Unshackling the states from central schemes3 min read 30 Nov 2015, 10:11 PM IST
A large number of central schemes end up curbing the autonomy of states
In some ways, the thunder of finance minister Arun Jaitley’s first full-year budget was stolen by the Fourteenth Finance Commission (FFC) report. Released just a few days before the budget speech was made, the FFC brought in significant changes in state-centre finances by increasing the devolution to states from 32% to 42% of the net Union tax receipts. With fewer funds to disburse, the Union budget delinked as many as eight centrally sponsored schemes (CSS) from the support of the Union government. Many others were now to be implemented with altered financing patterns.
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