cover image: Finances of the Government of India Since 1921. Sir Kikabhai Premchand Readership Lectures Delivered in 1932 at Delhi University

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Finances of the Government of India Since 1921. Sir Kikabhai Premchand Readership Lectures Delivered in 1932 at Delhi University

1932

In the decade 1921-1931 we witness in the general economic conditions as well as in the financial situation in India a clear reflection of the posture of world affairs and can trace in them the working of the forces set in motion by the war and the consequences of the peace which closed it. [...] To vary the metaphor after all the trials and tribulations of the early Years of the decade the ship of the financial state of the Government of India finds itself at the close of the period in troubled waters again.. [...] The budget screeches of the Finance Member afford us glimpses of the recognition that Government's difficulties in the crisis at the close of the decade had to do with the legacy of preceding years as well as with the anxiety to prepare for the transfer of management of national finances to the hands of responsible ministers under the proposed new constitution. [...] Ample material for this study will be found in the annual budget speeches and financial statements of the Finance Members in the reports of retrenchment and other committees like the Committee on Taxation on Fkternal Capital and on Railways in the reports on the management of the currency the Reviews of the sea-borne trade of India and in the reports of the-Currency Commissions and Committees [...] (1) The sepration of railway finance from general national finance (2) the adop tion of the policy of fiscal protection (3) the consolidation and the iprovement of the public debt position and (4) the extinction of the provincial contributions which had been acting like handicaps on the Governments of the Provinces in the development of nation-building departments are some of the outstan
history
Pages
118
Published in
India
SARF Document ID
sarf.141383
Segment Pages Author Actions
Frontmatter
i-vii V. G. Kale view
Chapter I The Decade Under Review
1-14 unknown view
Chapter II The Three Distinct Periods in the Decade
15-29 unknown view
Chapter III The First Period—Depression Deficits and Dead-Weight Debt
30-51 unknown view
Chapter IV Second Period—Recovery and Reconstruction
52-71 unknown view
Chapter V Third Period—Lull Before The Storm
72-93 unknown view
Chapter VI The Storm Bursts—Conclusion Retrospect and Prospect
94-111 unknown view

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