Mentors Comments: 1. Mention briefly, the provisions of the 15th FC ToR 2. What challenges do they pose for federalism? 3. How to rectify the same? https://indianexpress.com/article/opinion/columns/india-five-trillion-economy-nirmala-sitharaman-pm-modi-gdp-6124752/ Answer: Fiscal relations in India between the union and state governments have undergone significant changes in recent years. The constitution of the 15th Finance Commission (15th FC) and … Continue reading In the context of 15th Finance commission ToR, examine the diminishing space of states in federalism. (15 Marks)