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The core emphasis of rules-based fiscal legislation at the subnational level in India is to achieve debt sustainability through a numerical ceiling on borrowing and the use of borrowed resources for public capital investment by phasing out revenue deficits. Using the Arellano Bond Panel...
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The impact assessment of macroeconomic policies on public health expenditure is very relevant in Indian economy because … of tax reform, fiscal consoli- dation, and expenditure policy reform. These have been undertaken after economic … slowing down of growth in public health expenditure and a huge disparity in the allocation of budget toward health care among …
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