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India's Twelfth Finance Commission:A View from Kerala

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  • R. Mohan
  • K. P. Kannan

Abstract

The focus of the paper is to review the Terms of Reference (TOR) of the Twelfth Finance Commission with special reference to Kerala. It also critically examines the emphasis on fiscal deficit reduction without paying attention to its quality and finds that this has led to the Centre and the States resorting to a softer option of cutting productive capital and necessary maintenance and social sector expenditure. [Working Paper No. 354]

Suggested Citation

  • R. Mohan & K. P. Kannan, 2010. "India's Twelfth Finance Commission:A View from Kerala," Working Papers id:3187, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:3187
    Note: Institutional Papers
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    References listed on IDEAS

    as
    1. Steven M. Fazzari, 1994. "Why Doubt the Effectiveness of Keynesian Fiscal Policy?," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 17(2), pages 231-248, December.
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