This paper analyzes the process of reform of India’s federal system, with a focus on fiscal federalism. We first summarize the basic features of, and recent reforms in intergovernmental relations, including the role of political institutions, assignments of expenditure responsibility and revenue authority, the system of intergovernmental transfers, and institutions and mechanisms for government borrowing. We then discuss the institutional specifics of the reform process, to understand the dynamics of India’s federal system.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
2282.
Find related papers by JEL classification: H7 - Public Economics - - State and Local Government; Intergovernmental Relations H1 - Public Economics - - Structure and Scope of Government P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy P35 - Economic Systems - - Socialist Institutions and Their Transitions - - - Public Finance
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