“The central authorities's fiscal deficit is okay, however the state governments are going through appreciable challenges when it comes to their funds and monetary sources. There are two fundamental causes for this.
“One is the addition of schemes after schemes. No matter programme launched 20 years in the past can also be operating together with what has been launched not too long ago,” he mentioned.
“There's a want for rationalisation of such schemes,” he mentioned, including that schemes which have served their function needs to be phased out, like how we exchange our previous TV or laptops after they've served their function.
Dhaliwal, a former bureaucrat turned economist, additionally recommended that the federal government ought to take into account offering cash for productive functions, like organising small companies or working capital for small companies and monitoring end-use.
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