New Delhi: The 16th Finance Commission’s recommendation to eliminate post-devolution revenue deficit grants will not have any implications on finances of states as only few of them were getting these grants and the total Read More
Tags :Finance Commission recommendations
The 16th Finance Commission (FC)’s vertical devolution recommendations prioritise the needs of the Centre over the realities of States. By merely acknowledging, rather than heeding, States’ fiscal pressures, the FC has taken a distinctly Read More