Contribution to GSDP Criterion in 16th Finance Commission: Impact on Horizontal Devolution and Fiscal Federalism
Contribution to GSDP Criterion in 16th Finance Commission: Impact on Horizontal Devolution and Fiscal Federalism Contribution to GSDP Criterion in 16th Finance Commission represents a significant shift in India’s fiscal federal framework. The introduction of this parameter into the horizontal devolution formula reflects evolving debates between equity and efficiency in intergovernmental fiscal transfers. Introduction The […]










