Joseph, K. J. and Kakarlapudi, Kiran Kumar <br/><br/>
The prosperity paradox: Devolution conundrum for the finance commission 

 - Economic & Political Weekly   
 - 60(18), May 3, 2025: p.64-67 
<br/><br/> Two key issues of concern for the Sixteenth Finance Commission are highlighted. The declining progressivity in devolution is evidenced by the downward trend in the share of lower-income states in the divisible pool and the paradox of declining fiscal capacity of states with rising per capita income. The paper calls for adjustments in the weights of the income distance criterion and the population to ensure that the performers are not penalised while progressivity is ensured.- Reproduced <br/><br/>https://www.epw.in/journal/2025/18/sixteenth-finance-commission/prosperity-paradox.html<br/>