Indian Fiscal Federalism
Published on 7. March 2019
Book
Hardback
304 pages
978-0-19-949362-3 (ISBN)
Description
Likening fiscal federalism to a game between the Union and the States, and among the States themselves, Indian Fiscal Federalism lays bare the complex rules of play. It examines the pivotal role of Finance Commissions and assesses momentous events since 2014, such as the replacement of the Planning Commission by NITI Aayog, the emergence of the GST Council, and the controversies surrounding the Fifteenth Finance Commission.
The book offers a historical perspective on fiscal federalism, in particular the interplay and overlap of institutional mechanisms. In doing so, it examines persistent as well as immediate concerns, and offers a way forward.
A contemporary, timely, and comprehensive analysis of fiscal federalism in India, this is a must-read for all those interested in the subject.
The book offers a historical perspective on fiscal federalism, in particular the interplay and overlap of institutional mechanisms. In doing so, it examines persistent as well as immediate concerns, and offers a way forward.
A contemporary, timely, and comprehensive analysis of fiscal federalism in India, this is a must-read for all those interested in the subject.
Reviews / Votes
Overall, this book is a very significant addition to the area of Indian fiscal policy and is very timely. There is no doubt that this book will become one major reference to the literature on fiscal federalism not only in India but also at the international level. * N.R. Bhanumurthy, Indian Economic Review * It is an excellent proposal. This will be the first book discussing dramatic changes in Union-State Fiscal Relations happening in the Country since 2014-15. Chapter scheme is comprehensive and reflective of deep understanding of the subject. Also, the book is based on a historical perspective and talks about pre-Independence developments" The book proposal makes a lot of sense. The author seems to have a good grasp of the subject" This book will evoke wide interest. This will be read by the students of public finance and fiscal federalism, the scholars and researchers as well as practitioners. - Both bureaucrats and politicians with interest in fiscal federalism" 14/01/2019More details
Language
English
Place of publication
New Delhi
India
Target group
College/higher education
Product notice
sewn/stitched
Cloth over boards
Dimensions
Height: 221 mm
Width: 150 mm
Thickness: 30 mm
Weight
431 gr
ISBN-13
978-0-19-949362-3 (9780199493623)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Y.V. Reddy | G.R. Reddy
Indian Fiscal Federalism
E-Book
12/2018
1st Edition
OUP
€34.31
Available for download
Persons
Y.V. Reddy was Chairman, Fourteenth Finance Commission, and Governor, Reserve Bank of India. He has served both the Central and State Governments in various capacities.
G.R. Reddy is Adviser (Finance) to the Government of Telangana and served the Government of India and State Governments in the area of public finance and Union-State relations.
G.R. Reddy is Adviser (Finance) to the Government of Telangana and served the Government of India and State Governments in the area of public finance and Union-State relations.
Content
- List of Tables, Figures, and Box
- Acknowledgements
- Abbreviations
- Introduction
- 1. Origins of Fiscal Federalism
- 2. Evolution of Fiscal Federalism
- 3. Finance Commissions: Their Composition and Functions
- 4. Continuity and Change: Approaches of Finance Commissions
- 5. Vertical Distribution: Changing Balances
- 6. Horizontal Distribution: Changing Balances
- 7. Grants-in-Aid: Magnitude and Composition
- 8. The Detail Matters
- 9. Local Self Governments and Finance Commisions
- 10. Goods and Services Tax Council: A New Institution in Indian Fiscal Federalism
- 11. Asymmetric Federalism
- 12. The Planning Commission: Its Rise, Fall, and Rebirth
- 13. NITI Aayog: Promise and Performance
- 14. Public Debt and Finance Commissions
- 15. Aggregate Central Transfers to States
- 16. The Fifteenth Finance Commission: New Challenges
- Afterword
- Index
- About the Authors