India's Twelfth Finance Commission:A View from Kerala

R. Mohan and K. P. Kannan

Working Papers from eSocialSciences

Abstract: The focus of the paper is to review the Terms of Reference (TOR) of the Twelfth Finance Commission with special reference to Kerala. It also critically examines the emphasis on fiscal deficit reduction without paying attention to its quality and finds that this has led to the Centre and the States resorting to a softer option of cutting productive capital and necessary maintenance and social sector expenditure. [Working Paper No. 354]

Keywords: Terms of Reference; Twelfth Finance Commission; fiscal; social sector; expenditure (search for similar items in EconPapers)
Date: 2010-11
Note: Institutional Papers
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