After the enactment of fiscal responsibility legislations at the state level, successive finance commissions have provided incentives to states in the form of grants or additional borrowing power to ...

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 ...

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 ...

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

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 ...

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) ...

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

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 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 ...