: This involves creating "new money" to fund projects. While it can stimulate growth, Lekhi warns of the inflationary risks if not managed strictly. Conclusion
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remains a gold standard for Indian students. It strikes the perfect balance between academic depth and exam-oriented preparation. Whether you are struggling to understand the concept of progressive taxation or trying to figure out the intricacies of Centre-State fiscal relations, this book serves as a reliable guide. : This involves creating "new money" to fund projects
, published by Kalyani Publishers , is a primary resource for undergraduate and postgraduate economics students. It is structured into two main parts: the of public finance and its practical application to Indian fiscal problems . 1. Core Subject Matter Users are advised to purchase authorized copies from
RK Lekhi is a renowned economist and academician with extensive experience in teaching and research. He has written several books on economics, including "Public Finance", which is widely used as a textbook in universities and colleges. Lekhi's expertise in public finance has made him a respected authority in the field, and his book is considered a comprehensive guide to understanding public finance.