000			01325pab a2200169 454500
008			180718b1997 xxu||||| |||| 00| 0 eng d
100			_aChalam, K.S.R.V.S.
245			_aStreamlining norms: a renewed approach for Finance Commission
260			_c1997
300			_ap.1498-1502
362			_a21 Jun
520			_aThe mechanism of vertical and horizontal transfers of financial resources from the centre to states and among different states, particularly under the aegis of the Finance Commission is characterised by varying degrees of complexity. Though a complex mechanism theoretically purports to justify a greater representation of justifiable needs of both centre and states, in praxis, the devolution mechanism does not guarantee the fulfilment of desired ends. If the pursuit of desired ends through complexity borders on futility, then a more simple mechanism cannot do worse. This paper attempts to highlight the virtues of a simple mechanism that is broadly targeted at the aspirations of the federal constituents of our polity. It further seeks to contribute to the debate on fiscal management and argues for its incorporation as one of the criteria in the devolution schemes. - Reproduced
650			_aPublic finance
700			_aMishra, Rajiv
773			_aEconomic and Political Weekly
909			_a34679
999			_c34679 _d34679