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VOL. 3, ISSUE 2 (2021)
Public debt management of government of India and fiscal indicators for sustainability of public debt
Authors
Amlan Datta, Ranjit Kr Ghosh, Tapas Mallik, Jayanta Chakroborti, Mahendra Nath Roy
Abstract
Sound and prudent debt management policy as very important from the decision of government revenue and expenditure programme. Mismanagement of public debt is responsible for higher deficit of the government budget both in terms of fiscal deficit and primary deficit and that leads to the further debt spiral of the govt which is popularly known as debt trap. For the better management of public debt it is essential to formulate a policy that leads to the proper coordination between fiscal and monetary measurement of the government, proper implementation of FRBM act and maintain proper exchange rate policy for the repayment of external debt. debt management is not only necessary for maintaining fiscal discipline of the country but also to raise the credibility of the government for the further debt consolidation.
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Pages:14-22
How to cite this article:
Amlan Datta, Ranjit Kr Ghosh, Tapas Mallik, Jayanta Chakroborti, Mahendra Nath Roy "Public debt management of government of India and fiscal indicators for sustainability of public debt ". International Journal of Management and Economics, Vol 3, Issue 2, 2021, Pages 14-22
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