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4) Despite being an improvement on the ad hoc and restrictive Fiscal Responsibility and Budget Management framework, the N K Singh Committee report suffers from some shortcomings. Discuss.

Topic: Indian economy and issues relating to planning, mobilization of resources, growth, development and employment. 

4) Despite being an improvement on the ad hoc and restrictive Fiscal Responsibility and Budget Management framework, the N K Singh Committee report suffers from some shortcomings. Discuss. (250 Words)

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