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 - Civilsdaily

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

Mentor’s comment- https://indianexpress.com/article/opinion/columns/finance-commission-states-share-for-centres-expenditure-7188701/ In the intro, mention the Rs. 7000 croses set aside from the states’ share as allocation for … Continue reading 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