Federal Financial Transfers-How Much Progression

Federal Financial Transfers How Much Progression?
D T Lakdawala FEDERAL financial relations in India are a much discussed and debated subject. This bunch of eight studied essays on this subject by two eminent scholars of public finance and fiscal policy at this critical juncture when both the Ninth Finance Commission and the Planning Commission in its preparation for the Eighth Plan find themselves face to face with a severe resources crunch is welcome. Gulati has acquired considerable fiscal experience in his wide ranging associations with the Kaldor Report, the Sixth Finance Commission, several state taxation committees, and now as deputy chairman of the Planning Board, Kerala state. George is a member of the Expenditure Commission, government of Kerala and has acquired a reputation as a writer on fiscal affairs with tremendous patience for painstaking research. Their views are, therefore, entitled to deep consideration.