Book Excerpt: Fiscal Dominance – A Theory Of Everything In India
Daily wage laborers excavate boulders from a rock face as a truck stands parked in the foreground at a limestone quarry in East Khasi Hills in Meghalaya, India (Photographer: Sanjit Das/Bloomberg)

Book Excerpt: Fiscal Dominance – A Theory Of Everything In India

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Excerpted with permission from Quest For Restoring Financial Stability in India by Viral V. Acharya, published by SAGE Publications India.