ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Financial Transfers to States-Issues and Outlook

Issues and Outlook Kalyan Raipuria A review of the sustainability of the financial transfers to the states, given the imperative of containing the centre's fiscal deficit, raises a host of issues, notably whether the existing bases for the transfers have major weaknesses and whether the rationale of the transfers has been only partially understood.

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