Efficacy of central plan/grants for state plans: a cross sectional analysis in wealth neutrality model
By: Gaur, Achal Kumar.
Material type:
ArticlePublisher: 2000Description: p.477-90.Subject(s): Federal state fiscal relations
In:
Indian Journal of EconomicsSummary: Public sector policies must deal with the issue of distribution of income and wealth since this task is not done perfectly by the functioning of the market mechanism. The present paper attempts to estimate the redistributive role of central plan grants for state plans (1970-71 to 1989-90) for which, wealth neutrality model has been employed. Findings of the study reveal that about 85 percent of per capita central plan grants for state plans had no income neutralizing effect and thus had aggravated the prevailing inter-state economic disparities. - Reproduced
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Articles
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Indian Institute of Public Administration | Volume no: 80, Issue no: 319 | Available | AR46659 |
Public sector policies must deal with the issue of distribution of income and wealth since this task is not done perfectly by the functioning of the market mechanism. The present paper attempts to estimate the redistributive role of central plan grants for state plans (1970-71 to 1989-90) for which, wealth neutrality model has been employed. Findings of the study reveal that about 85 percent of per capita central plan grants for state plans had no income neutralizing effect and thus had aggravated the prevailing inter-state economic disparities. - Reproduced
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