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

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Ninth Finance Commission s First Award

The Ninth Finance Commission has made many departures from the past while retaining the basic gap filling approach of its predecessors. This paper attempts to evaluate not only the departures made by the commission but also its basic approach. The paper is divided into two parts. Part I examines issues like vertical imbalance, incentives for resource mobilisation and economy in expenditure and effectiveness in containing deficits. Part II discusses the efficacy of the commission's inter-state allocation in arresting the trend towards widening inter-state disparities.

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