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100 _a Yadav, Sajjan Singh
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245 _aFiscal federalism in India: The role of union budget 2025-26
260 _aYojana: A Development Monthly Since 1957
300 _a 69(3), Mar, 2025: p.17-21
520 _aThe union budget for 2025-26, presented by finance minister Nirmala Sitharaman, emphasises “Viksit Bharat’ through fiscal federals. The budget is built on four pillars: Enhanced devolution of taxes and duties, special assistance for capital expenditure, higher grant-in ad, and a higher borrowing ceiling for states. The central government introduced the scheme for special assistance to states for capital expenditure in 2020-21. The scheme’s impact has been overwhelmingly positive, promoting contused support despite the challenge of reducing the fiscal deficit. – Reproduced
773 _aYojana: A Development Monthly Since 1957
942 _cAR