State of State Finances
Published By: PRS on eSS | Published Date: October , 2016Finances of states have been changing due to (i) increased devolution of central taxes, (ii) rationalisation of the Centrally Sponsored Schemes, (iii) the introduction of the UDAY scheme, and (iv) the proposed introduction of GST, among other reasons.
This report analyses the financial position of 17 states (including one union territory with legislature), based on their annual budgets across the last few years. These states account for over 80% of the total expenditure by all states.
Author(s): Arvind Gayam, Vatsal Khullar | Posted on: Nov 09, 2016 | Views() | Download (183)