International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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PUBLIC DEBT IN INDIA : TRENDS, ISSUE AND CHALLENGES

    1 Author(s):  PRADEEP KUMAR PAL

Vol -  1, Issue- 2 ,         Page(s) : 251 - 255  (2010 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

The government requires financial resources to manage various activities for planned economic development of the country. It is a means to attainment of growth. The term resource mobilization covers much more than taxation. So, resource mobilization is done by the government not only through taxation but through, public debt, and deficit financing.

Bhatia H.L.(2003), Public Finance, Vikas Publishing House, New Delhi.
Barman. K.(1986), Public Debt Management in India, Uppal Publishing House, New Delhi. 
Government of India, ‘Economic Survey 2002-03’ (New Delhi, 2003)

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