Centre-State financial relations in India, 1870 to 2010 : 140 years of Indian federal finance
Author(s)
Bibliographic Information
Centre-State financial relations in India, 1870 to 2010 : 140 years of Indian federal finance
Indian Tax Foundation in association with New Century Publications, 2008
Available at 2 libraries
Note
"A comprehensive introduction on centre-state-financial relations in India during the pre- and post-independence periods with summary and commentary on each of the reports of the finance commissions from first Finance Commission to twelfth Finance Commission."
Includes bibliographical references (p. [587]-590) and index
Description and Table of Contents
Description
India's present fiscal structure is the result of a gradual evolution, dating back to December 14, 1870 when the resolution of Lord Mayo, Viceroy of India, was issued. The Mayo resolution explained the scheme by which the Government of India envisaged enlargement of the powers and responsibilities of the Provinces. The process of decentralisation of functions and finances in India will complete 140 years with the termination of the recommendations of the Twelfth Finance Commission in March 2010. This book traces the developments in the federal structure of India over this period. The work provides a detailed description and analysis of the evolution and the present nature of Centre-State financial relations in India and explains the existing constitutional arrangements for intergovernmental financial transfers and the role of the Finance Commission and the Planning Commission in effecting these transfers. The book consists of 27 chapters which explain different dimensions of fiscal federalism in India.
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