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Indian Fiscal Federalism (Hardcover)
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Indian Fiscal Federalism (Hardcover)
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Likening fiscal federalism to a game between the Union and the
States, and among the States themselves, Indian Fiscal Federalism
lays bare the complex rules of play. It examines the pivotal role
of Finance Commissions and assesses momentous events since 2014,
such as the replacement of the Planning Commission by NITI Aayog,
the emergence of the GST Council, and the controversies surrounding
the Fifteenth Finance Commission. The book offers a historical
perspective on fiscal federalism, in particular the interplay and
overlap of institutional mechanisms. In doing so, it examines
persistent as well as immediate concerns, and offers a way forward.
A contemporary, timely, and comprehensive analysis of fiscal
federalism in India, this is a must-read for all those interested
in the subject.
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