Funds to states way below 42%; why that hurts growth
Against the Finance Commission awards, Centre collects cess and surcharge but devolves less to states as share in fiscal resources.
finance commission
January 2022
March 2019
Need to foster competitive federalism among states: RBI governor
At the launch of the book “Indian Fiscal Federalism” co-authored by former RBI governor Y.V. Reddy, Shaktikanta Das discussed the importance of cooperative federalism.
