The Fifteenth Finance Commission (XVFC) has or the first time, a finance commission has carved out resources meant for distributable statutory grants and dipped into the states’ revenue share for national defence, as against the tax share, in order to finance the Centre’s exclusive expenditure obligation. What are its implications for federalism? 10 marks

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3 years ago

@Parth
please review

User Avatar
3 years ago

@Parth
please review

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