Research 3, no. 11 (November 2018), 6399-6416. Accessed November, 2018. ijsser.org/more2018.php?id=448.

References
BOOKS
[1]. Biswadeb Chatterjee, Tax Performance in Indian States - A Comparative Study. Mital Publications, New Delhi-110059.
[2]. Rao, Hemlata, (1981). Centre-State Financial Relations: Criteria of Federal Fiscal Transfers and their Applications in India. Allied Publishers (P) Ltd., New Delhi.
JOURNALS
[3]. Ahluwalia Montek, (2000). "Economic Performance of States in Post Reform Period", Economic and Political Weekly, May 6.
[4]. Chelliah Raja, J. (2005), "Malady of Continuing Fiscal Imbalance", Economic and Political Weekly, Vol.XL, No.31, July 30, Aug.5.
[5]. Dholakia, A., (2005), "Measuring Fiscal Performance of State: An Alternative Approach", Economic and Political Weekly, Vol.XI, No.31, July 20.
[6]. Rao, M. Govinda, (2000), "State Finances in India: Issues and Challenges", Economic and Political Weekly, Vol.XXXVII, No.31, Aug.3.
[7]. Oommen, M.A., (1987), "Relative Tax Efforts of States", Economic and Political Weekly, Vol.XXII, No. 11.
WEB SITES
[8]. Reserve Bank of India, State Finances: A Study of Budget from 1990-91 to 2014-'15, www.rbi.org.in
[9]. Central Statistical Origanisation, www.mospi.org.in

Abstract:
The constitution of India endowed Indian states by means of many revenue sources. Meanwhile, it burdened them with a host of developmental obligations also. As a result, vertical inequity and horizontal inequity are very common in the finances of Governments in any federal set-up for which India is no exception. Due to these inequities in the distribution of revenue sources and responsibilities, most of the state Governments was subject to under performance of their fiscal functions. Therefore, undertaking of developmental obligations without much strain on the finances of the Governments is one of the core issues of state finance. State Governments are making strenuous efforts in adjusting their financial operations so as to have a balanced fiscal without having much deficits or strains. Whether the finances of state governments are subject to fiscal strain or ease can be assessed by means of certain devices known as fiscal health indicators or fiscal soundness indicators. As such, measurement of fiscal health or soundness forms an integral part of any analysis pertaining to state finances. This aspect of state finances in Indian federation form the subject matter of this study. Meanwhile, it burdened them with a host of developmental obligations also. As a result, vertical inequity and horizontal inequity are very common in the finances of Governments in any federal set-up for which India is no exception. Due to these inequities in the distribution of revenue sources and responsibilities, most of the state Governments was subject to under performance of their fiscal functions. Therefore, undertaking of developmental obligations without much strain on the finances of the Governments is one of the core issues of state finance. State Governments are making strenuous efforts in adjusting their financial operations so as to have a balanced fisc without having much deficits or strains. Whether the finances of state governments are subject to fiscal strain or ease can be assessed by means of certain devices known as fiscal health indicators or fiscal soundness indicators. As such, measurement of fiscal health or soundness forms an integral part of any analysis pertaining to state finances. This aspect of state finances in Indian federation form the subject matter of this study.