Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Fourteenth Finance Commission's Recommendations Boost Fiscal Federalism, Benefiting States with Increased Transfers and Autonomy.</h1> The Economic Survey 2014-15 highlights that the Fourteenth Finance Commission's recommendations will strengthen fiscal federalism in India, benefiting all states through increased transfers. Uttar Pradesh, West Bengal, and Madhya Pradesh are the primary beneficiaries among general category states, while Jammu Kashmir, Himachal Pradesh, and Assam gain most in the special category. The recommendations are deemed progressive, as states with lower per capita Net State Domestic Product receive larger per capita transfers. However, this increased state autonomy and spending capacity will be balanced by a reduction in other central transfers to maintain the Centre's fiscal space.