Indian fiscal federalism /
Likening fiscal federalism to a game between the Union and the states, and among the states themselves, 'Indian Fiscal Federalism' lays bare the complex rules of play. The authors examine the pivotal and expanding role of Finance Commissions and momentous changes since 2015, such as the re...
| Main Authors: | , , |
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| Format: | eBook |
| Language: | English |
| Published: |
Oxford; New York, NY :
Oxford University Press,
2026.
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| Edition: | Second edition. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Likening fiscal federalism to a game between the Union and the states, and among the states themselves, 'Indian Fiscal Federalism' lays bare the complex rules of play. The authors examine the pivotal and expanding role of Finance Commissions and momentous changes since 2015, such as the replacement of the Planning Commission by the NITI Aayog and the emergence of the GST Council. The book looks at the changes in the rules of the game, with the Union deviating from the established convention of treating the Finance Commission's recommendations as a package and award by not accepting the state-specific and sector-specific grants recommended by the Fifteenth Finance Commission. It presents a historical perspective on fiscal federalism, its evolution through various phases, and the interplay and overlap of institutional mechanisms, with a focus on the challenges before the Sixteenth Finance Commission. |
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| Item Description: | Previous edition: published as by Y.V. Reddy, G.R. Reddy, 2019. |
| Physical Description: | 1 online resource |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9780198971658 0198971656 9780198971641 0198971648 9780198971665 0198971664 |