The Fourteenth Finance Commission is to be commended for bringing states to the forefront of the development paradigm. The award is transformational but the fall in progressivity is of concern. There...
Fourteenth Finance Commission
The Fourteenth Finance Commission has come up with some bold and game-changing recommendations such as an increase in the tax share going to states from 32% to 42%, setting up of the Fiscal Council...
In preparation of its report, the Fourteenth Finance Commission was guided by the terms of reference; the approach of the previous finance commissions; the prevailing macroeconomic situation in the...
The subject of local governments has not been comprehensively treated by the Fourteenth Finance Commission. The implications of the new inter se distribution formula of the commission's award for...
