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“COVID pandemic has put the States in the dire fiscal position. What we need is more of the fiscal decentralisation now.” In light of this, along with other factors, elaborate on the role 15th Finance Commission could play in this regard.10 marks

Mentor’s comment-
  • https://indianexpress.com/article/opinion/columns/coronavirus-finance-commission-india-fiscal-deficit-economic-package-covid-19-relief-measures-6458967/
  • In the intro, you can briefly state what do you mean by fiscal decentralisation.
  • In the body, focus on the factors like  FRBM limits on state, reducing the debt/GDP ratio, conditions on the state by the central government while increasing the borrowing limits, issue of GST   and compensation for revenue loss, and the issue of tax devolution to the states and role Finance Commission could play by emphasising on such issues in its report.
  • Conclude by stressing the need for addressing the issue faced by the states and how the Finance Commission could suggest the measures in its report to address such issues.
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Dakshina Moorthy
5 months ago

Please review the answer.

Dakshina Moorthy
5 months ago

please review the answer.

NJ_00
5 months ago

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Parakh Sarda
5 months ago
Reply to  Parth Verma

How do we upload the pdfs of the answer?

Deepika Saini
5 months ago

Please review.

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Vishesh Chaurasia
5 months ago

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vinay bhalekar
5 months ago

.

vinay bhalekar
5 months ago

Sir please review
Payment id – #0000231221

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aastha gupta
5 months ago
Parakh Sarda
5 months ago

Please Review Order ID – #0000232028

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Ankit Thawal
4 months ago

Can’t attach pdf file. What could be the issues?