Whither decentralization?5 min read 25 Feb 2015, 12:09 AM IST
India fiscal architecture is undergoing a radical overhaul but missing from this rhetoric of decentralization and tax devolution are local governments
India’s fiscal architecture is undergoing a radical overhaul this budget season. On Tuesday, the NDA government accepted the Finance Commission’s proposal to enhance tax devolution to states. This, coupled with efforts to rationalize and reduce centrally sponsored schemes (CSS) through the chief ministers sub-group of the NITI Aayog, and the repeated calls for cooperative federalism together suggest that decentralization to states is the new mantra.