The main purpose of this empirical research was to ascertain measures to make the reform process a success in Orissa where the state government has undertaken an
ambitious reform program since 1993 without significant visible impact. This study primarily focussed on the fiscal and governance reforms aspects of public sector reform. The study delved into the elements, and progress of fiscal and governance reforms in developed and developing countries, especially in India/ Orissa and the linkage between the fiscal and governance reforms.