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The Indian Financial System

by V. K. Subramanian

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📖 The Scoop

The Indian Financial System Is A Lucid Exposition Of The Various Facets Of Indian Public Finance, Tracing Its History From The Mauryan Era Through The British Period To Modern Times. Within The Compass Of Its Two Hundred And Thirty-Three Pages, One Gets A Glimpse Of The Fiscal Set-Up In India: The Constitutional Provisions, The Principles And Procedures Of Budget-Making, The System Of Governmental Accounting, The Role Of Audit In A Democratic Set-Up, The Exercise Of Parliamentary Financial Control Through Parliamentary Financial Committees, The Feature Of The Indian Federal Fiscal System, The Recommendations Of The Various Finance Commissions, The Sectoral Allocations And Sources Of Financing The Various Five-Year Plans, The Growth Of The Indian Public Sector, Policies And Patterns Of Taxation, The Rationale Of Public Debt In Fiscal Policies, The Role Of The Reserve Bank In Monetary Control, Financial Institutions And Developmental Banking, The Financial Problems Of Rural India And Their Solutions, Balance Of Payments, Foreign Trade And Exchange Control Policy, Etc. The Book Will Be An Invaluable Guide To Everyone Seeking To Understand The Vast Panorama Of Indian Public Finance. Born In 1930 In Kerala (India), Vadakaymadom Krishnaiyer Subramanian, The Author Of Several Books, Is A Keen Student Of Indian Affairs, Ancient And Modern. An Eminent Sanskrit Scholar, He Has Translated Several Ancient Indian Sanskrit Texts Into English. His Publications In This Regard Include Rudaprasna, Sivananda Lahari, Saundaryalahari And Maxims Of Chanakya. He Has Just Completed A Mammoth Work, Siva-Sakti. Subramanian Has Also Written Several Works Of Fiction, Which Include Lali And Other Short Stories, Love-Twigs, And A Bond To Sorrow. His Book On Astrology And Planets, Planets, Palms And Predictions, Is A Highly Popular Publication.

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