Economic development perspectives/ edited by Binode Mohanty v.9

The present collection on Centre State relations in finance and development assume great importance in view of the recent work of the Ninth Finance Commission and the constant friction between the Central Government and the State Governments in the matter of grants, relief ald, overdrafts, etc. The sharing of tax revenues and the criteria for assessment of tax effort of the states are two of the vexatious issues that require constant appraisal and re appraisal. It is in this background that the subjects dealt in this book assume much relevance and value.
The present volume examines in great depth the follow of funds from the Centre to the states, trends and directions in the flow of Union loans to the states, Union loans and fiscal attitudes and approaches of the states, plan and non-plan loans and the equity effects of the central loans. The significance of the union loans In the public borrowing of the states are examined on a plan to plan basis and provide a deep analysis of the financial stature, assets and liabilities of the states in relation to the union government.
The extent of analysis contained In this publication and the vast amount of date brought together for the purpose will make this an indispensible aid for both students and economists, academicians and social scientists Interested in the dynamic relations between the Central Government and the constituent states of the Indian Union.