Reassessing Fiscal Federalism In India – Economics – Free PDF Download

SIGNIFICANCE

• Structure of government
• Varying preferences

FEDERALISM AT PRESENT

• Centre assumed greater importance
• National level economic planning

CHALLENGES IN FISCAL FEDERALISM

• Economic counterpart
• Determination of Fiscal instruments

CONCERN IN INDIA

• Constitutional provisions
• Finance commission
• Other channels
• Discretionary grants

WAY AHEAD

• Constitutional amendment
• Equalisation

Latest Burning Issues | Free PDF

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