Updated on 17 April 1999

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UP Finances: Budgetary Illusion and Reality

Commentary

Vol. 34, Issue No. 16-17, 17 Apr, 1999

Updated on 17 April 1999

Ajit Kumar Singh

The Uttar Pradesh state budget for 1999-2000 presents a rosy picture of the state's financial situation by manipulating figures of budgetary receipts and expenditure. In reality, all major fiscal indicators show a sharp deterioration in state's finances.

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