Indian public finance and the twelfth finance commission/edited by Anil Kumar Thakur and
- New Delhi Deep & deep 2007
- 523 p.
This book is an offshoot of the Indian Economic Association (IEA) policy of publishing edited volumes from papers contributed to the Indian Economic Association Annual Conferences. The papers included in this volume are those submitted for the 88th Annual Conference of IEA held at Andhra University, Vishakhapatanam during 27th-29th December 2005. It consists of 26 articles distributed in respective chapters. The constitutional provision of appointment of a Finance Commission (FC) by the President of India periodically to recommend tax sharing between the center and the states and grants-in-aid to states for a period of five years is a key pillar of Indian federal finance.
Contents of this book include: An Overall and a Comparative Analysis of Fiscal Health of Indian States; Deteriorating Fiscal Management of States in India; Fiscal Responsibilities of Indian States; Contemporary Issues in the Working of Centre-State Financial Relations in India; Emerging Trends and Issues in Centre-State Financial Relations; Twelfth Finance Commission and Trends of Centre and State Finances; Estimation of Vertical Transfer of Resources and Non Plan Revenue Deficit of States; The Twelfth Finance Commission on Tax Revenue; Twelfth Finance Commission: Recommendations and Implications; Impact of Recommendations of Twelfth Finance Commission; Impact of Tax Revenue on Economic Growth in View of Twelfth Finance Commission; Emerging Issues in Centre-State Financial Relations; Twelfth Finance Commission and Tax Devolution; Fiscal Restructuring in Less Developed States with Special Reference to Madhya Pradesh; Controlling States" Increasing Deficits; Twelfth Finance Commission and Indebtedness of States; Unsustainability of the Debts of States and Twelfth Finance Commission's Proposed Debt Reduction Package; Restructuring the Finances of State Governments in India and Twelfth Finance Commission: Financial Liberalisation and Government Finance: Grants to States and Local Bodies; Restructuring Public Finances; Social and Fiscal Policy in India at Cross Road: Inter-Governmental Resources Transfer and Fiscal Management; Fiscal Reforms and Fiscal Consolidation in Andhra Pradesh; Restructuring of Fiscal Health of Indian States and Twelfth Finance Commission: Emerging Trends and Issues in Centre-State Financial Relations.