Criteria for Federal Resource Transfers K V NAMBIAR (1) Trends and Issues in Indian Federal Finance by Raja Chelliah and Associates; National Institute of Public Finance and Policy, New Delhi, Allied Publishers 1981; pp X + 182. Rs 60|- (2) Cent e-State Financial Relations by Hemalata Rao, Allied Publishers; 1981: pp X + 203 Rs 40|- THE question of evolving an appropriate set of criteria for making resource transfers from the Centre to the states, to take care of the dynamics of the federal fiscal situation in India, has been the subject of interminable debates both in intellectual and political circles in the country, ever since the coming into being of the Indian Federal polity almost 35 years ago. The two publications under review have dealt at length on this theme from a critical angle.