Showing all 2 books
This book deals with the processes involved in transfer of finances from the Union to the States through non-statutory channels. These transfers are essentially in the nature of Central assistance for State Plans. With the increasing magnitude of such transfers, as compared to transfers through statutory channels on the recommendations of the Finance Commissions, this subject has not only gained in importance but has also become controversial. This book gives a ...
This volume traces the evolution of federal fiscal reforms in the Indian Constitution, from its origins with the 1935 Act to the present, as seen primarily through the reports of the Finance Commissions. It critically evaluates the various methodologies followed by successive Commissions in allocating resources between the Union and states and distributing such resources among states. The authors assess the Alternative Scheme of Devolution and issues arising out ...