Fiscal federalism in India: The role of union budget 2025-26
By: Yadav, Sajjan Singh
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BookPublisher: Yojana: A Development Monthly Since 1957 Description: 69(3), Mar, 2025: p.17-21.
In:
Yojana: A Development Monthly Since 1957Summary: The union budget for 2025-26, presented by finance minister Nirmala Sitharaman, emphasises “Viksit Bharat’ through fiscal federals. The budget is built on four pillars: Enhanced devolution of taxes and duties, special assistance for capital expenditure, higher grant-in ad, and a higher borrowing ceiling for states. The central government introduced the scheme for special assistance to states for capital expenditure in 2020-21. The scheme’s impact has been overwhelmingly positive, promoting contused support despite the challenge of reducing the fiscal deficit. – Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 69(3), Mar, 2025: p.17-21 | Available | AR135560 |
The union budget for 2025-26, presented by finance minister Nirmala Sitharaman, emphasises “Viksit Bharat’ through fiscal federals. The budget is built on four pillars: Enhanced devolution of taxes and duties, special assistance for capital expenditure, higher grant-in ad, and a higher borrowing ceiling for states. The central government introduced the scheme for special assistance to states for capital expenditure in 2020-21. The scheme’s impact has been overwhelmingly positive, promoting contused support despite the challenge of reducing the fiscal deficit. – Reproduced


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