Indiaâs System of Intergovernmental Fiscal Relations∗
AbstractThis paper examines several aspects of India’s system of Intergovernmental Fiscal Relations (IGFR). It first reviews the origins and context within which the IGFR system was established and examines how it has evolved. It describes the nature of the system, including assignment of powers and functions, intergovernmental fiscal transfers and the principles that guide their design. It examines several other dimensions of the IGFR system, such as its interface with policy imperatives, evolution of norms, and recent institutional developments. It concludes with an assessment of lessons learned so far, and key challenges that lie ahead.
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Bibliographic InfoPaper provided by EconWPA in its series Public Economics with number 0412006.
Length: 27 pages
Date of creation: 06 Dec 2004
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Note: Type of Document - pdf; pages: 27
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Find related papers by JEL classification:
- D6 - Microeconomics - - Welfare Economics
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- H - Public Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-12-12 (All new papers)
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- Bahl, Roy & Martinez-Vazquez, Jorge, 2006.
"Sequencing fiscal decentralization,"
Policy Research Working Paper Series
3914, The World Bank.
- Fraschini, Angela, 2006. "Fiscal federalism in big developing countries: China and India," POLIS Working Papers 60, Institute of Public Policy and Public Choice - POLIS.
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