Evaluation of State Finances of Punjab

By BIPP

An extensive study has been conducted for the Fifteenth Finance Commission, Government of India on “Evaluation of State Finances of Punjab” over a period of ten years commencing from the fiscal year 2006-07. The study explored and delivered a broad overview of the fiscal scenario of Punjab by analysing major parameters of the State Governments’ Budget comprising receipts and expenditures of revenue and capital accounts. The study apart from depicting the on-going Budgetary practices of the State Government, also attempted to perform comparative analysis amongst the fiscal parameters with respect to change in their proportion and growth pattern over the years. Furthermore, certain changes have been suggested for improved financial performance of the State.