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Posts tagged as “Finance Commission”

A growing chasm between North and South India

The recently constituted 15th Finance Commission of India reflects the growing chasm between North India and South India. The criticism surrounding the latest finance commission stems from the commission's terms of reference set by the central government. The main contention of the southern states is the circular issued to the commission to take the population figures from recent 2011 census instead of 1971 census forĀ  devolution of tax revenues and grants-in-aid from central government to individual state governments.