Comparative Analysis of the Budget of Sri Lanka and the State Budget of Punjab, India

Authors

DOI:

https://doi.org/10.48001/veethika.2024.10.03.001

Keywords:

Budget, Revenue, expenditure, Sri Lanka

Abstract

This research paper provides a comprehensive analysis of the national budget of Sri Lanka and the state budget of Punjab, India. By examining the structure, revenue sources, expenditure patterns, fiscal deficits, and socio-economic priorities of both regions, this paper aims to highlight the differences and similarities in budgetary approaches and their implications for economic development and public welfare. The comparison sheds light on how a sovereign nation and a state within a federal structure allocate their financial resources to achieve their policy objectives. This paper also includes a statistical analysis of key budgetary figures to provide deeper insights into their fiscal health and management.

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References

Chopra, M., & Tiwari, S. (2023). "Tax Administration Challenges in Punjab: Issues and Reforms." Journal of State Taxation, 15(4), 112-134.

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Reserve Bank of India (RBI). (2023). State Finances: A Study of Budgets. https://rbi.org.in/Scripts/AnnualPublications.aspx?head=State%20Finances%20:%20A%20Study%20of%20Budgets.

Singh, A., & Kumar, V. (2023). "Fiscal Stability and Reform in Indian States: The Case of Punjab." India Economic Review, 29(1), 45-68.

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Published

2024-08-28

How to Cite

Mourya, D. (2024). Comparative Analysis of the Budget of Sri Lanka and the State Budget of Punjab, India. VEETHIKA-An International Interdisciplinary Research Journal, 10(3), 1–8. https://doi.org/10.48001/veethika.2024.10.03.001

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Section

Articles