Summary |
This work provides a detailed description and analysis of the evolution and the present nature of Centre-State financial relations in India. It explains the existing constitutional arrangements for intergovernmental financial transfers and the role of the Finance Commission and the Planning Commission in effecting these transfers. The book consists of 27 chapters which explain different dimensions of fiscal federalism in India. There are 8 appendices which provide supplementary information related to Centre-State financial relations in India. Besides, it contains time-series data (1950-51 to 2007-08) on India’s public finances. It also includes a glossary of fiscal terms.
This reference work is useful for teachers and students of economics, commerce, public administration, and management. It will also serve the needs of legislators, government functionaries and those in industry and trade.
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