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06Dec 2024
States and the Finance Commission: Balancing Equity and Growth
Syllabus: GS-2: Centre-State Relations, Indian Constitution , Co-operative Federalism , Constitutional Bodies. Focus: The Sixteenth Finance Commission, chaired by Arvind Panagariya, is addressing fiscal challenges in India, focusing on equitable resource distribution between States and the Union. Its recommendations will impact the financial autonomy of States like Tamil Nadu and influence the country’s economic trajectory. …
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