Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/159807
Authors: 
Mahamallik, Motilal
Sahu, Pareswar
Mahapatra, Sushanta
Year of Publication: 
2014
Series/Report no.: 
Quaderni - Working Paper DSE 969
Abstract: 
An attempt has been made to examine the nature and extent of fiscal imbalances in India using the secondary data over a period of thirty years from 1980-81 to 2009-10 (BE). It has been established that there is persistence and growing vertical as well as horizontal fiscal imbalances even after a series of corrective fiscal measures. Efforts to reduce these imbalances found to be ineffective due to contradictions among different measures of fiscal correction. Methodologies adopted to maintain equity contradict with methodologies used to increase efficiency. The 14th finance commission may take initiative to resolve this paradox through a 'weight adjustment solution' which can be helpful in reducing the imbalances. In addition to it, adequate generations of revenue through increasing tax efforts on the part of states and reform in the transfer system are essential for maintaining fiscal balances.
JEL: 
E61
E62
E63
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

Files in This Item:
File
Size
616.11 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.