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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…

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China’s politicians are very good at implementation, unlike in India: Maira | Jaipur News

Jaipur: India and China followed two different models of governance. India runs on constitutional democracy, elections, and individual freedoms. China, though a one-party state, is increasingly described as practising performance-based democracy, said speakers at a JLF session Thursday.Drawing the contrast, Arun Maira, former Planning Commission member and author of ‘Reimagining India’s Economy’, said, “The Chinese…

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