DOCSLIB.ORG

M. A.II Public Economics Title English.P65

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
M. A.II Public Economics Title English.P65 HI SHIVAJI UNIVERSITY, KOLHAPUR CENTRE FOR DISTANCE EDUCATION Public Economics (Group C - Compulsory Paper-V) For M. A. Part-II KJ Copyright © Registrar, Shivaji University, Kolhapur. (Maharashtra) First Edition 2013 Prescribed for M. A. Part-II All rights reserved. No part of this work may be reproduced in any form by mimeography or any other means without permission in writing from the Shivaji University, Kolhapur (MS) Copies : 200 Published by: Dr. D. V. Muley Registrar, Shivaji University, Kolhapur-416 004. Printed by : Superintendent, Shivaji University Press, Kolhapur-416 004 ISBN-978-81-8486-474-8 # Further information about the Centre for Distance Education & Shivaji University may be obtained from the University Office at Vidyanagar, Kolhapur-416 004, India. # This material has been produced with the developmental grant from DEC-IGNOU, New Delhi. (ii) Centre for Distance Education Shivaji University, Kolhapur I ADVISORY COMMITTEE I Prof. (Dr.) N. J. Pawar Prof. (Dr.) K. S. Rangappa Vice-Chancellor, Hon. Vice-Chancellor, Karnataka State Open Shivaji University, Kolhapur University, Mansagangotri, Mysore Prof. (Dr.) R. Krishna Kumar Prof. V. Venkaih Hon. Vice-Chancellor, Yashwantrao Chavan Director, Academic Dr. B. R. Ambedkar Maharashtra Open University, Dnyangangotri, Open University Rd. No. 46, Jubilee Hill, Near Gangapur Dam, Nasik Hyderabad-33 Andhrapradesh Dr. A. P. Gavali Dr. J. S. Patil Dean, Faculty of Arts, Dean, Faculty of Social Sciences, Shivaji University, Kolhapur Shivaji University, Kolhapur Dr. C. J. Khilare Dr. R. G. Phadatare Dean, Faculty of Science, Dean, Faculty of Commerce, Shivaji University, Kolhapur Shivaji University, Kolhapur Prof. (Dr.) A. B. Rajge Prof. (Dr.) D. V. Muley Director, B.C.U.D., Registrar, Shivaji University, Kolhapur Shivaji University, Kolhapur Dr. B. M. Hirdekar Shri. B. S. Patil, Controller of Examination Finance and Accounts Officer, Shivaji University, Kolhapur Shivaji University, Kolhapur Prof. (Dr.) A. N. Joshi Prof. (Dr.) Jayaprakash A. Shinde Vaishnavi Appartments, Flat No. 8, Shrirang (Member Secretary) nagar, Near Pumping Station, Director, Centre for Distance Education, Near Gangapur Dam, Nasik Shivaji University, Kolhapur. I B. O. S. MEMBERS OF ECONOMICS I Chairman- Dr. Dinkar Rangnath Khatake Shivraj College of Arts, Commerce & D. S. Kadam Science College, Gadhinglaj, Dist. Kolhapur. G Dr. A. A. Dange G Dr. Jagnnath Shamrao Patil Professor & Head, Department of Economics, Arts & Commerce College, Kadepur, Shivaji University, Kolhapur. Tal. Khanapur, Dist. Sangli. G Dr. Lalasaheb Narayan Ghatage G Dr. R. G. Korabu Chh. Shivaji College, Satara D. D. Shinde Sarkar College, Kolhapur. G Dr. M. N. Gosavi G Dr. V. V. Mahamuni Night College of Arts & Commerce, Associate Professor and Head, Dept. of Bindu Chowk, Kolhapur. Economics, Veer Wajekar A. S. C. College, Phunde (Uran), Navi Mumbai. G Dr. Anand Dhanavant Lodade Shahaji Raje Mahavidyalaya, Khatav, G Dr. P. S. Kamble Dist. Satara Dept. of Economics, Shivaji University, Kolhapur. G Dr. Arjun Subarao Patil S. B. Khade Mahavidyalaya, Koparde, Tal. Karveer, Dist.-Kolhapur. (iii) Centre for Distance Education Public Economics Shivaji University, Kolhapur. Writing Team Authors Unit No. Dr. R. G. Korbu 1 D. D. Shinde Sarkar College, Kolhapur Dr. P. S. Kamble 2 Department of Economics, Shivaji University, Kolhapur Dr. D. K. More 3 Arts, Science and Commerce College, Ashta Dr. Shivaji Murlidhar Bhosale 4 Balwant College, Vita, Dist. Sangli Dr. Anna Kaka Patil 5 S. G. M. College, Karad Dr. L. N. Ghatage 6 Chh. Shivaji College, Satara Dr. Subhash A. Jadhav 7 D. R. Mane Mahavidyalaya, Kagal Prof. Subhash D. Dagade 8 Smt. Mathubai Garware Kanya Mahavidyalaya, Sangli I Editors I Dr. Subhash A. Jadhav Prof. Subhash D. Dagade D. R. Mane Mahavidyalaya, Kagal Smt. Mathubai Garware Kanya Mahavidyalaya, Sangli (iv) Preface It is with Pride and Pleasure that we place before the readers the first edition of our book 'Public Economics'. Shivaji University has introduced the Distance Education mode for its external students. This book of Public Economics (Group-C-Compulsory Paper-V) is written for M. A. Part-II students. The writers tried to simplify the various concepts of Public Economics. In order to simplify the contents of the book, the schedules, diagrams, charts and keywords are given wherever necessary for better understanding. This book is divided into eight units. These units include the Role of Government in Society, Theory of Public Choice and Public Policy, Theory of Public Expenditure, Theory of Taxation, Theory of Public Debt, Fiscal Policy, Theory of Fiscal Federalism, Indian Public Finance. This book will help the students to understand the basic issues in theoratical aspects of public finance and Indian Public Finance. This book is a collective endeavour of a dedicated team of teachers, well supported by technical as well as administrative staff at the Distance Education Centre, Shivaji University, Kolhapur. We are sure you will find this book useful. We thank all those directly or indirectly involved in giving the book its final shape. I Editors I Dr. Subhash A. Jadhav Prof. Subhash D. Dagade D. R. Mane Mahavidyalaya, Kagal Smt. Mathubai Garware Kanya Mahavidyalaya, Sangli (v) M. A. Part-I Economics Group - C : Compulsory Paper-V Public Economics INDEX Unit No. Topic Page No. 1 Role of Government in Society 1 2 Theory of Public Choice and Public Policy 32 3 Theory of Public Expenditure 61 4 Theory of Taxation 89 5 Theory of Public Debt 120 6 Fiscal Policy 151 7 Theory of Fiscal Federalism 170 8 Indian Public Fianance 225 (vii) Each Unit begins with the section Objectives - Objectives are directive and indicative of : 1. What has been presented in the Unit and 2. What is expected from you 3. What you are expected to know pertaining to the specific Unit once you have completed working on the Unit. The self check exercises with possible answers will help you to understand the Unit in the right perspective. Go through the possible answer only after you write your answers. These exercises are not to be submitted to us for evaluation. They have been provided to you as Study Tools to help keep you in the right track as you study the Unit. (viii) Unit 1 Role of Government in Society 1.0 Objectives 1.1 Introduction 1.2 Subject Matter (I) Role of Government in Society (II) Changing perceptive of the Government (III) Government in Capatalist Economy. (IV) Government in Socialist Economy (V) Government in Mixed Economy 1.2.1 Government as an agent for economic planning and development 1.2.2 Government as a tool for operationalizing the planning process. 1.3 Classifictaion of Goods (A) Private Goods (B) Public Goods (C) Merit Goods (D) Public Goods and Market Failure (E) Public Goods and Imperfections (F) Public Goods and Decreasing Cost 1.4 Externalities - THeory of Second Best 1.5 Summary 1.6 Glossary 1.7 Questions for Self-Study 1.8 Execise 1.9 Reference Books 1 Objectives : The followings are basic objectives to know the role of Government Unit - 1. To know the role of Government and its changing perspective. 2. To know role of Government in capitalist, socialist and mixed economy. 3. To study how does the Government works as an agent for economic planning and development. 4. To understand that how the Government Machinery works as a tool for the operationalizing the planning process. 5. To understand the classification of private goods, public goods and merit goods. 6. To know the public goods with market failur, imperfection and decreasing cost. 7. To know the externalities - theory of second best. 1.1 Introduction : The World Bank spokes in its Development Report of 1988 about the role of Public Finance in development that the rapid expansion of the public sector in recent decades and the emergence of fiscal crises in most developing countries during the 1980s have made public finance the focus of the development and adjustment challenge. Public Economics is essential to correct the market failure through the provision of public goods and servives, through public investment and investment and through taxes, subsidies and regulations. The scholars like Amresh Bagehi, Joseph E, Stiglitz have mentioned a number of areas where selective interventions in the market place are needed by the Government machinery. 1.2 Subject Matter It is great pleasure that in this Unit we are going to study the role of Government to have welfare in the economy. Alongwith this we have to see the role of Government in capitalist economy, socialist economy and mixed economy, provision of various goods with market failure etc. Finally, we must see that how externality works in the public economics with its theoretical approach. 2 (A) Role of Government in Society Historical evidence suggests that the scale of public finance has increased dramatically in advanced countries. World War II is mainly responsible for its increase. In past, it was realised that the growth of public revenue was keeping pace with that of Government spending, but in recent decades expenditure have increased more than revenue due to deficit budget. Joseph E. Stiglitz is his key note address at the annual World Bank Conferene on Development Economies in 196 argued that the appropriate role of Government in economic development. In other words he discussed “the fiscal tasks of the state in a developing economy.” Stiglitz opined that the Government can assist economic development through establishing infrastructure in its broadest way namely educational, technological, financial, physical, environmental and social. Let us see that role of Government in the society by classical economists and modern economist. I) Classical Economists View : According to Adam Smith following are the important role of Government in the society. (a) Provision of Defence Capitalism is based on profit motive and free trade. Thus, it is the Government which has to protest countries economic freedom by keeping efficient defence facility in a country.
Load more

Recommended publications
  • Chapter 1 INTRODUCTION 1.1 the Thirteenth Finance Commission
    1 Chapter 1 INTRODUCTION 1.1 The Thirteenth Finance Commission has the unique opportunity to review and draw inferences from nearly six decades of federalism in public finance management of the nation. Based on such inferences, a much needed course correction can be initiated, reversing a trend that has been eroding the very concept of fiscal federalism. Government of Kerala would earnestly plead for such a focus in the work of this Commission. 1.2 Articles of the Constitution between 268 and 275 have designed a well-structured system whereby States get benefit from the Centre’s taxation power. The purpose is clear from the wording of Article 275 which is the final residual Article in this structure. Aid to the revenues of States is what the makers of Constitution had in mind. This really gives Finance Commission the authority to deal with the entire area where States’ revenues are applied – not just one part like non-plan revenue account expenditure. But Commissions chose to confine themselves to that area (with only one exception in recent times – Second report of the Ninth Finance Commission covering the period 1990- 95). Over the years, somehow it came to be accepted that Finance Commissions’ main task is to try and balance the non-plan revenue account of Stat es. 1.3 Whenever Commissions chose (or were asked) to look into other aspects, it was either for providing supplementary provisions for developmental expenditure (like special problem grants) or admonish States and guide them out of what was perceived to be their fiscal imprudence. The administration of such condition based grants and debt relief schemes was entrusted with Central Government Ministries.
    [Show full text]
  • FUNDS RECOMMENDED by 12Th FINANCE COMMISSION and RELEASED by GOVT
    FUNDS RECOMMENDED BY 12th FINANCE COMMISSION AND RELEASED BY GOVT. OF INDIA IN DIFFERENT YEARS (Rs. in Crores) Released by Recommendation Released by Recommendation Released by Recommendation Recommendation Released Recommendation Released by Recommendation Released by SL PURPOSES / SCHEMES GOI by of TFC GOI of TFC GOI of TFC of TFC by GOI of TFC GOI of TFC GOI (31.12.07) 2005-06 2006-07 2007-08 2008-09 2009-10 2005-10 1 Non-plan Revenue Deficit Grant. 488.04 488.04 0.00 0.00* 0.00 0.00 0.00 0.00 0.00 0.00 488.04 488.04 2 Central Share of Calamity Relief 226.16 226.16 232.68 232.68 239.53 239.53 246.73 324.50 254.27 0.00 1199.37 1022.87 3 Top up Grant for Education Sector 53.49 53.46 58.57 58.57 64.13 64.13 70.22 35.11 76.89 0.00 323.30 211.27 4 Top up Grant for Health Sector 31.22 31.22 34.81 34.81 38.81 19.41 43.28 21.64 48.25 0.00 196.37 107.08 5 Maintenance of Roads & Bridges. 0.00 0.00 368.77 368.77 368.77 368.77 368.77 368.77 368.77 0.00 1475.08 1106.31 6 Maintenance of Public Buildings. 0.00 0.00 97.28 97.28 97.28 97.28 97.29 48.65 97.29 0.00 389.14 243.21 7 Maintenance of Forests. 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 0.00 75.00 60.00 8 Heritage Conservation 0.00 0.00 12.50 12.50 12.50 12.50 12.50 9.37 12.50 0.00 50.00 34.37 9 State Specific Need (a+b) 0.00 0.00 42.50 40.50 42.50 3.75 42.50 46.44 42.50 0.00 170.00 131.44 a) Chilika Lake 0.00 0.00 7.50 7.50 7.50 3.75 7.50 11.44 7.50 0.00 30.00 26.44 b)Sewerage System for Bhubaneswar 0.00 0.00 35.00 33.00 35.00 0.00 35.00 35.00 35.00 0.00 140.00 105.00 10 Grants for local bodies.
    [Show full text]
  • Detailed Project Report Extension of Mumbai Metro Line-4 from Kasarvadavali to Gaimukh
    DETAILED PROJECT REPORT EXTENSION OF MUMBAI METRO LINE-4 FROM KASARVADAVALI TO GAIMUKH MUMBAI METROPOLITAN REGION DEVELOPMENT AUTHORITY (MMRDA) Prepared By DELHI METRO RAIL CORPORATION LTD. October, 2017 DETAILED PROJECT REPORT EXTENSION OF MUMBAI METRO LINE-4 FROM KASARVADAVALI TO GAIMUKH MUMBAI METROPOLITAN REGION DEVELOPMENT AUTHORITY (MMRDA) Prepared By DELHI METRO RAIL CORPORATION LTD. October, 2017 Contents Pages Abbreviations i-iii Salient Features 1-3 Executive Summary 4-40 Chapter 1 Introduction 41-49 Chapter 2 Traffic Demand Forecast 50-61 Chapter 3 System Design 62-100 Chapter 4 Civil Engineering 101-137 Chapter 5 Station Planning 138-153 Chapter 6 Train Operation Plan 154-168 Chapter 7 Maintenance Depot 169-187 Chapter 8 Power Supply Arrangements 188-203 Chapter 9 Environment and Social Impact 204-264 Assessment Chapter 10 Multi Model Traffic Integration 265-267 Chapter 11 Friendly Features for Differently Abled 268-287 Chapter 12 Security Measures for a Metro System 288-291 Chapter 13 Disaster Management Measures 292-297 Chapter 14 Cost Estimates 298-304 Chapter 15 Financing Options, Fare Structure and 305-316 Financial Viability Chapter 16 Economical Appraisal 317-326 Chapter 17 Implementation 327-336 Chapter 18 Conclusions and Recommendations 337-338 Appendix 339-340 DPR for Extension of Mumbai Metro Line-4 from Kasarvadavali to Gaimukh October 2017 Salient Features 1 Gauge 2 Route Length 3 Number of Stations 4 Traffic Projection 5 Train Operation 6 Speed 7 Traction Power Supply 8 Rolling Stock 9 Maintenance Facilities
    [Show full text]
  • VIDHI CENTRE for LEGAL POLICY Fiscal Federalism in India: Some
    Draft for Delivery VIDHI CENTRE FOR LEGAL POLICY New Delhi 23 Sept. 2015 Fiscal Federalism in India: Some Reflections Y.V. Reddy1 Friends, I had a brief exposure to the expertise available with Vidhi Centre for Legal Policy in connection with the work relating to the 14th Finance Commission. I was impressed with their professionalism and commitment. I, therefore, felt that my admiration for their valuable work should be demonstrated by my participating in this event, to release the Briefing Book on Cooperative Federalism. This book is valuable because it addresses specific issues of contemporary relevance, and suggests approaches around which discussions may take place, and way forward contemplated. This book, therefore, should be of interest to a broad range of policy-makers, academics and jurists. The book gives a succinct account of the concept of cooperative fiscal federalism currently under intense debate. Theory of fiscal federalism and its practice in India is one but important element of cooperative federalism and it is well documented in great detail by many eminent scholars. In particular, my friend, Professor M. Govinda Rao is an acknowledged authority on the subject. I cannot add anything more today to what has been written by him on the subject. One of the reasons for considerable contemporary debate on the subject of this book is the report of the 14th Finance Commission, and perhaps, I am expected to dwell on it. Having been a co-author of the report, it may not be appropriate for me to explain, elaborate or defend, what has been stated. So, I consulted the organizers on what I should do.
    [Show full text]
  • Public Finance and Policy
    Introduction to the Institute 39TH ANNUAL REPORT 2014-2015 NAT ONAL OF UBLIC FINANCE I NSTITUTE POLICY & page | 1 NIPFP Annual Report 2014-2015 ANNUAL REPORT APRIL 1ST, 2014 – MARCH 31ST, 2015 PRINTED AND PUBLISHED BY: THE SECRETARY NATIONAL INSTITUTE OF PUBLIC FINANCE AND POLICY AN AUTONOMOUS RESEARCH INSTITUTE UNDER THE MINISTRY OF FINANCE, GOVERNMENT OF INDIA 18/2, SATSANG VIHAR Marg, SPECIAL INSTITUTIONAL AREA (NEAR JNU), NEW DELHI 110067 TEL.: 011 26569303, 26569780, 26569784 FAX: 91-11-26852548 EMAIL: [email protected] WEBSITE: www.nipfp.org.in COMPILED, CONCEPT, DESIGN & EDITED BY: SAMREEN BADR COVER DESIGN, TEXT DESIGN ARTWORKS & PRINTED BY: VAP EMAIL: [email protected] TEL: 09811285510 NATIONAL INSTITUTE OF PUBLIC FINANCE AND POLICY, NEW DELHI PROVIDING POLICY ADVICE SINCE 1976 2 | page Introduction to the Institute CONTENTS Introduction to the Institute5 Annexures List of Studies 2014-2015i Research Activities17 ii NIPFP Working Paper Seriesv Fiscal/Taxation-related Studies of Central and ii Internal Seminar Series v State Government19 iii Macroeconomic and Financial Sector Policy List of Governing Body Members as on 31.3.2015i Studies20 x List of Priced Publicationsx State Development Studies 24 iv Published Material of NIPFP Facultyx Other Studies28 ix New Projects initiated30 List of Staff Members as on 31.3.2015x Workshops, Seminars, Meetings and xv Conferences3 List of Sponsoring, Corporate, Permanent and 1 Ordinary Members as on 31.3.2015x Training Programmes38 xxi Finance and Accountsx NIPFP Publications (2014-2015)39
    [Show full text]
  • The Post-Reform Performance of the Manufacturing Sector in India*
    Manufacturing Sector Post-reform Performance in India The Post-reform Performance of the Manufacturing Sector in India* Kaliappa Kalirajan Abstract Foundation for Advanced Manufacturing played an important part in sustaining India’s eco- Studies on International Development nomic growth in the 1970s and 1980s. The economic reforms of National Graduate Institute for the early 1990s did not lead to sustained growth of the manufac- Policy Studies (FASID/GRIPS) 2–2, Wakamatsucho turing sector. After an acceleration in the mid-1990s, growth Shinjuku-Ku slowed in the decade’s second half. The analysis presented in this Tokyo 162–8677 paper reveals that manufacturing-sector growth in the post- Japan [email protected] reform period is “input driven” rather than “efficiency driven,” with significant levels of technical inefficiency. The paper advocates Shashanka Bhide policies to improve production efficiency by encouraging invest- National Council of Applied Economic Research ment in research and development, technical training for workers, 11 I.P. Estate and technology-aided managerial processes. New Delhi 110002 India [email protected] and Institute for Social and Economic Change Nagarabhavi 1. The setting: Growth and competitiveness of India’s Bangalore 560072 India manufacturing sector India’s nonagricultural sectors produced 75 percent of the overall output of the country’s economy in 1993–2002. Of these nonagricultural sectors, manufacturing accounted for 23 percent of total GDP; the electricity, water supply and gas, mining, and construction subsectors accounted for 9 percent; and the service sector, comprising all other subsectors, accounted for the remaining 43 percent. Thus, manufacturing, when considered a single group of activi- ties, is a major sector in the Indian economy.
    [Show full text]
  • Speech of Dr. Manmohan Singh, Minister of Finance, Introducing the Budget for the Year 1995-96*
    SPEECH OF DR. MANMOHAN SINGH, MINISTER OF FINANCE, INTRODUCING THE BUDGET FOR THE YEAR 1995-96* Highlights — Proposal to establish Rural Infrastructural Development Fund — Providing Rural Credit Facilities to SCs and STs — Proposal to support Village Industries — Extending Financial Assistance to Small Scale Industries — Proposal to set up North Eastern Development Bank (NEDB) — Proposal to launch a new Anti-poverty Scheme — Scheme to promote Social Insurance — Proposal to establish an Independent Regulatory Authority for the Insurance Industry — Proposal for Tax Holiday — Implementation of Integrated Urban Poverty Eradication Programme Sir, I rise to present the Budget for 1995-96. Four years have passed since our Government, under the leadership of Prime Minister Shri P.V. Narasimha Rao, took office in the midst of an Budget, 1995-96 Total Receipts — Rs. 1,67,151 crore Total Expenditure — Rs. 1,72,151 crore Deficit — Rs. 5,000 crore * Lok Sabha Debate, 15.3.1995, cc. 204-228. 1401 1402 FINANCE MINISTERS’ BUDGET SPEECHES unprecedented economic crisis. Our immediate task was to save the nation from a relentless slide into the abyss of falling production, soaring inflation and deepening poverty. We dealt swiftly with the immediate crisis and we also worked towards a broader objective of shifting the economy on to a path of rapid, employment-generating growth. Our aim was to raise India to her rightful place in the comity of nations. Sometimes, in the heat of political debate, we lose sight of what has already been achieved. Let me take a few minutes to outline how far we have come since those grim days of 1991: • The growth of our economy had fallen to less than one per cent in 1991-92.
    [Show full text]
  • Dosti Greater Thane Brochure
    THE CITY OF HAPPINESS CITY OF HAPPINESS Site Address: Dosti Greater Thane, Near SS Hospital, Kalher Junction 421 302. T: +91 86577 03367 Corp. Address: Adrika Developers Pvt. Ltd., Lawrence & Mayo House, 1st Floor, 276, Dr. D. N. Road, Fort, Mumbai - 400 001 • www.dostirealty.com Dosti Greater Thane - Phase 1 project is registered under MahaRERA No. P51700024923 and is available on website - https://maharerait.mahaonline.gov.in under registered projects Disclosures: (1) The artist’s impressions and stock image are used for representation purpose only. (2) Furniture, fittings and fixtures as shown/displayed in the show flat are for the purpose of showcasing only and do not form part of actual standard amenities to be provided in the flat. The flats offered for sale are unfurnished and all the amenities proposed to be provided in the flat shall be incorporated in the Agreement for Sale. (3) The plans are tentative in nature and proposed but not yet sanctioned. The plans, when sanctioned, may vary from the plans shown herein. (4) Dosti Club Novo is a Private Club House. It may not be ready and available for use and enjoyment along with the completion of Dosti Greater Thane - Phase 1 as its construction may get completed at a later date. The right to admission, use and enjoyment of all or any of the facilities/amenities in the Dosti Club Novo is reserved by the Promoters and shall be subject to payment of such admission fees, annual charges and compliance of terms and conditions as may be specified from time to time by the Promoters.
    [Show full text]
  • Thirteenth Finance Commission
    ADVOCACY PAPER THIRTEENTH FINANCE COMMISSION (2010-2015) Memoranda by the Government of Bihar and Political Parties & Professional Organisations & Brief Recommendations for the State Centre for Economic Policy and Public Finance Asian Development Research Institute 0 Publisher Centre for Economic Policy and Public Finance Asian Development Research Institute BSIDC Colony, Off Boring-Patliputra Road Patna – 800 013 (BIHAR) Phone : 0612-2265649 Fax : 0612-2267102 E-mail : [email protected] Website : www.adriindia.org Printer The Offsetters (India) Private Limited Chhajjubagh, Patna-800001 Disclaimer Usual disclaimers apply 1 CONTENTS Page No. PART A Brief Recommendations by the 4-8 Thirteenth Finance Commission PART B Bihar Government Memorandum 12-124 to the Thirteenth Finance Commission PART C Political Parties & Professional 130-207 Organisations’ Memorandum to the Thirteenth Finance Commission 2 PART A Brief Recommendations by the Thirteenth Finance Commission 3 Background In the existing federal financial arrangements of India, the financial resources are transferred from the centre to the states through a number of mechanisms. However, among them, it is the Finance Commission awards that are most important, both because of its size and the mandatory character of these recommendations. When the Thirteenth Finance Commission was formed in 2008, the Centre for Economic Policy and Public Finance (CEPPF) had already been established by the Government of Bihar in the Asian Development Research Institute (ADRI). As such, the CEPPF was entrusted with the responsibility of preparing the memorandum of the state government, to be presented to the Commission. For the three earlier Commissions, ADRI had presented a memorandum to the Tenth and Eleventh Finance Commission on its own behalf and, for the Twelfth Finance Commission, it had prepared and submitted a memorandum on behalf of all the political parties and professional organisations in the state.
    [Show full text]
  • India Urban Infrastructure Report 2020
    Research India Urban Infrastructure knightfrank.co.in/research Report 2020 Special Focus on Mumbai Transport Infrastructure with Key Impact Markets INDIA URBAN INFRASTRUCTURE REPORT 2020 Mumbai HO Knight Frank (India) Pvt. Ltd. Paville House, Near Twin Towers Off. Veer Savarkar Marg, Prabhadevi Mumbai 400 025, India Tel: +91 22 6745 0101 / 4928 0101 Bengaluru Knight Frank (India) Pvt. Ltd. 204 & 205, 2nd Floor, Embassy Square #148 Infantry Road Bengaluru 560001, India Tel: +91 80 4073 2600 / 2238 5515 Pune Knight Frank (India) Pvt. Ltd. Unit No.701, Level 7, Pentagon Towers P4 Magarpatta City, Hadapsar Pune 411 013, India Tel: +91 20 6749 1500 / 3018 8500 Chennai Knight Frank (India) Pvt. Ltd. 1st Floor, Centre block, Sunny Side 8/17, Shafee Mohammed Road Nungambakkam, Chennai 600 006, India Tel: +91 44 4296 9000 Gurgaon Knight Frank (India) Pvt. Ltd. Office Address: 1505-1508, 15th Floor, Tower B Signature Towers South City 1 Gurgaon 122 001, India Tel: +91 124 4782 700 Hyderabad Knight Frank (India) Pvt. Ltd. SLN Terminus, Office No. 06-01, 5th Floor Survey No. 133, Gachibowli Hyderabad – 500032, India Tel: +91 40 4455 4141 Kolkata Knight Frank (India) Pvt. Ltd. PS Srijan Corporate Park Unit Number – 1202A, 12th Floor Block – EP & GP, Plot Number - GP 2 Sector – V, Salt Lake, Kolkata 700 091, India Tel: +91 33 6652 1000 Ahmedabad Knight Frank (India) Pvt. Ltd. Unit Nos. 407 & 408, Block ‘C’, The First B/H Keshav Baugh Party Plot Vastrapur, Ahmedabad – 380015 Tel: +91 79 4894 0259 / 4038 0259 www.knightfrank.co.in/research 2 INDIA URBAN INFRASTRUCTURE REPORT 2020 CONTENTS 1 2 3 The Urbanisation Challenges of Regulating Phenomenon Sustainability and Urbanisation in India Liveability Page no.........................
    [Show full text]
  • Hidden Cities: Reinventing the Non-Space Between Street and Subway
    University of Pennsylvania ScholarlyCommons Publicly Accessible Penn Dissertations 2018 Hidden Cities: Reinventing The Non-Space Between Street And Subway Jae Min Lee University of Pennsylvania, [email protected] Follow this and additional works at: https://repository.upenn.edu/edissertations Part of the Architecture Commons, and the Urban Studies and Planning Commons Recommended Citation Lee, Jae Min, "Hidden Cities: Reinventing The Non-Space Between Street And Subway" (2018). Publicly Accessible Penn Dissertations. 2984. https://repository.upenn.edu/edissertations/2984 This paper is posted at ScholarlyCommons. https://repository.upenn.edu/edissertations/2984 For more information, please contact [email protected]. Hidden Cities: Reinventing The Non-Space Between Street And Subway Abstract The connections leading to underground transit lines have not received the attention given to public spaces above ground. Considered to be merely infrastructure, the design and planning of these underground passageways has been dominated by engineering and capital investment principles, with little attention to place-making. This underground transportation area, often dismissed as “non-space,” is a by-product of high-density transit-oriented development, and becomes increasingly valuable and complex as cities become larger and denser. This dissertation explores the design of five of these hidden cities where there has been a serious effort to make them into desirable public spaces. Over thirty-two million urbanites navigate these underground labyrinths in New York City, Hong Kong, London, Moscow, and Paris every day. These in-between spaces have evolved from simple stairwells to networked corridors, to transit concourses, to transit malls, and to the financial engines for affordable public transit.
    [Show full text]
  • Reseteveryday in the Future of Urban Connectivity Stock Image for Representation Purpose Only
    #ResetEveryday in the future of urban connectivity Stock image for representation purpose only. IN PARTNERSHIP WITH The Project registered as “Godrej Emerald Thane” with MahaRERA No. P51700000120 available at: http://maharera.mahaonline.gov.in The Sale is subject to terms of Application Form and Agreement for Sale. All specifications of the unit shall be as per the final agreement between the Parties. Recipients are advised to apprise themselves of the necessary and relevant information of the project prior to making any purchase decisions. The upcoming infrastructure facility(ies) mentioned in this document are proposed to be developed by the Government and other authorities and we cannot predict the timing or the actual provisioning of these facility(ies), as the same is beyond our control. We shall not be responsible or liable for any delay or non-provisioning of the same. The official website of Godrej Properties Limited is www.godrejproperties.com. Please do not rely on the information provided on any other website. Situated in the lap of nature, Godrej Emerald lets you bask in the serenity of the beautiful Yeoor hills. Break free and unwind, every day with mesmerizing views and surreal surroundings. The designs, dimensions, facilities, images, specifications, items, electronic goods, additional fittings/fixtures, shades, sizes and colour of the tile and other details shown in the image are only indicative in nature and are only for the purpose of indicating a possible layout and do not form part of standard specification/amenities to be provided in the project. Artist’s impression. Not an actual site photograph. Towards Vasai-Virar RESET EVERYDAY AT A HOME METRO LINE 10 Towards GAIMUKH JUNCTION THAT IS WELL-CONNECTED Western Suburbs STATION MIRA ROAD 14 min drive time from Godrej Emerald$ METRO LINE 4A Highway METRO LINE 10 A SERENE NEIGHBOURHOOD GODREJ Express EMERALD Kasarvadavali Surround yourself with the effervescence of nature.
    [Show full text]