Linking National Small Savings Fund Flows with Fiscal Deficit

Blogging has been weak thanks  to this new paper. The paper took  a toll trying to figure the flows and the numbers involved.

Hope this paper provides some clarity over the recent issue of govt. raising its borrowing program by Rs 52,800 cr for H2 2011-12. The primary reason given for this increase was shortfall in NSSF which means govt. needs to raise money from market borrowings. This linkage was interesting and a deep dive helped understand a lot about flow of fiscal balances.

Comments/suggestions welcome

 

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: