Mentor’s comments- https://www.thehindu.com/opinion/lead/the-poor-state-of-indias-fiscal-federalism/article65690849.ece In the intro, mention the role of the Finance Commission in fiscal transfers in India. In the body mention the issues with the fiscal federalism such as politicisation of Finance Commission, loss of autonomy due to Centrally Sponsored Schemes, use of cess by central government proceeds of which are not shared with the … Continue reading Q.2 What are the issues facing fiscal federalism in India? How do these issues affect the states’ role in addressing the socio-economic inequalities? (10 Marks)
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