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

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Kashmir: Political Economy of Fiscal Autonomy

In its maiden budget, the PDP-Congress government in Jammu and Kashmir has laid much stress on 'fiscal autonomy' for the state. However, the counter-insurgency regime in the state remains in place, and expenditure on this account will enormously increase the financial burden in the coming years, even as the real sources to make J and K self-sufficient remain blocked. While fiscal autonomy can be read as an expression of a desire to be free, it cannot become a substitute for addressing the fundamental issue of the people's right to decide their own destiny.

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