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THE ECONOMIC WEEKLY. December 17, 1960. Centre-States Financial Relations. Role of Finance Commission. D N Sharma. T H E Articles relating to the powers and functions of the. Finance Commission in the .Consti- tution are substantially the same as. Sections 138, 140 and 142 of the. Government of India Act, 1935.
LEGISLATIVE, ADMINISTRATIVE AND FINANCIAL. RELATIONS BETWEEN JAMMU AND KASHMIR. STATE AND INDIA he Constitution of India envisages a clearly defined division of powers between. Union Government and State Governments. Except in certain specified circumstances, enumerated by the Constitution of
on the subject relating to various aspects of the financial relations between Union government and State governments in India. B.S. Grewal, in his book Centre-State Financial Relations in India has done economic evaluation of fiscal federalism in India. The book mainly analysis the policies of the Planning Commission and
development of ethno regional units and increased politicization lend urgency to review of economic and financial relations between the. Centre and the States. So, tension has grown in our federal polite. The major area of Center-State irritants in India relates to the legislative sphere of the Constitution. The distribution of
And Part XII deals with Financial relations between the two levels of distributed the legislative, executive & financial powers between the union parliament is authorized to make legislations on a. State subject –. 1. Power to legislate in the national interest(Art.249),. 2. Power to legislate during the period of emergency.
27 Aug 2013 The Financial relationship between the Centre (Union) and the States is provided in the constitution. The constitution gives a detailed scheme of distribution of financial resources between Union and the States.
The above statement makes it quite clear that the Indian. Constitution introduces a federal system as the basic structure of government of the country. The union and the states derive their authority from the constitution which divided all powers - legislative, executive and financial as between them. The result is that the states.
Abstract: The Financial Relationship between the centre and the state is provided in the constitution. The constitution gives a detailed scheme of distribution of financial resources between union and states. Like other powers financial powers are also distributed between the two sets of government. The sources income of
transfer of resources from the Union to the States; and critically evaluate the Centre-State 'financial relations as they have evolved over the years. 5.1 INTRODUCTION. Federations, old and new, are characterised by a clear division of functions and resources between the federal government and the unit governments.
Financial relations, taxes and sanction of presidental power are important topics for CBSE UGC NET JRF Paper 1.

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March 2018