What are the main recommendations of the Fourteenth Finance Commission?
Points to Remember: The Fourteenth Finance Commission (FFC) aimed to restructure India’s fiscal federalism. Its recommendations significantly increased the share of states in central taxes. It focused on promoting fiscal prudence and strengthening local governance. The FFC’s recommendations had a lasting impact on India’s intergovernmental fiscal relations. Introduction: The Fourteenth Finance Commission (FFC), constituted in … Read more