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




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