Brief Summary of the points raised by Dr. Jayaprakash Narayan before the Fourteenth Finance Commission

2013-09-13

“This Presentation’s focus focuses on establishing a viable framework for fiscal prudence at a pivotal juncture of India’s economic progress. With India poised to become the third-largest economy, the national round table discusses the urgent need for fiscal reforms. The discussion highlights challenges such as high debt-GDP ratios and the implications of states reverting to the Old Pension Scheme (OPS), stressing the necessity of institutionalizing fiscal prudence to maintain financial stability and intergenerational equity.”

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