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By now the government of India’s latest budget for 2005-06 has already been dissected and commented upon by various research scholars and commentators in this journal and elsewhere. Being the first full budget of the new United Progressive Alliance (UPA)

There is no doubt that the latest central government budget for 2003-04, particularly when judged against the policy discourses that took place around the budget time, has further widened the gulf between promise and reality. The fiscal reform is one area

Intense debate has been taking place in literature in regard to the nature and quality of fiscal adjustment that has been carried out in India since the beginning of the 1990s. There is no doubt that the adjustment process has faced a chequered path. Th

An attempt has been made to present, in the following set of 10 statistical tables, a synoptic view of the Government of India’s budgetary operations during the past decade or so. These data are in nominal numbers, and with a view to establishing compara