Two key issues of concern for the Sixteenth Finance Commission are highlighted. The declining progressivity in devolution is ...

Nothing is certain except death and taxes.”1 In India, there is no dispute on the mandate of the sovereign to raise taxes but much debate on whom to tax, what to tax, and the rates of taxation. It is ...

EPW consults referees from a database of 200+ academicians in different fields of the social sciences on papers that are ...

The finance commission plays a pivotal role in the allocation of resources between the union and state governments in India. In addition to the constitutionally mandated requirement to provide ...

The power sector has seen significant reforms over the years. But despite this, the state-owned public electricity distribution companies (DISCOMs) had collectively accumulated losses of around `6.77 ...

President Donald Trump initiated the process of withdrawing the country from the World Health Organization (WHO) for a second time. This policy move has deep ramifications for global health outcomes ...

Police used tear gas, detained many farmers and heavily barricaded border points to block the protesters from entering New Delhi. The farmers, who rode on tractors and trucks from neighbouring Haryana ...

The substantial increase in tax devolution to states, from 32% (recommended by the Thirteenth Finance Commission) to 42% (recommended by the Fourteenth Finance Commission) of the divisible pool of ...

Though the nature of fiscal stress has changed in the last 20 years, the state’s fiscal condition has been worsening, with the fiscal deficit, revenue deficit, and debt-to-gross domestic product (GDP) ...

The public sector borrowing requirements for select Indian states are ascertained, with the objective of deriving a realistic estimate. It is of the view that instead of focusing on a narrow ...

In many ways the finance commissions have been the cornerstone of India’s fiscal federalism. Appointed once every five years as mandated by the Constitution, they are entrusted with the responsibility ...

The 73rd and 74th constitutional amendments in 1992 added two sub-clauses, which required the commission to recommend measures needed to augment the consolidated fund of a state to supplement the ...