Issues Before the Thirteenth Finance Commission
The paper argues that irrespective of the wording of the Terms of Reference (ToR), the Commission would do well to focus on its primary task of recommending transfers to serve the objective of equity and incentives. While it is required to take into account a number of considerations, the focus should be on the transfer system. As an impartial body, the Commission should make a fair assessment of the union as well as state governments, ignoring the asymmetries in the wording of the ToR. [WP No. 55].
References listed on IDEAS
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- Arvind Virmani, 2009.
"Macro-economic management of the Indian economy: capital flows, interest rates, and inflation,"
Macroeconomics and Finance in Emerging Market Economies,
Taylor & Francis Journals, vol. 2(2), pages 189-214.
- Arvind Virmani, 2008. "Macro-economic Management of the Indian Economy: Capital Flows, Interest Rates and Inflation," Working Papers id:1353, eSocialSciences.
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- R. Kavita Rao, 2008. "Goods and Services Tax for India," Macroeconomics Working Papers 22976, East Asian Bureau of Economic Research.
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- M. Govinda Rao & Rao, R. Kavita, 2005. "Trends and issues in tax policy and reform in India," Working Papers tru1, National Institute of Public Finance and Policy.
- M.Govinda Rao & R.Kavita Rao, 2005. "Trends and Issues in Tax Policy and Reform in India," Working Papers id:243, eSocialSciences.
- R M Bird, 1986. "On measuring fiscal centralization and fiscal balance in federal states," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 4(4), pages 389-404, August.
- R M Bird, 1986. "On Measuring Fiscal Centralization and Fiscal Balance in Federal States," Environment and Planning C, , vol. 4(4), pages 389-404, December.
- Rao, R. Kavita, 2008. "Goods and services tax for India," Working Papers 08/57, National Institute of Public Finance and Policy. Full references (including those not matched with items on IDEAS)
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