The role of State Finance Commissions in building regional equity and strengthening the federal structure. Discuss.
Main Body
State finance commission is constituted every 5 years with the purpose of ensuring financial autonomy & devolution of funds to local bodies (Article 243-I) Under Article 243-I in establishing regional equity: (1) Regional disparity in devolution of funds to Kerala - 11% devolution but Bihar < 70% devolution. (2) Imbalanced regional development all to scarcity of funds & inadequate avenue for revenue generation is dependent on cattle fees, property tax etc.
Conclusion
Absence of penal provision and persuasion of commission schemes among all ⊃ Celebration of states secularism & secularisation theme help constitution which later & states needs
26 words
YASHVI JAIN
Federal Structure - Functions, Responsibilities, Devolution of Powers and Finances
Centre-State Financial Relations
State Finance Commissions
156
Total words
1
Paragraphs
formal
Tone