https://www.taxtmi.com/news?id=17342 The Economic Survey 2016-17 defines Redistributive Resource Transfers (RRT) as gross devolution adjusted for state GDP shares, finds many recipient states receive per-capita RRTs above poverty-line consumption levels, and reports no positive correlation between larger RRT inflows and economic outcomes; instead there is suggestive negative association with fiscal effort. The Survey finds inconclusive evidence of a resource curse for mineral-rich states and recommends linking future RRTs to measurable fiscal and governance performance and considering redistribution as a Universal Basic Income to households in high-transfer or resource-dependent states. en-us Tue, 31 Jan 2017 13:06:17 +0530 Wed, 11 Feb 2026 15:56:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17342 The Economic Survey 2016-17 defines Redistributive Resource Transfers (RRT) as gross devolution adjusted for state GDP shares, finds many recipient states receive per-capita RRTs above poverty-line consumption levels, and reports no positive correlation between larger RRT inflows and economic outcomes; instead there is suggestive negative association with fiscal effort. The Survey finds inconclusive evidence of a resource curse for mineral-rich states and recommends linking future RRTs to measurable fiscal and governance performance and considering redistribution as a Universal Basic Income to households in high-transfer or resource-dependent states. News - Tue, 31 Jan 2017 13:06:17 +0530 https://www.taxtmi.com/news?id=17342