ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Financing the Step-up in Plan Investment-Administered Price Hikes or Increased Deficit Financing

Financing the Step-up in Plan Investment Administered Price Hikes or Increased Deficit Financing? K Sundaram Suresh D Tendulkar In the context of financing a step-up in Central public sector investment expenditure in the Union Budget for 1986-87, the Finance Minister posed the choice between increased deficit financing and raising administered prices. He revealed his preference for the latter option.

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