000			02145nam a2200253Ia 4500
005			20250604115024.0
008			008 250516s9999 xx 000 0 eng d
020			_a9780198930396
040			_aSDCL _beng _cSDCL
041			_aeng _2eng
084			_aX79F.2'P R4 _qSDCL
100			_aRangarajan, C.
245		0	_aFederalism and Fiscal Transfers in India
250			_a2nd ed.
260			_aNew York : _bOxford University Press, _c2024.
300			_axxxi, 365p.
365			_aINR _b895
520			_aIndia's Constitution provides for a federal framework encompassing the central, state, and local governments. The system of fiscal transfers has been guided by India's Finance Commissions to bring revenues closer to expenditures across different tiers of government. In India, fifteen Finance Commissions have submitted their recommendations so far; the Sixteenth Finance Commission, which has recently been set up, is presently deliberating on issues of fiscal transfers as per constitutional provisions. Federalism and Fiscal Transfers in India provides a critical overview of the theoretical foundations guiding fiscal transfers in India and the country's empirical realities. It extensively covers not only the vertical and horizontal dimensions of fiscal transfers in the past but also looks at the contemporary issues and tensions that prevail between central and state governments, emphasising the principle and role of the Equalization Approach for determining inter-state sharing of resources. The second edition provides an updated review of the recommendations of the three most recent Finance Commissions, namely, the Thirteenth, Fourteenth, and Fifteenth Commissions. It also comments on the salient issues facing the Sixteenth Finance Commission and the long-term reforms needed for an equitable, stable, and efficient system of fiscal transfers in India.
650			_aFederal government -- India _9811710
650			_a India -- Economic policy -- Politics and government _9811711
650			_aIntergovernmental fiscal relations -- India _9811712
700			_aSrivastava, D. K. _9242960
942			_cTEXL _2CC _n0
999			_c1430661 _d1430661