ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Tangled Web of Centre-State Finances

Tangled Web of Centre-State Finances THE Union government has strenuously sought to maintain that the constitutional provisions relating to Centre- state financial relations have stood the test of time and that there is no case for any substantial change in them. Yet, these relations have grown so complex over the years that time is ripe for a fresh look at them, even if it is to be within the existing constitutional provisions. The terms of reference of the recently appointed Sixth Finance Commission, however, fail to reflect any awareness of this need.

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