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Impact of Fourteenth Finance Commission
Karnataka Budget, 2015–16
This article identifies the Karnataka government's responses and adjustments to the Fourteenth Finance Commission as a result of changes in the tied,untied and overall transfers from the union government. It also highlights the impact of restructuring of union grants on Karnataka's allocations. It argues that there is now renewed impetus on the states to have larger control over their desired fiscal direction, priorities and areas of improvement.
The authors are grateful to M Govinda Rao for his advice and comments.
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