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...

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...

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...

This article examines the nature of India's federal system, and recent and potential reforms in its structure and working. We summarize key federal institutions in India, focusing particularly on the mechanisms for Center-state transfers. These transfers are large, and are the major explicit...

Introduces the theme of expenditure allocation, processes and their effectiveness. Reviews all the articles in the report.The focus is on expenditures related to physical infrastructure in India Argues that a paradigm shift in the expenditure process that gives adequate incentives for...

Fiscal deficit is global challenge. The Indian Government has decided to dilute holdings in governmental companies to provide a source for funding of the deficit. In this regard, Further Public Offer of PSUs has been initiated. In the instant work, the attempt of the author is to examine how the...

The paper starts with a basic undetermined model that specifies four principle actors: landlords, peasants, the non-agricultural sector, and the government. Peasants and landlords are assumed to behave differently according to their own separate institutional attitudes, production function,...

This paper provides a self-contained overview of the present problems of state finances in India. It begins with an overview of historical evolution and current institutional structures, including economic, political, administrative and fiscal aspects of India's federal system. The paper then...

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 the intergovernmental fiscal relations, including the role of political institutions, the specifics of legislative...

The 73rd and 74th Amendments in 1992 to India's Constitution resulted in the establishment of the third-tier of government comprising of urban local bodies (ULBs) and Panchayati Raj Institutions (PRIs). The amendments mandated the establishment of the State Finance Commissions (SFCs) at every...