https://www.taxtmi.com/news?id=21297 Economists urged a total view of consolidated public sector borrowings-including off budget transactions, PSUs' borrowings and contingent liabilities-to safeguard debt sustainability and policy coordination; they stressed divergent state debt positions, repayment pressure from the maturity profile of state development loans, the need for both expenditure adjustments and new revenue measures, and improvements in budgeting realism. They also recommended reassessing the horizontal devolution formula and grant design to incentivise human development, account for forest quality and intra state inequality, consider population composition incentives, reinstate specific purpose grants, and strengthen the national statistical system. en-us Thu, 09 May 2019 14:28:25 +0530 Thu, 09 May 2019 14:28:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21297 Economists urged a total view of consolidated public sector borrowings-including off budget transactions, PSUs' borrowings and contingent liabilities-to safeguard debt sustainability and policy coordination; they stressed divergent state debt positions, repayment pressure from the maturity profile of state development loans, the need for both expenditure adjustments and new revenue measures, and improvements in budgeting realism. They also recommended reassessing the horizontal devolution formula and grant design to incentivise human development, account for forest quality and intra state inequality, consider population composition incentives, reinstate specific purpose grants, and strengthen the national statistical system. News - Thu, 09 May 2019 14:28:25 +0530 https://www.taxtmi.com/news?id=21297