Abstract: This research delves into the fiscal discipline landscape, focusing on the compliance of the Indian state of Odisha with the Fiscal Responsibility and Budget Management (FRBM) Act of 2003. As the FRBM Act serves as a crucial framework for fiscal management, this case study explores the extent to which Odisha adheres to the stipulated fiscal targets, debt control measures, and overall fiscal prudence outlined in the Act. The study employs a comprehensive qualitative analysis of budgetary data, debt indicators, and fiscal performance metrics. By scrutinizing Odisha's adherence to the FRBM Act, this research aims to provide valuable insights into the effectiveness of fiscal policies and the state's commitment to sustainable and disciplined financial management.
Keywords: Revenue Deficit, Fiscal Deficit, FRBM Act, Fiscal Discipline.
Title: Fiscal Discipline: A Case Study of Odisha’s Compliance with FRBM Act 2003
Author: Om Samadhan Hande
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
Vol. 12, Issue 1, January 2024 - March 2024
Page No: 49-53
Research Publish Journals
Website: www.researchpublish.com
Published Date: 16-January-2024
