Fiscal Federalism in India – The Changing Landscape

The Indian fiscal finance landscape has become more unitary than it did before, with the revenue dependency of states on the Centre now increasing. In this authoritative piece Rajat analyses how India’s political leadership manages the changing realities of fiscal federalism while fulfilling the aspirational demands of the electorate.

The Changing Face of Economic Federalism

DWIJARAJ BHATTACHARYA With the Goods and Services Tax (GST) almost set to roll out by Q2, 2017-18, an inquiry into the ramifications, not in terms of the politics surrounding the change but in terms of changes in the political institutions and norms, is of utmost importance. Apart from a radical shift in the tax code,…