UPSC GS-2: Centre–State financial relations and fiscal federalism (15 marks)

Day :-4 - GS:-2 Examine the evolving pattern of Centre-State financial relations in the context of planned development in India. How far have the recent reforms impacted the fiscal federalism in India? (15 MARKS) I'd really appreciate it if you all could write your own answer to the same question and share it here, so we can compare our approaches and get a better understanding of how to improve our answers.