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Shrinking Fiscal Space of Indian States:16th Finance Commission’s Recommendations That Fail State Demands
A diverse country like India is home to states that differ sharply in income levels, population pressures, geography, and administrative capacity, giving rise to vast and uneven fiscal pressures that can't be fulfilled with a one-size-fits-all system. Illustration by The Geostrata Fiscal Federalism is at the heart of the Indian Economy, sustaining strong Centre-State relations and upholding political legitimacy. In this backdrop, the constitution provides a balance between th

THE GEOSTRATA
1 day ago4 min read


From Finance Commission to GST: Understanding Centre-State Relations in India’s Fiscal Federalism
One of the reasons India’s democracy remains strong is because of the balanced sharing of powers and duties between various levels of...

THE GEOSTRATA
Sep 23, 20254 min read
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