Twelfth Finance Commission: farming its terms of reference
By: Vithal, B.P.R.
Contributor(s): Sarma, J.V.M.
Material type:
ArticlePublisher: 2002Description: p.3485-488.Subject(s): Public finance - India | Public finance
In:
Economic and Political WeeklySummary: Considerations of making the recommendations of the Twelfth Finance Commission more effective require the new commission to (1) remove the artificial restrictions imposed on the finance commissions' scope of operations;(2) keep in view overall macroeconomic stability; (3) streamline management of government debt; (4) provide for appropriate incentives for inducing fiscal responsibility: (5) take a broader and integrated view of tax assignments; and (6) provide operational guidelines for the state level finance commissions. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 37, Issue no: 34 | Available | AR54078 |
Considerations of making the recommendations of the Twelfth Finance Commission more effective require the new commission to (1) remove the artificial restrictions imposed on the finance commissions' scope of operations;(2) keep in view overall macroeconomic stability; (3) streamline management of government debt; (4) provide for appropriate incentives for inducing fiscal responsibility: (5) take a broader and integrated view of tax assignments; and (6) provide operational guidelines for the state level finance commissions. - Reproduced.
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