International Journal of Academic Research and Development

International Journal of Academic Research and Development


International Journal of Academic Research and Development
International Journal of Academic Research and Development
Vol. 2, Issue 4 (2017)

Alternative economic policies for India based on analysis of the alternative budget


Shruti Vats

With rising debt and interest burden there was a need for a change in fiscal policy change In the Indian economy. This paper shows the possibility of an alternative change to the IMF dictated budget adopted at that time. A comparison has been made between four scenarios. Scenario I has been drawn up to show the 1994-95 budget if the country would have been persisted with the observed trends of 80s. Scenario II are the projected estimates for 1994-95 if IMF dictated policies are followed. A comparison between the revised estimates of 1993-94 and alternative budget 1994-95 (Scenario IV) has been done.
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How to cite this article:
Shruti Vats. Alternative economic policies for India based on analysis of the alternative budget. International Journal of Academic Research and Development, Volume 2, Issue 4, 2017, Pages 864-867
International Journal of Academic Research and Development International Journal of Academic Research and Development