| 000 -LEADER |
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| fixed length control field |
01325pab a2200169 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180718b1997 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Chalam, K.S.R.V.S. |
| 245 ## - TITLE STATEMENT |
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| Title |
Streamlining norms: a renewed approach for Finance Commission |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
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| Date of publication, distribution, etc. |
1997 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.1498-1502 |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
|---|
| Dates of publication and/or sequential designation |
21 Jun |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
The mechanism of vertical and horizontal transfers of financial resources from the centre to states and among different states, particularly under the aegis of the Finance Commission is characterised by varying degrees of complexity. Though a complex mechanism theoretically purports to justify a greater representation of justifiable needs of both centre and states, in praxis, the devolution mechanism does not guarantee the fulfilment of desired ends. If the pursuit of desired ends through complexity borders on futility, then a more simple mechanism cannot do worse. This paper attempts to highlight the virtues of a simple mechanism that is broadly targeted at the aspirations of the federal constituents of our polity. It further seeks to contribute to the debate on fiscal management and argues for its incorporation as one of the criteria in the devolution schemes. - Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Public finance |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
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| Personal name |
Mishra, Rajiv |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Economic and Political Weekly |
| 909 ## - |
|---|
| -- |
34679 |
