https://www.taxtmi.com/news?id=31981 Former central bank governor D. Subbarao argues that encouraging higher population to secure larger shares of Central transfers is counterproductive because India still faces aggregate population challenges. He criticises political incentives that reward larger families and states' demands to recalibrate tax-sharing formulas, while urging the Centre to curb excessive freebies financed through borrowing and to promote Centre-state cooperation for disciplined public expenditure. en-us Thu, 30 Jan 2025 16:46:03 +0530 Thu, 30 Jan 2025 16:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31981 Former central bank governor D. Subbarao argues that encouraging higher population to secure larger shares of Central transfers is counterproductive because India still faces aggregate population challenges. He criticises political incentives that reward larger families and states' demands to recalibrate tax-sharing formulas, while urging the Centre to curb excessive freebies financed through borrowing and to promote Centre-state cooperation for disciplined public expenditure. News - Thu, 30 Jan 2025 16:46:03 +0530 https://www.taxtmi.com/news?id=31981