000 02998nam a22003135i 4500
001 23873839
005 20250313115845.0
008 240923s2024 nyu 000 0 eng
010 _a 2024947069
020 _a9780198930396
_q(paperback)
020 _z9780198930419
_q(epub)
020 _z9780198930402
020 _z9780198930426
040 _aDLC
_beng
_erda
_cDLC
042 _apcc
082 _a321.020954
100 1 _aRangarajan, C.,
_eauthor.
245 1 0 _aFederalism and fiscal transfers in india /
_cC. Rangarajan, D. K. Srivastava.
250 _a2nd
263 _a2412
264 1 _aNew York :
_bOxford University Press,
_c2024.
300 _axxxi, 365 pages
_c22 cm.
336 _atext
_btxt
_2rdacontent
365 _bRs. 895.00
505 _aList of Tables, Figures, and Appendices; Preface to the First Edition; Preface to the Second Edition; Acknowledgements for the First Edition; Acknowledgements for the Second Edition; 1. Fiscal Federalism: Basic Tenets; 2. Evolution of Fiscal Federalism in India; 3. Fiscal Federalism in Practice: Canada and India; 4. Fiscal Federalism in Practice: Australia and India; 5. Resolving Vertical and Horizontal Imbalances in India ion in India; 6. Dynamics of Debt Accumulation in India: : Impact of Primary Deficit, Growth, and Interest Rate; 7. Fiscal Deficits and Government Debt in India: Implications for Growth and Stabilization; 8. Thirteenth, Fourteenth, and Fifteenth Finance Commissions; 9. Future of Fiscal Federalism in India; References; Index.
520 _aIndia's Constitution provides for a federal framework encompassing the central, state, and local governments. The system of fiscal transfers has been guided by India's Finance Commissions to bring revenues closer to expenditures across different tiers of government. In India, fifteen Finance Commissions have submitted their recommendations so far; the Sixteenth Finance Commission, which has recently been set up, is presently deliberating on issues of fiscal transfers as per constitutional provisions. Federalism and Fiscal Transfers in India provides a critical overview of the theoretical foundations guiding fiscal transfers in India and the country's empirical realities. It extensively covers not only the vertical and horizontal dimensions of fiscal transfers in the past but also looks at the contemporary issues and tensions that prevail between central and state governments, emphasising the principle and role of the Equalization Approach for determining inter-state sharing of resources. The second edition provides an updated review of the recommendations of the three most recent Finance Commissions, namely, the Thirteenth, Fourteenth, and Fifteenth Commissions. It also comments on the salient issues facing the Sixteenth Finance Commission and the long-term reforms needed for an equitable, stable, and efficient system of fiscal transfers in India.
700 1 _aK. Srivastava, D.,
_eauthor.
942 _2ddc
_cBK
999 _c213403
_d213403