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Allocation Of Funds For States

Allocation Of Funds For States

Source: PIB
GS II: Important International institutions, agencies and fora- their structure, mandate


Overview

  1. News in Brief
  2. How it helps

Why in the News?

Recently various Opposition-ruled States especially from south India have claimed that they have not been receiving their fair share as per the present scheme of financial devolution.

News in Brief

  • They have raised issues about their less than proportionate share of receipt in tax revenue when compared to their contribution towards tax collection.

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T.N. Godavarman Thirumulpad vs. Union of India

 


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