01306nam a22001337a 4500 533720 533720 260612b ||||| |||| 00| 0 eng d Mohan, R. 61222 Sixteenth Finance Commission recommendations : How fiscal imbalances have been looked at Economic & Political Weekly 61(19), May 9, 2026: p.79-85 The approach of the Sixteenth Finance Commission in addressing the fiscal imbalances, both vertical and horizontal, is examined in this paper. The Sixteenth Finance Commission, while retaining the 41% share of the divisible pool, has attempted certain changes in the formula for inter se distribution of taxes among states, and has not recommended general-purpose grants, commonly called revenue deficit grants, to the states. The paper analyses the Sixteenth Finance Commission recommendations on tax devolution for the states, the non-recommendation of post-devolution grants, the need for an alternative approach to recommend grants under Article 275, and the inclusion of a road map for fiscal consolidation in the Sixteenth Finance Commission report. – Reproduced https://www.epw.in/journal/sixteenth-finance-commission/sixteenth-finance-commission-recommendations.html\ Economic & Political Weekly AR 0 0 ddc 0 0 408899 IIPA IIPA 2026-06-12 61(19), May 9, 2026: p.79-85 AR139192 2026-06-12 AR