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Indian Fiscal Federalism and the Declining Power of the States

Arun Kumar and Anivar Aravind contend that a 2021 change in how funds are disbursed from the Union government threatens federalism because the states are no longer advanced funds that they can use according to their priorities. They suggest that this change, along with the forced integration of state treasury software with the Union’s software, allows the Union government to “completely subjugate the economic base of Indian federalism.” Read more here.