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Syllabus: GS-2: Centre-State Relations GS-3: Fiscal Policy , Government Budgeting Focus: Several states have urged the 16th Finance Commission to increase their share of the divisible tax pool, citing concerns over shrinking allocations due to cesses and surcharges. This demand raises critical issues of fiscal autonomy, inter-state inequality, and governance reforms at the state and …
Read MoreSyllabus: GS 3: Issues and Challenges Pertaining to the Federal Structure, Devolution of Powers and Finances . Government Policies and Interventions Why in the News? The demand for special category status (SCS) has resurfaced as various states, particularly those led by regional parties, seek additional financial benefits and support from the central government. The issue …
Read MoreSyllabus: GS-2- Asymmetric federalism , cooperative and competitive federalism Focus : The article examines the rationale behind granting special category status to certain Indian states, highlighting the historical context, issues of dependency, lack of accountability, and political influences. It advocates for revisiting the status with improved accountability, monitoring mechanisms, and capacity building to ensure efficient …
Read MoreIntroduction The Finance Commission in India is a constitutional body responsible for allocating financial resources between the central government and the States. It promotes fiscal stability, fiscal autonomy for States, and the equalization of public services. Established under Article 280 of the Indian Constitution, it operates on a five-year cycle, impacting fiscal relations significantly and …
Read MoreIntroduction The Finance Commission in India is a constitutional body responsible for allocating financial resources between the central government and the States. It promotes fiscal stability, fiscal autonomy for States, and the equalization of public services. Established under Article 280 of the Indian Constitution, it operates on a five-year cycle, impacting fiscal relations significantly and …
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