Fiscal Federalism

Fiscal Federalism In India

By Apoorv Tiwari The recommendations of the Fourteenth Finance Commission (FFC) have been hailed almost unanimously for ushering in a new era for centre-state relations in India. The most significant of these recommendations – accepted by the central government – is the one that devolves 42% of the divisible share in the centrally levied tax pool … Continue reading →