Central Loans to States and Finance Commission
Price: $69.30 $77.00
Author
Edition
1st ed.
Publisher
ISBN
9788184503708
Length
ix+378p., Illustrations; Bibliography; Index; 23cm.
Subjects
The indebtedness of the states in India has been growing rapidly, its major cause being the high corporation of loans in the Central assistance for the plans. The states, particularly the backward states, encounter serious difficulties in servicing such loans. Several times, states are compelled to borrow for repayment of the principal and interest resulting in reverse flow of resources form the states to the centre. This trend has posed severe constraints before ...
