Sixteenth finance commission limits fiscal capacity of states (Record no. 533713)

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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Sixteenth Finance Commission
245 ## - TITLE STATEMENT
Title Sixteenth finance commission limits fiscal capacity of states
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Economic & Political Weekly
300 ## - PHYSICAL DESCRIPTION
Extent 61(19), May 9, 2026: p.37-38
520 ## - SUMMARY, ETC.
Summary, etc The report of the Sixteenth Finance Commission has received a muted but mixed response. The overall tone was disappointing, mainly because the commission failed to recommend any increase in the devolution of union government taxes to the states. By continuing with the 41% share of union taxes to the states—a revision made after the change in the status of Jammu and Kashmir—the commission has failed to correct the declining share of devolution as a percent of the total revenues of the union government, and also its share in the gross domestic product (GDP). Consequently, it was unable to increase the fiscal space available to the states. This forces the states to fend for themselves and raise the additional revenues, to meet their growing expenditures and reduce their debt burdens.- Reproduced

https://www.epw.in/journal/sixteenth-finance-commission/sixteenth-finance-commission-limits-fiscal.html
773 ## - HOST ITEM ENTRY
Main entry heading Economic & Political Weekly
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2026-06-12 61(19), May 9, 2026: p.37-38 AR139185 2026-06-12 Articles

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