Fiscal Federalism
Syllabus: GS-II, Subject: Indian Polity and Constitution, Topic: Federalism Why in news: Agitations by states like Karnataka in Delhi and petition in Supreme Court by Kerala on imposed borrowing limits. Â What is fiscal federalism? Fiscal federalism is the framework that examines how central, state, and local governments share the responsibilities of raising revenue (through taxes […]
Fiscal Federalism Read More »