01020pab a2200157 454500 180718b2000 xxu||||| |||| 00| 0 eng d Gaur, Achal Kumar Efficacy of central plan/grants for state plans: a cross sectional analysis in wealth neutrality model 2000 p.477-90 Apr 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 Federal state fiscal relations Indian Journal of Economics 46231 46231 46231 0 0 0 0 IIPA IIPA 2018-07-19 Volume no: 80, Issue no: 319 AR46659 2018-07-19 2018-07-19 AR