01219nam a22001457a 4500999001900000008004100019100002900060245005200089260003300141300003300174520071800207773003300925942000700958952010800965  c533719d533719260612b           ||||| |||| 00| 0 eng d  aShanmugam, K. R. 961221  a Do states still pay the price for performance?  aEconomic & Political Weekly   a61(19), May 9, 2026: p.72-78  aAs the devolution shares of better-performing states declined sharply over time, there were expectations of a decisive shift towards efficiency-oriented criteria to strengthen fiscal federalism and enhance state autonomy. However, the Sixteenth Finance Commission largely followed the approach of its predecessor, introducing only incremental changes in the distribution formula. Although it signalled a conceptual shift by acknowledging states’ contribution to gross domestic product, the adoption of a square root transformation substantially diluted the practical impact of this recognition. – Reproduced 

https://www.epw.in/journal/sixteenth-finance-commission/do-states-still-pay-price-performance.html
  aEconomic & Political Weekly   cAR  00102ddc40709408898aIIPAbIIPAd2026-06-12h61(19), May 9, 2026: p.72-78pAR139191r2026-06-12yAR