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THEORY OF PUBLIC DEBT
Classical Theory of Public Debt
Keynesian Theory of Public Debt
22 other sections not shown
advanced countries advanced economies amount Bank of India burden capital formation captive market cent Central Government consumption crores i.e. crores in 1961 Currency and Finance David Ricardo debt in India deficit financing developed countries developing economy development in India domestic resources Draft Fifth Five economic development economic growth economists employment external assistance external debt favoured financial resources Fiscal Policy Five Year Plan foreign aid foreign capital Government of India Government securities Ibid idle resources important increase Indian economy industrial interest payment investment investors J. S. Mill Keynesian Magadh University March market borrowings maturity ment national debt national income percent political productive Provident Funds public borrowing programme public debt policy public sector Report on Currency Reserve Bank resource mobilisation rose rupee loans small savings source of resource structure taxation technical know-how Third Plan third world third world countries total debt total internal debt treasury bills underdeveloped countries underdeveloped economy unproductive utilisation