ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Issues before Ninth Finance Commission

now the responsibility of the NFC to decide about the level of revenue expenditure keeping in view the long-term norms in various fields of expenditure and the Planning Commission will have to take those figures as given and determine the annual plan expenditure for 1989-90 S GUHAN in his article 'Issues before the IX Finance Commission: On Closing the Pandora's Box' (EPW, Vol 23, No 6, February 6, pp 253-272) has very rightly stressed the point that the plan revenue outgo has to be matched by additional resource mobilisation in terms of increase in tax and non-tax revenue and reduction in non-plan revenue expenditure. His basic proposition that the task before the IX Finance Commission would be one of evolving equitable techniques for vertical and horizontal deficit-sharing rather than gap- filling is indisputable. Refreshing and welcome are also the fact that, unlike most others discussing centre-state financial relations, he has taken a total picture of the centre and the states together, instead of entirely harping on the much-flogged centre vs states controversy.

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