Financial Relations Between Centre, States, and Local-self Governments in India


Book Description

With The Growing Pace Of Urbani¬Zation And The Continuing Accent On Democratic Decentralisation, The Local Authorities Have Assumed Their Impor¬Tance And They Can Be Assigned A Useful And Effective Role In Implemen¬Ting Local Development Programmes. But Finance Is The Key Determining Factor And This Is What The Author Has Sought To Study About. The Author Has Examined Some Very Controversial Issues Relating To Devolution Of Resour¬Ces In Depth. The General Apathy Of The Higher Level Of Governments In Giving Grants And Loans To The Lower Level Of Governments Has Also Been Verified. The Author Contends That The Rate Of Growth Of Economic Develop¬Ment Can Be Accelerated If Local Governments Are Associated With The Planning Process And Has Suggested The Ways In Which Federal Fiscal Devo¬Lution Can Help To Achieve The Broader Economic And Social Objectives. Credit Goes To The Author In Examining Urban Local Finance Rather Neglected In The Study Of Government Finances Which Now Seeks To Concentrate On The Finances Of Union And State Govern¬Ments Only.







Centre-state Financial Relations in India


Book Description

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Fiscal Federalism in India


Book Description

This book provides a detailed description and analysis of the evolution and the present nature of fiscal federalism in India. It examines the existing arrangements for intergovernmental financial transfers, the role of Finance Commission and the Planning Commission in effecting these transfers, particularly the principles followed by these agencies to reduce vertical and horizontal imbalances in the availability of resources to various tiers of government in India. Current problems and controversies besetting Centre-State financial relations are highlighted from various viewpoints.




Fiscal Federalism in India


Book Description

This book reviews Centre-State relations in India and the evolution of this relationship over the last fifty years as seen from the perspective of the ten Finance Commissions.




Finance and Local Self-government


Book Description

The System Of Local Government Has For Long Recognized As An Integral Part Of The Democratic Life Of A Country Though Its Functioning In Practice Has Been A Matter Of Debate And Dispute. People S Welfare Depends On The Efficient Functioning Of Local Bodies. The Need For Local Government Is Not Only Theoretical But Is Also The Means Of Effectively Providing Certain Services Which Cannot Be Done By The Central Government. Since The Time Of John Stuart Mill Local Government Has Been Justified As An Integral Part Of Democratic Government And The Values Of Liberty, Equality And Fraternity Are Consider To Be Provided By Local Government. But In Modern Society Industrialization And Urbanization Have Put Increasing Pressures On Local Authorities, Which Are Then Considered Inadequate Both In Domestic And Efficiency Terms. As A Result Central Government Is Taking Away More And More Functions From Local Authorities And Vesting Them With Special Purpose Agencies.The General Impact Of Economic Planning Has Been To Promote Centralization At The Expense Of Citizen Access And Participation Resulting In Increased Central Control, Reduced Autonomy Of Local Government And Remoteness Of The Government From The Citizens. There Remains A Need, Nevertheless, For A Review Of Intergovernmental Relations And Decentralization In Decision Making.This Book Is The Outcome Of Painstaking Research Of The Author On Finance And Local Self Government, Depicting The Indian Experience.




Centre-State Financial Relations in India, 1870 to 2010


Book Description

India's present fiscal structure is the result of a gradual evolution, along decentralized lines, dating back to December 14, 1870 when a resolution was issued by Lord Mayo, Viceroy of India. Fiscal federalism is a subject of topical interest in India in view of some recent developments of historical importance. For example, the passage of the Constitution (Seventy-fourth Amendment) Act, 1992 was a landmark in the history of municipal administration in India. As a result, panchayats (village councils) and municipalities are now constitutional bodies forming the third tier of the federal polity of India. Furthermore, the Constitution (Eightieth Amendment) Act, 2000 significantly changed the manner of distribution of central tax collections between the central and state governments. This book provides a detailed description and analysis of the evolution and the present nature of center-state financial relations in India. It explains the existing constitutional arrangements for intergovernmental financial transfers and the role of the Finance Commission and the Planning Commission in effecting these transfers. The book consists of 27 chapters which explain different dimensions of fiscal federalism in India. There are 8 appendices which provide supplementary information related to center-state financial relations. Also included is a glossary of fiscal terms.