The geopolitical situation globally and in the immediate neighborhood, as well as the domestic fault lines that have been magnified by the recent Indian national elections, provide a context to the paper. As the 16th Finance Commission begins its deliberations, this paper underlines the crucial...

This paper-focusing on Maharashtra-is part of a broader programme that is trying to understand the fiscal problems being faced at the level of state governments. This paper provides a brief overview of the economic environment in Maharashtra including the socio-economic development of the state...

The present study has sought to introduce, conceptualise and operationalise a scheme for integrating the ‘quality’ dimension of public spending into the devolution scheme of intergovernmental transfers by the Finance Commission. The study illustrates a scheme of inter-se...

This paper - focusing on Maharashtra - is part of a broader programme that is trying to understand the fiscal problems being faced at the level of state governments. This paper provides a brief overview of the economic environment in Maharashtra including the socio-economic development of the...

This study has made some suggestions for the consideration of the Twelfth Finance Commission. We have provided a conceptual framework comprising eight cardinal principles abbreviated as FAIR PLAN. We have also operationalised the framework and provided a computational algorithm for inter se...

Infrastructure in general and urban infrastructure in particular has proved to be a pons asinorum of economic development. Whilst infrastructure is an umbrella term, provision of many of its components is the duty of the urban local bodies (ULBs). Given the financial crunch faced by the ULBs,...