Fiscal federalism faces strain; Subramanian, Kapur call for reform | Jaipur News
Jaipur: India’s fiscal federalism, the system that governs how resources are shared between the Union and states, is facing challenges.At a JLF session Thursday on their book, ‘A Sixth of Humanity: Independent India’s Development Odyssey’, former chief economic advisor Arvind Subramanian and academic Devesh Kapur said that the country’s federal unity is being strained by…