Normal view MARC view ISBD view

Enhanced devolution and fiscal space at the state level: Is it an expansion or contraction?

By: Chakraborty, Pinaki and Gupta, Manish.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 60(18), May 3, 2025: p.44-49. In: Economic & Political WeeklySummary: A significant increase in tax devolution by the Fourteenth Finance Commission was expected to provide greater fiscal autonomy to states. To accommodate this increase in tax devolution, the union government restructured the flow of grants to states. It is observed that between 2010–11 and 2022–23, the total transfers to states as a percentage of gross revenue receipts of the union government have remained largely unchanged while the share of unconditional transfers has considerably reduced due to the proliferation of cess and surcharges, discontinuation of certain grants, and enhanced matching contribution by states for centrally sponsored schemes.- Reproduced https://www.epw.in/journal/2025/18/sixteenth-finance-commission/enhanced-devolution-and-fiscal-space-state-level.html
Tags from this library: No tags from this library for this title. Log in to add tags.
    average rating: 0.0 (0 votes)
Item type Current location Call number Vol info Status Date due Barcode
Articles Articles Indian Institute of Public Administration
60(18), May 3, 2025: p.44-49 Available AR136040

A significant increase in tax devolution by the Fourteenth Finance Commission was expected to provide greater fiscal autonomy to states. To accommodate this increase in tax devolution, the union government restructured the flow of grants to states. It is observed that between 2010–11 and 2022–23, the total transfers to states as a percentage of gross revenue receipts of the union government have remained largely unchanged while the share of unconditional transfers has considerably reduced due to the proliferation of cess and surcharges, discontinuation of certain grants, and enhanced matching contribution by states for centrally sponsored schemes.- Reproduced

https://www.epw.in/journal/2025/18/sixteenth-finance-commission/enhanced-devolution-and-fiscal-space-state-level.html

There are no comments for this item.

Log in to your account to post a comment.

Powered by Koha