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The Fifteenth Finance Commission (XVFC) has or the first time, a finance commission has carved out resources meant for distributable statutory grants and dipped into the states’ revenue share for national defence, as against the tax share, in order to finance the Centre’s exclusive expenditure obligation. What are its implications for federalism? 10 marks

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2 responses to “The Fifteenth Finance Commission (XVFC) has or the first time, a finance commission has carved out resources meant for distributable statutory grants and dipped into the states’ revenue share for national defence, as against the tax share, in order to finance the Centre’s exclusive expenditure obligation. What are its implications for federalism? 10 marks”

  1. SURYA G Avatar
    SURYA G

    @parth
    please review

  2. SURYA G Avatar
    SURYA G

    @parth
    please review

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