Suggests suitable changes to the federal fiscal sharing system in India, taking into account the possible alterations in the structure of the economy and the potential revenue generation at different levels of government

Advocates modifying the federal transfer system to take into account possible changes in the overall fiscal mechanism

Includes papers covering issues of governance as well as the effectiveness of fiscal rules

Autorentext

Dr. Naseer Ahmed Khan is a professor at the School of Economics, University of Hyderabad, India. Prior to this, he taught at the Institute of Chartered Financial Analysts of India (ICFAI) University, Hyderabad. His areas of interest include public finance, international trade, business economics, and macroeconomics. He has published papers in respected journals and has also edited a volume titled Transition to Market- oriented Economy, published by the ICFAI University Press.

Inhalt
Section A. Fiscal Federalism and Resolving the Fiscal Imbalances.- Chapter 1. **Making feudalism work for India's development.- Chapter 2. Cooperative federalism in India: Incentive for more public expenditure on social sector.- Chapter 3. A Comparison of fiscal capacity of state in India.- Chapter 4. Impact of fiscal transfer on gross domestic product of Indian federal state.- Chapter 5. Fiscal transfers and Karnataka finance.- Section B.Fiscal Decentralization for High Growth.- Chapter 6. **Fiscal decentralization A case study of Kerala.- Chapter 7. Fiscal deficit and economic growth nexus.- Chapter 8. Fiscal decentralization and economic growth: Evidence from Indian state.- Section C. Emerging issues.- Chapter 9. Fiscal federalism in India: Emerging issues.- Chapter 10. Role of governance and public expenditure in achieving development goals.- Chapter 11. Public debt and economic growth in India.- Chapter 12. Efficiency and adequacy ofpublic health system in improving health outcomes.- Chapter 13. An empirical analysis of fiscal deficit and stock prices in India.- Chapter 14. Impact of FRBM on state finances.<p