Centre-State Financial Relations: Indian Context
In India, Centre-State financial relations relate to the distribution of power in resource mobilisation between the Centre and States as also the sharing of expenditure responsibilities. Most of the important and buoyant revenue sources are assigned to the Union Government, while major expenditure responsibilities in the social and economic sectors are assigned to State governments. In fact, the architects of the Indian Constitution drew on the experience of some extant federations where the assignment of taxes with a wide economic base to units had led to intractable problems of conflicting tax jurisdictions.
- The possibility of such conflicts was avoided by assigning ....
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Economic Development
- 1 The North-South Divide: Key Issues
- 2 The North-South Economic Divide
- 3 Fifteenth Finance Commission
- 4 Implications of Special Levies
- 5 The Goods & Service Tax
- 6 Recent Trends in Central Transfer to States
- 7 The Finance Commission
- 8 Exclusion in Panchayat Elections
- 9 Does Reservation Policy Need Reform
- 10 Are Tribals Really Benefitting from the Forest Rights Act
- 11 Why Transgenders are Considered as Vulnerable
- 12 Economic Opportunities for Differently-abled
- 13 Climate Refugee & International Convention
- 14 Climate Refugees in The Indian Subcontinent
- 15 Inequality in Urban India
- 16 Urban Poverty in India
- 17 Urban Development & Transformation
- 18 Inclusive Urbanisation and SDGs