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This paper surveys the state of fiscal federalism in India, in the broader context of decentralization. We begin with an overview of the basic features and recent developments in intergovernmental fiscal relations, including the role of political institutions, the specifics of legislative and...
Persistent link: https://www.econbiz.de/10003854949
This paper provides a comparative assessment of fiscal decentralization in China and India, including the standard components of expenditure and revenue assignments and institutions for intergovernmental transfers, as well as the nature of subnational authorities over general nomic activity. In...
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This paper provides a comparative assessment of fiscal decentralization in China and India, including the standard components of expenditure and revenue assignments and institutions for intergovernmental transfers, as well as the nature of subnational authorities over general economic activity....
Persistent link: https://www.econbiz.de/10014213972
India is a large, heterogeneous and complex nation, with multiple languages, religions and ethnicities, and over one billion people. It stands out in having held together while sustaining a working democracy for over six decades, at relatively low levels of income. An important institutional...
Persistent link: https://www.econbiz.de/10012947786
This article examines recent and potential reforms in India's fiscal federal system. We summarize key federal institutions in India, including tax and expenditure assignments, and mechanisms for Center–state transfers. We discuss the institutional process by which reforms can and do take...
Persistent link: https://www.econbiz.de/10013151268